They still act for the buyer and seller in the same transaction in England. I do not know of any other profession that tolerates such conflict of interest.
Agreed it would be a conflict of interest. However, estate agents don't act for the buyer that's the misconception many buyers have. They do have a legal obligation towards buyers but unless they've engaged a buying agent a buyer is largely on their own. www.moveiq.co.uk/blog/buying/estate-agents-legal-obligations/
Having just sold my house back in may last year. As far as I can see all they did was take a large fee for doing very little.
Sorry to hear that!
They still act for the buyer and seller in the same transaction in England. I do not know of any other profession that tolerates such conflict of interest.
Agreed it would be a conflict of interest. However, estate agents don't act for the buyer that's the misconception many buyers have. They do have a legal obligation towards buyers but unless they've engaged a buying agent a buyer is largely on their own. www.moveiq.co.uk/blog/buying/estate-agents-legal-obligations/
@@MoveiQ thank you. That explains our experience as first time buyers six years ago. We really could have done with a little hand holding.
You can do everything yourself.
Not sure why you would be paying a unqualified person to just take your money 🤦♂️🤦♂️🤦♂️🤦♂️
👍using a qualified agent is always a good call.
You don’t need any qualifications to be an estate agent and it shows
Agents who are members of Propertymark are qualified but not all agents are