Hugh Dugan Real Estate

Jim Thorpe & Palmerton offices

Jim Thorpe Office: 570.325.8500

Palmerton Office: 610.824.8600

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28 Apr

WHY MUST THE CONSUMER NOTICE BE SIGNED

Posted by pixelpaper

Previously many Buyers were not aware of how agency laws worked.  They thought that the agent showing them property was their agent and they disclosed information to the agent that was not in their best interest.  However that agent was working with the Buyers, not for them. Any information, which Buyers gave to the Agent, had to be given to the Sellers because the fiduciary responsibility of the Agent was to the Seller. As the public became more aware of this arrangement, complaints were made to Real Estate Commissions and lawsuits were filed.

As a result, in November of 1999 the Pennsylvania Real Estate Commission passed legislation requiring Real Estate Agents to present to Buyers/Tenants and Sellers/Landlords a Consumer Notice at their initial interview.  The Commission requires the form to be signed, and kept on file for inspection by the Commission, to insure that each consumer has received the information about representation in a Real Estate Transaction before any confidential information is disclosed

Agents

Jim Thorpe
Hugh Dugan
Margaret Dugan
Hugh Dugan 2nd
Thomas Condly
Colleen Weber
Palmerton Office
Kristen Obert
Tamra Poust

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9:00am – 5:00pm
Weekends
By Appointment Only

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Hugh Dugan Real Estate

405 Center St.
Jim Thorpe, PA 18229
Phone: 570-325-8500
Fax: 570-325-0149
duganre@ptd.net

430 Delaware Ave.
Palmerton, PA 18071
Phone: 610-824-8600
Fax: 610-842-8604
duganpal@ptd.net