5,229,945
Was your neighbor's home listed with you prior to their relative? (Were they a client when you discovered the defects?)
Do you have proof of the defects?
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J.R. Schloemer
Louisville, KY
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Roy Kelley
Gaithersburg, MD
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Kathleen Daniels, Prob...
San Jose, CA
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Carol Williams
Wenatchee, WA
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Ron and Alexandra Seigel
Carpinteria, CA
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Pete Xavier
Pacific Palisades, CA
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Tony and Suzanne Marri...
Scottsdale, AZ
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Allie Angeloni
Oro Valley, AZ
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Bob Crane
Stevens Point, WI
1,052,196
As a licensed agent, when it comes to structural defects, you 'know' nothing--only what you believe to be true.
You have zero obligation unless your client is interested in buying that house.
Even then, unless you are a structural engineer, your obligation at that time would be to advise your client that they need to perform extensive due diligence on the property before they make their earnest money hard.
Whatever you may have known in the past, you don't know what is, now, today.
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Jordan Ayan
Scottsdale, AZ
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J.R. Schloemer
Louisville, KY
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Carol Williams
Wenatchee, WA
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Ron and Alexandra Seigel
Carpinteria, CA
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Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
290,969
Unless if you bring the 'other party' to the Contract, I don't see as a neighbor, that you would have an obligation to disclose someone else's defects. It could be a 'he said she said' situation unless if there is proof (like a photograph or a video) on your part, and how would you interject 'that' into a conversation with a potential client that is not yours. Totally agree with Pete Xavier with X Group Real Estate Advocates, that Inspections should reveal a past problem, and that is was already fixed. Though that being said, it should be disclosed in the SPDS, because if it was fixed, they obviously knew there was a problem/defect.
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Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Nina Hollander, Broker
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Michael Jacobs
Pasadena, CA
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Bob Crane
Stevens Point, WI
953,617
Zero obligation unless you're representing a buyer who is interested in that same property. Non disclosure of material facts could lead to serious legal issues, hopefully the prospective buyer will have the home professionally inspected.
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Carol Williams
Wenatchee, WA
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Nina Hollander, Broker
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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Allie Angeloni
Oro Valley, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Bob Crane
Stevens Point, WI
6,393,154
Hopefully the agent and your neighbor know of the defects and disclose them.
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Michael Jacobs
Pasadena, CA
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Allie Angeloni
Oro Valley, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Bob Crane
Stevens Point, WI
2,436,099
If you are neither the listing agent, buyers agent, seller or buyer, zero.
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Carol Williams
Wenatchee, WA
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
2,684,009
Politely I say, MYOB.
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Debe Maxwell, CRS
Charlotte, NC
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Pete Xavier
Pacific Palisades, CA
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Greg Large
Grove City, OH
54,940
Unless you represent the buyer you are basically Mrs. Kravitz if you say anything (upvote if you know who she is)
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Carol Williams
Wenatchee, WA
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Candice A. Donofrio
Fort Mohave, AZ
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Debe Maxwell, CRS
Charlotte, NC
2,071,025
Great question and asnwers. Good luck.
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Valeria Mola
Sunny Isles Beach, FL
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
1,598,452
Good answers are here. I hope you find the best one.
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Valeria Mola
Sunny Isles Beach, FL
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Evelina Tsigelnitskaya
Sunny Isles Beach, FL
3,345,091
If you are not a party to the transaction you have no obligation. Some might feel a "moral" or "ethical" obligation ... and with that comes great responsibility.
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Debe Maxwell, CRS
Charlotte, NC
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John Juarez
Fremont, CA
4,882,355
If I start working with a client or customer who was interested in that property I would disclose what I know.
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Pete Xavier
Pacific Palisades, CA
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Debe Maxwell, CRS
Charlotte, NC
5,104,931
You have no obligation unless you are representing a buyer for that home. And I'd be asking where is your incontrovertible proof of defects.
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Carol Williams
Wenatchee, WA
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Pete Xavier
Pacific Palisades, CA
1,712,676
I would let my buyer be aware of your opinion. It is an opinion unless you have concrete proof.
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Debe Maxwell, CRS
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
556,536
This is a tough one. The house across the street from me just closed under similar circumstances and now i have new neighbors who don't know what i know about their house. The whole situation sucks.
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Carol Williams
Wenatchee, WA
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Debe Maxwell, CRS
Charlotte, NC
1,045,440
Who exactly would you be disclosing this information to?
How did you come by this "knowledge" as Candice A. Donofrio mentioned unless you are an EXPERT you don't KNOW anything...
You haven't said anything that indicates you have ANY involvment in this transaction at all.
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Candice A. Donofrio
Fort Mohave, AZ
2,875
As a real estate agent you have to disclose if you are representing a relative.
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Debe Maxwell, CRS
Charlotte, NC
5,583,278
do not ever interfere with anyone's transaction....you'll get your butt sued.
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Debe Maxwell, CRS
Charlotte, NC
1,502,998
If you're not part of the deal you have zero fiduciary responsiblity and zero obligations. Same with if the house across from you listed with a random agent. Even bringing up the topic could open you up to risks of litigation if the info was inaccurate and it killed a deal.
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Debe Maxwell, CRS
Charlotte, NC
427,257
If it isn't yours to disclose, I'd stay out of it.
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Debe Maxwell, CRS
Charlotte, NC
7,835,407
If you are not a party to the transaction, you should not be involved.
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Debe Maxwell, CRS
Charlotte, NC
911,228
5,772,575
Stay out of it. What Debe Maxwell, CRS said. A
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Debe Maxwell, CRS
Charlotte, NC
1,196,798
In general terms, you don't have any legal obligation since they are not your client.
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Debe Maxwell, CRS
Charlotte, NC
3,416,038
Unless you are representing a buyer for that home, you have no obligation. If you are going to make accusations to buyers you do not represent who look at the home, you better have proof or could be sued
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Debe Maxwell, CRS
Charlotte, NC
5,216,381
Unless you represent a buyer for the property, leave it alone or make sure your E&O will cover you!
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Debe Maxwell, CRS
Charlotte, NC
225,526
Unless you are going to be involved in a transaction, I would stay out of the situation. It's not your concern
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Debe Maxwell, CRS
Charlotte, NC
3,071,489
3,164,269
1,622,432
I had a similar situation, when the listing next to mine was a flip and neighbors told me that that house had structural damage. I mentioned it to my buyer client( since it is kind of rumors that I heard, I had no evidence), fortunately my client did not like the house, otherwise, we'd just bring a good inspector. The owner likely had no knowledge since they never lived there and the agent was out of area as well. So, i'm sure, they just answered ''to my best knowledge: I do not know''.
4,319,419
3,986,258
Leave it alone. The sellers agent and the owners will be liable in the future
3,988,007
1,239,801
1,311,397
Unless you are part of the transaction, keep your information to yourself and your nose our of someone else’s business.
If you were part of the transaction, my advice would be different.
117,135
Are you certain it was not disclosed? How do you know?
If you knwo the sellers, I would let them know that they need to disclose everything pertinent about the property, or they could be held liable after the fact if it was a material issue.
4,800,082
921,504
I would contact __________ and present _______________ to the agent and owner.
The broker involved would be advised that _______________ is required in accordance with _______________.
Content redacted because it is unknown if the presenter of the question possess the education or requirement to handle such information with professionalism.
4,434,127