According to a recent study, realtors only tell 30% of homebuyers information about their clients, meaning that confidential information could be lost and unfair advantages given to sellers.
"A pending lawsuit in the suburbs of the nation's capital is focusing fresh light on a growing problem: Realty agents are failing to disclose whom they represent in transactions, even where state laws require them to do so in writing at their first substantive meeting with a potential client.
According to new research by the National Association of Realtors, just 30 percent of buyers during 2005 received disclosures about representation from their agents at their first meeting. Nearly half of first-time buyers either received no disclosures anytime during the sales transaction or were unaware of whether they did or did not."
"Clarity about representation is crucial because sellers and buyers often divulge confidential information to agents about their finances, personal circumstances or bargaining strategies that can dramatically affect pricing and negotiations."
FULL STORY: Suit tackles agents who shirk full disclosure
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco's School District Spent $105M To Build Affordable Housing for Teachers — And That's Just the Beginning
SFUSD joins a growing list of school districts using their land holdings to address housing affordability challenges faced by their own employees.
The Tiny, Adorable $7,000 Car Turning Japan Onto EVs
The single seat Mibot charges from a regular plug as quickly as an iPad, and is about half the price of an average EV.
Trump Approves Futuristic Automated Texas-Mexico Cargo Corridor
The project could remove tens of thousands of commercial trucks from roadways.
Austin's First Single Stair Apartment Building is Officially Underway
Eliminating the requirement for two staircases in multi-story residential buildings lets developers use smaller lots and more flexible designs to create denser housing.
Atlanta Bus System Redesign Will Nearly Triple Access
MARTA's Next Gen Bus Network will retool over 100 bus routes, expand frequent service.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)