June 21, 1992
Ellen James Martin, who wrote about home buyers' agents and their duties and obligations, ("Keeping Your Cool While House Hunting," April 5), apparently is not aware that in California we have very specific guidelines and they are much more than just "being friendly." On California's "Disclosure Regarding Real Estate Agency Relationships" form, under "Buyer's Agent" it states that the selling agent may act solely for the buyer and is not the seller's agent even though the selling agent may receive compensation from the seller for services rendered.
March 22, 1987
I read David Myers' article, "New Laws Affect Real Estate Deals" (Jan. 18) with interest as I was in the early process of escrow, which opened on Jan. 2, and was subject to the new disclosure rules the real estate lobby got passed in the last Legislature. My costs to sell the house for $69,000 included the following: For the loan application for the buyer, $354; title company, $513,50; first-mortgage holder fee, $100; second-mortgage holder fee, $190; repair dry rot on one board, $55; county tax collector, $75.90.
February 4, 1996
I've been an active Realtor in the Hollywood Hills for 23 years and after reading "All Yours" (Jan. 7), I must protest. The reader is warned about the "traditional" agent, i.e., that agent who wishes to sell his listings so that his "incentives" and commission can be collected, buyer be damned. Real estate transactions are by their very nature bilateral. Unless all parties to the transaction are treated with the utmost care, integrity and honesty, problems invariably arise. Those of us who have been in business more than 10 minutes are acutely aware of this.
December 3, 1995
I feel compelled to write in support of Robert Bruss' Oct. 8 article that Jay Belson and Valerie Fitzgerald so vehemently objected to. I base my opinions on my experience as a real estate agent. During that time, I acted exclusively as a buyer's agent, thus my company did not take listings and did not work with sellers. What Belson and Fitzgerald fail to discuss is the specific situation of dual agency (when an agent represents the buyer and seller). Can a buyer be properly represented?