Agency Options: What a Seller's Agent Can Do...

As it obviously states, the seller's agent represents the seller in a real estate transaction. 

If you are a buyer, the agent for a seller, is obligated to keep the seller's confidences, especially those having to do with price, term and motivation. (The seller's agent is always required to give you complete information about the property including warning you about any problems they know about or suspect.) 

The seller's agent is also obligated to tell the seller anything they know about your motivation or negotiating strategy.  If you do not to share this information with the seller, you would discuss it with the person buying the house with you, but you would not discuss it with me.  For example, you would not say to the seller's agent, "We'd like to make an offer of $100,000, but if necessary we would pay as much as $110,000." This is the kind of information the seller's agent would have to tell the seller.

As you can see, it's very important to keep your cards "hidden" until you understand your agency options.  

Later this week, we will cover buyer's agency, dual agency, appointed agency and non-agent or facilitator.