The Commonwealth of Massachusetts

Mandatory Agency Disclosure

regarding

Seller Agents, Buyer Agents and Facilitators

The Commonwealth of Massachusetts requires all real estate agents to have a brief discussion about "agency" with consumers.  This conversation is to take place "at the first personal meeting to discuss a specific property".  The Commonwealth then requires that you, the consumer, understand and sign the Mandatory Agency Disclosure form.  Before personally providing you with this document we prefer to inform customers of this requirement as well as explain its purpose.

Agency is the relationship that is established between agents and sellers and agents and buyers.  In the Commonwealth, (on the selling side), agents work for the seller when they have a contract to sell their home and, (on the buying side), agents work as facilitators unless they are hired by the buyer to work on their behalf.  This is important to understand because many times buyers and sellers think an agent is automatically working on their behalf and automatically looking out for their best interest. This is not the case. Agents can only work with and for sellers and with and for buyers after a contract has been signed by the parties.

Our goal is to provide information and knowledge for a better understanding of the rules that govern our business. Both seller and buyer agent information can be found at our web site, www.HomeInfoSearch.com. This information will also be provided to consumers at the first personal meeting.

If you have questions about this requirement or any aspect of the selling and buying process please call us direct at 508-341-0989 or email us at HomeInfoSearch@verizon.net.