If you are a buyer or a seller in a real estate transaction and represented by an agent, that agent owes you fiduciary duties or loyalty. Often times agency is contracted (also known as express agency) but other times it can be implied. In any case, there is an acronym to remember those duties: OLD CAR.

They are:

Obedience:

The agent must obey their client’s instructions. As long as their instructions are not illegal and are in accordance with the contract.

Loyalty:

The agent must be loyal to their client and keep their best interests ahead of those of any other party. Commission, how it is disbursed, competing offer situations, and anything having to do with the sale must be disclosed.

Disclosure:

Disclosure laws in many states require a real estate agent, whether in an “agency” capacity or not, to disclose material facts to their client. Material facts are those that, if known by the buyer or seller, might cause them to change their purchase or sale actions.

Confidentiality:

Confidentiality means that the agent does not disclose anything about you as the client (your business, financial or personal affairs or motivations) unless expressly directed by the client. This duty survives closing and lasts forever. Only a court instruction to disclose can relieve the agent of this duty.

Accounting:

The agent is to promptly report to the principal all money and property received and paid out. Accounting for all documents and funds in the transaction is a fiduciary duty.

Reasonable Care:

The agent is required to have a certain level of knowledge and protect the principal from foreseeable risks of harm. If it’s not something the agent is expected to know, they should recommend that the principal obtain expert advice or assistance when the principal’s needs are outside the scope of the agent’s expertise.

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Date: 05/17/2015 Time: 1:30 PM to 3:00 PM  
For Directions: click on the map image or feel free to contact me.  
For more information: click here for the full details  

Contemporary mutli level home set on a beautiful acre.Open floor plan with wide stairway leading to a living/dining area. Added bonus of private areas downstairs well suited for entertaining, work or play. The large back yard for children at play, easily supervised from a private deck or patio great for barbecues or family gatherings. Oversized 2-car garage with work area and access to the yards. This home has undergone extensive updates and renovations including the granite and cherry kitchen with open breakfast bar. Central air, beautiful new stone facade and hardscape including a front patio. Light young and neutral decor. Large family room opens to patio and huge yard. Enjoy the private back-to-nature setting from the large deck looking out beyond the huge yard to the beautiful Haynes Meadow Conservation land. Very special!

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Date: 05/17/2015 Time: 2:00 PM to 4:00 PM  
For Directions: click on the map image or feel free to contact me.  
For more information: click here for the full details  

Fresh and airy high ceiling colonial features 3 year old kitchen, antique pumpkin pine floors brimming with character. Fresh interior paint. Replaced doors, windows and wood trim — DELEADED! Expansion possible on walk-up third floor. Ceilings and charm of an earlier era with updates for today. Fenced private yard. Excellent location with easy access to the Pike, Commuter Rail and Green Line. A spacious move-in ready home. Side street just steps to popular Schofield School.

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Date: 05/17/2015 Time: 11:30 AM to 1:30 PM  
For Directions: click on the map image or feel free to contact me.  
For more information: click here for the full details  

New construction ready for summer! Light and bright kitchen loaded with white cabinetry, Wolf range, wall-oven and center island is open to the family room with gas fireplace. Escape to the magnificent master suite with huge soaking tub. Three more spacious en suite bedrooms. The lower level includes large media room, exercise area and fifth bedroom or office. 11 rooms and 4,400 square feet of living space over three expertly crafted levels. All nestled on a child-safe cul de sac. Interior photos show other projects by this reputable local builder. Plastered and rounding third for summer delivery. Don’t miss the opportunity to choose your counter tops and tile — the time is now!

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