Real Estate Rules, Regulations Discussed In First "Third On Third" Segment
EDWARDSVILLE - Lisa Webb, owner and managing broker of Third Street Realty, discussed real estate rules and regulations during the first “Third On Third” segment on Our Daily Show! on Riverbender.com . Future segments will air on the third Wednesday of each month, when Webb and Third Street Realty will share everything home buyers need to know. Webb warned that there is a “fine line” home owners and buyers should be aware of when using “dual agents,” or agents that represent both the buyer and the seller. She said there are strict ethical guidelines those agents must follow, including not disclosing confidential information to sellers on how much a buyer might be willing to pay for a home. “That’s unethical, you cannot do that,” Webb said. “Real estate agents can be fined for that, it goes against our license law. People don’t understand that that has to be disclosed up front.” She then gave an example
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