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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]On several properties we have recently looked at, listing agent makes it clear that information learned during a pre-inspection is for our purposes only and should not be shared with the listing agent.

I understand that in this market, pre-inspection findings are not usually points of negotiation but solely information for potential buyers. But this reeks to me of "knowing" there is something wrong, but wanting plausible deniability (la la la, holding my ears) if they never 'actually' learn it is an issue.

In one of these houses, we scheduled a pre-inspection and within 5 mins, the inspector found a huge crack in the foundation that seemed to span the length of the house. It was obvious there were several previous attempts to patch (cover) the crack but it re-emerged. Inspector's opinion was to walk away from the house, and we did - no regrets. But I have to believe both the seller and listing agent "know" about this and are trying to sell the house without having to disclose.

My lesson in all of this -- a pre-inspection is money WELL-spent. Major bullet dodged.

Anyone else think this is completely unethical of the agent/seller? Are you at all concerned if a listing agent writes this about a property you are considering?[/quote]

It is completely standard protocol for listing agents to write that they dont want info from a preinspection to be shared with the sellers. In some cases the listing agents will write that if info is shared with them about

problems found in the preinspections, [b]that the buyers/agents could be held responsible for any consequences that the sellers face as a result. [/quote][/b]

How is this legal?  Can you point to a law that says this?  Assuming no contract in place with buyer, how can this be required?[/quote]

I dont think it's illegal but the listing agent has made ir completely clear not to do it and I think buyers could face potential civil damages.

[/quote]

I think you are making this up.  Just from a quick search, in at least two states, it is illegal for a seller to refuse a buyer's inspection report when the buyer wants to share it.[/quote]

LOL. Are you a real estate attorney? What states are you talking about? All I'm saying is that it is not uncommon for listing agents in the DMV to write in their disclosures that agents are not to provide results from a preinspection to the sellers' agent. [/quote]

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