Sellers: Your agent could land you in court
Earlier this year, I counseled buyers and sellers against contracts without contingencies in an article called “Contingency-free Contracts Can Be Dangerous”. Several weeks later I read an article by a licensee that advocated what I had warned against, but did not mention the substantial risks involved with these practices.
This led me to consider a different approach — to appeal directly to sellers and help them see how their agent can get them into really hot water.
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