Is it lawful for real estate agents to protect your interests? 25 states, believe it or not, do not need brokers to follow traditional fiduciary obligations, while all 50 jurisdictions enable agents to work both sides of the same transaction. As a result, purchasers are frequently pushed into transactions that benefit their agent's bottom line. The agent is primarily concerned with protecting their commission, and a more costly purchase results in a greater payout. The same is true when house sellers are persuaded to accept lowball bids so the agents can move on to the next deal.
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