Nebraska Disclosure of Brokerage Relationship
Your Brokerage Relationship With iNest Realty
As a potential buyer of Real Estate, I/We understand and agree that iNest Realty Inc. and the iNest Realty Inc broker/salesperson is representing me/us as a client and providing Real Estate service to me/us in the capacity of a Limited Buyers Agent.
Buyer Agency
A buyer's limited agent is an agent who represents a
buyer. A real estate licensee is a buyer's limited
agent unless one of the written agreements or
consents described in this brochure is in place. A
buyer's agency may also be created by written
agreement between you and a real estate broker. A
buyer's limited agent, in addition to performing under
the terms of any written agreement made with the
buyer, exercises reasonable skill and care for the
buyer and promotes the interests of the buyer with
the utmost good faith, loyalty, and fidelity. A buyer's
limited agent seeks a price and terms which are
acceptable to the buyer; presents all written offers to
and from the buyer in a timely manner; discloses, in
writing, to the buyer all adverse material facts actually
known by the limited agent; and advises the buyer to
obtain expert advice on known matters beyond the
limited agent's expertise. A buyer's limited agent
must account for all money and property received,
and must comply with all applicable federal, state,
and local statutes, rules, and ordinances.
A buyer's limited agent shall not disclose any
confidential information about the buyer unless
required by statute or rule, or if failure to disclose
would constitute fraudulent misrepresentation.
A buyer's limited agent may retain and compensate
other brokers as subagents only with the written
agreement of the buyer. (Subagents have the same
duties and obligations as the buyer's limited agents.)
A buyer's limited agent may show the same property
to competing buyers, and assist competing buyers in
attempting to purchase said property, without
breaching any duty or obligation to their client.
A buyer's limited agent owes no duty or obligation to
a customer (seller) except to disclose, in writing, all
adverse material facts actually known by the licensee.
Adverse material facts may include adverse material
facts concerning the buyer's financial ability to
perform the terms of the transaction.
A buyer's limited agent must also act honestly and
fairly in their dealings with a seller.
A buyer's limited agent owes no duty to conduct an
independent investigation of the buyer's financial
condition for the benefit of the seller, or to
independently verify the accuracy or completeness of
statements made by the buyer or any independent
inspector.
A buyer's limited agent must, if the seller is not
represented by another licensee, provide a list of
tasks that the buyer's limited agent may perform for
the seller (customer).
Please read this entire Nebraska Disclosure link: http://www.nrec.state.ne.us/pdf/BRSellers.pdf
Acknowledgment
I/We acknowledge receipt of a copy of this disclosure and confirm my/our understanding of the disclosed agency relationship.