What kind of people live around this home? Are there sex offenders nearby? What’s the crime level like? How about the schools? Answering these questions can be challenging for real estate agents, potentially putting them at risk of providing inaccurate information or flirting with fair housing laws.
- Agents can direct buyers to property report providers to avoid answering sensitive questions about homes' neighborhoods.
- Some speculate that sellers and agents may gain an advantage by providing property reports like those generated by Home Disclosure to prospective buyers.
- Home Disclosure was rolled out by RealtyTrac, which also operates the listing portal RealtyTrac and Homefacts.com.
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Dive into the latest Technology affecting RE, July 17, 2018