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Inspector's Advice: Disclose Everything
12/31/2008
Building inspector and syndicated columnist Barry Stone urges real estate sales professionals to be forthright about a property’s shortcomings. Taking a laissez-faire approach can increase a practitioner's liability if something goes awry after the sale has closed.
He particularly urges brokers to insist that associates be proactive about haveing properties professional inspected.
"The message should be: ‘This brokerage cannot afford disclosure-related lawsuits. If you work for this company, you must recommend only the most thorough home inspectors available. Here is the list of inspectors we have found to be the most qualified,’” Stone says.
Source: Access Media Group, Barry Stone (12/27/2008)
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