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VT Consumer Disclosure

Vermont Real Estate Commission

Mandatory Consumer Disclosure

(This is not a Contract)

This mandatory disclosure shall be given to the consumer at the first reasonable opportunity, and must be given to the consumer before discussion of confidential information; entering into a service agreement; or showing a property.

 

Right Now You Are A Customer

As a customer, the real estate agent with whom you are working is not obligated to keep confidential the information that you might share with him or her. As a customer, you should not reveal any confidential information that could harm your bargaining position. 

 

Vermont law requires all agents to perform basic duties when dealing with a buyer or seller. You can expect the agent with whom you deal to provide the following services whether you are a Customer or a Client:

• To disclose all material facts pertaining to the property known to the agent.

• To treat both the buyer and seller honestly and not knowingly give false or misleading information.

• To account for all money and property received from or on behalf of the buyer or seller.

• To comply with all state and federal laws related to the practice of real estate.

 

You May Become A Client

Whether you are selling or buying, clients receive more services than customers. You become a client by entering into a written contract with a real estate brokerage firm. All agents in the firm work for you.

 

In addition to the services noted above, as a client you can expect the following services:

• Confidentiality, including bargaining information

• Promotion of your best interest within the limits of the law

• Advice and counsel

• Assistance in negotiations

 

Important Information

1. You are not required to hire a brokerage firm for the purchase or sale of Vermont real estate. You may represent yourself.

2. Before you hire a brokerage firm, ask for an explanation of the firm’s conflict of interest policies.  

 

I/We Acknowledge Receipt of This Disclosure
_________________________________________
Printed Name of Consumer
_________________________________________
Signature of Consumer Date
[ ] Declined to sign

This form has been presented to you by:

Century 21 Farm & Forest 

 Approved by the Commission: 05272010