Caveat emptor or caveat venditor. Which do you engage in?

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TeamCHI - Complete Home Inspections, Inc., Home Inspectons - Nashville, TN area - 615.661.029 (Complete Home Inspections, Inc.)

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Rainer
150,466

Michael Thacker - Re/Max Real Estate Center - Louisville

Re/Max Real Estate Center - The Thacker Group - Louisville, KY

Your best friend who just happens to be a Realtor

Wasn't that the first question at Harvard in "Legally Blonde"?

Jan 31, 2016 08:47 PM

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3

Candice A. Donofrio

Fort Mohave, AZ
John McCormack, CRS

Albuquerque, NM
Mary Yonkers

Erie, PA

Rainmaker
5,383,300

Nina Hollander, Broker

Coldwell Banker Realty - Charlotte, NC

Your Greater Charlotte Real Estate Broker

I don't engage in either behavior, but I do tell buyersthat real estate in NC is about cavet emptor. Then again, I remind my sellers to be very careful about legal liability in terms of their disclosures as well.

Jan 31, 2016 08:35 PM

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2

John McCormack, CRS

Albuquerque, NM
Richard Weeks

Dallas, TX

Rainmaker
2,448,581

Lise Howe

Keller Williams Capital Properties - Washington, DC

Assoc. Broker in DC, MD, VA and attorney in DC

Both. Interestingly Virginia is a caveat emptor state while Maryland and DC are caveat vendor.

Jan 31, 2016 08:01 PM

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2

Richard Weeks

Dallas, TX
Nina Hollander, Broker

Charlotte, NC

Rainmaker
2,259,003

Michael J. Perry

Fathom Realty - Lancaster, PA

Lancaster, PA Relo Specialist

I'm a KW Koolaid drinker - Win - Win or NO Deal !!!

Jan 31, 2016 08:31 PM

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1

Michael J. Perry

Lancaster, PA

Rainmaker
1,027,657

Susan Haughton

Long and Foster REALTORS (703) 470-4545 - Alexandria, VA

Susan & Mindy Team...Honesty. Integrity. Results.

Virginia is caveat emptor.

Jan 31, 2016 08:16 PM

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1

Nina Hollander, Broker

Charlotte, NC

Rainmaker
1,311,741

Peter Mohylsky,

Property Management International-Destin - Inlet Beach, FL

Call me at 850-517-7098

Disclose, disclose, disclose. I don't like surprises.

Jan 31, 2016 08:09 PM

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1

Nina Hollander, Broker

Charlotte, NC

Ambassador
6,761,072

Bob Crane

Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI

Forestland Experts! 715-204-9671

Caveat Agentor

Apr 29, 2019 11:02 PM

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Rainer
35,694

Corey R. Roberts

Keller Williams Realty—Yuba Sutter - Yuba City, CA

Turning Dreams into Realty.

Win Win or No Deal.

Feb 07, 2016 11:15 AM

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Rainmaker
929,175

Olga Simoncelli

Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT

CONSULTANT, Real Estate Services & Risk Management

There should be transparency on all sides.

Feb 01, 2016 06:00 AM

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Rainmaker
1,466,257

Michael Setunsky

Woodbridge, VA

Your Commercial Real Estate Link to Northern VA

TeamCHI - Complete Home Inspections, Inc. I don engage in either. VA is a Caveat Emptor state and it is up to the buyer to do their due diligence.

Feb 01, 2016 04:18 AM

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Rainer
94,155

Val Evans

Scottsdale, AZ

Play it safe and disclose.

Feb 01, 2016 04:14 AM

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Rainmaker
1,545,944

Ryan Huggins - Thousand Oaks, CA

https://HugginsHomes.com - Thousand Oaks, CA

Residential Real Estate and Investment Properties

CA is a "if you have to ask, disclose it" state.

Feb 01, 2016 03:10 AM

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Rainmaker
140,768

Joan Dickie

Keller Williams Premier Realty - La Crosse, WI

Keller Williams Premier Realty

Minnesota is more caveat venditor. It very much leans towards buyers. It's very easy to get out of a contract for the buyers. Wisconsin is more caveat emptor, but not by much.

Feb 01, 2016 12:08 AM

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Rainmaker
3,417,356

Scott Godzyk

Godzyk Real Estate Services - Manchester, NH

One of the Manchester NH's area Leading Agents

I believe in disclose, disclose, disclose. All buyers though need to think as Caveat emptor and take heed while completing their due dilgence.

Jan 31, 2016 10:36 PM

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Rainmaker
3,074,716

Tony and Suzanne Marriott, Associate Brokers

Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ

Coldwell Banker Realty

Disclose

Jan 31, 2016 10:29 PM

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Rainmaker
1,513,143

Raymond E. Camp

Ontario, NY

I would tell the seller to disclose and if with a buyer make sure they leave no stone unturned!

Jan 31, 2016 09:50 PM

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Rainmaker
1,677,946

John McCormack, CRS

Albuquerque Homes Realty - Albuquerque, NM

Honesty, Integrity, Results, Experienced. HIRE Me!

If you know you must disclose.

Jan 31, 2016 09:46 PM

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Rainmaker
8,230,606

Roy Kelley

Retired - Gaithersburg, MD

Always verify.

Jan 31, 2016 09:44 PM

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Rainmaker
5,173,258

Richard Weeks

Dallas, TX

REALTOR®, Broker

No situational ethics and be nice to everyone.

Jan 31, 2016 09:31 PM

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Rainmaker
1,713,581

Joe Pryor

The Virtual Real Estate Team - Oklahoma City, OK

REALTOR® - Oklahoma Investment Properties

Sinve the second one was never mentioned in any real estate course I will stick with the first.

Jan 31, 2016 09:25 PM

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Rainmaker
1,231,903

Mary Yonkers

Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA

Erie/PA Real Estate Instructor

I learned about Caveat Emptor when buying my first home; by the time I was licensed it was out of sync and disclosure was golden.

Now I need you to explain 'caveat venditor' please.

Jan 31, 2016 09:22 PM

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Rainmaker
936,318

Jeff Pearl

Samson Properties / LIC in VA - Lovettsville, VA

Full Service Full Time Realtor

People think that Caveat Emptor will protect them. More than one attorney in Virginia has told me that that can not be relied upon as a defense. It does not give agents blanket protection.

Jan 31, 2016 09:12 PM

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Rainmaker
5,553,313

Wayne Martin

Wayne M Martin - Oswego, IL

Real Estate Broker - Retired

If you know you must disclose. Check your state law, they are all different!

Jan 31, 2016 08:41 PM

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Wasn't that the first question at Harvard in "Legally Blonde"?
I don't engage in either behavior, but I do tell buyersthat real estate in NC is about cavet emptor. Then again, I remind my sellers to be very careful about legal liability in terms of their disclosures as well.
Both. Interestingly Virginia is a caveat emptor state while Maryland and DC are caveat vendor.
TeamCHI - Complete Home Inspections, Inc. I don engage in either. VA is a Caveat Emptor state and it is up to the buyer to do their due diligence.
Minnesota is more caveat venditor. It very much leans towards buyers. It's very easy to get out of a contract for the buyers. Wisconsin is more caveat emptor, but not by much.
I believe in disclose, disclose, disclose. All buyers though need to think as Caveat emptor and take heed while completing their due dilgence.
I would tell the seller to disclose and if with a buyer make sure they leave no stone unturned!
Sinve the second one was never mentioned in any real estate course I will stick with the first.
I learned about Caveat Emptor when buying my first home; by the time I was licensed it was out of sync and disclosure was golden.

Now I need you to explain 'caveat venditor' please.
People think that Caveat Emptor will protect them. More than one attorney in Virginia has told me that that can not be relied upon as a defense. It does not give agents blanket protection.
If you know you must disclose. Check your state law, they are all different!