April 14, 2008
Dear George: I submitted an offer on a home to the listing agent. The agent said that I can't submit an offer on a property without using an agent or broker.
Is this true?
Answer: That statement is not true. A listing agent can legally work with a potential buyer as a customer or as a client as long as the listing agent has delivered the Information About Brokerage Services form to you; the agent is required to give this form to you before you have any substantive communication. The form states that the listing agent represents the seller of the property and that you, as the buyer, need to be aware that the agent does not represent you. It may be in your best interest to have your own representation (a buyer's agent), but it is
not required.
Dear George: Several of my neighbors and I agree that our property owners association is ineffective. We're going to take over the association in the coming months. Is there a seminar or class we can attend to learn how to improve our current situation?
Answer: The American Society of Association Executives may be able to assist you. Although running a property owners association doesn't quite match the ASAE's mission, that organization might help you prepare for representing your fellow owners. Another option is to hire an attorney who specializes in working with property owners associations. Paying such an attorney for 30 minutes of his time will get you advice specific to your situation and shouldn't cost too much.
E-mail a question to ask George & Chuck or fax it to 713-978-6684. The answers to questions in this column do not contain legal advice. If you wish to obtain legal advice, you should consult your own attorney.
