Legal Benefits to Using a Licensed Real Estate Agent

    Legal Benefits to Using a Licensed Real Estate Agent   Whether buying or selling, a professional, licensed real estate agent can provide great benefits in finding a dream home. Legal obligations to clients can provide a safety net for the client. Find out what legal benefits exist to using a licensed real estate agent and how to take advantage of the opportunity.   OLDCAR The acronym OLDCAR is used to describe legal obligations afforded to clients by licensed real estate agents. The benefits included are listed as follows:   Obedience If an agent represents an instruction with financial implications, the agent is required to follow it even if disagreement ensues. This pertains to anything that is legal and does not contradict a contractual agreement.   Loyalty An agent is obliged to put the interest of his or her client above those of anyone else involved in the deal (including the agent). Loyalty gives the client a sense of peace and reassurance the agent has his or her bes
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