When buying or selling real estate, you may find it helpful to have a real estate agent assist you. Real estate agents can provide many useful services and work with you in different ways. In some real estate transactions, the agents work for the seller. In others, the seller and buyer may each have agents. And sometimes the same agents work for both the buyer and the seller. It is important for you to know whether an agent is working for you as your agent or simply working with you while acting as an agent of the other party.
The “Working With Real Estate Agents” brochure addresses the various types of working relationships that may be available to you. It should help you decide which relationship you want to have with a real estate agent. It will also give you useful information about the various services real estate agents can provide buyers and sellers, and it will help explain how real estate agents are paid.
Real estate licensees in North Carolina are required to present this document before you begin discussing details of your personal situation or the exchange of financial information.
As a Buyer Agent, the latest that this information can be presented to you is before you cross the threshold of the property with your agent.
As a Seller, this should be presented at the beginning of the listing presentation at the latest.
Your agent will ask you to sign this document. IT IS NOT A CONTRACT as indicated on the form. You will only be signing as an acknowledgement that the form has been presented to you and your options explained.