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Realtor Agency in Lexington Kentucky

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Many states now have mandatory disclosure laws as to who the agent is working for. Before you start looking for a home, decide on what level of representation you need.

Agents working for the seller: If an agent has a home listed, then that agent is an agent of the seller. The agent has promised to do their best for the seller, not you the buyer.

Agents just working for one party in a transaction: These are agents who only represent the buyer or the seller, never both at the same time.

Agents working as a disclosed Dual Agent in a transaction: Many states allow dual agency where the agent is working on behalf of the seller and the buyer. Representation for both parties is reduced as the agent cannot disclose any confidential information for either party to the other.

Agents working merely as a transaction broker. Agents who do not sign a buyer’s agency agreement with you can help you find a home, but they cannot give any advice on negotiating the contract. They have to remain neutral.

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Lexington, Kentucky, United States, known as the "Horse Capital of the World," is located in the heart of the Bluegrass region. It is the second-largest city in Kentucky, after Louisville, and the 70th largest in the United States. On January 1, 1974 Lexington became the first municipality in the Commonwealth of Kentucky to form a consolidated city-county government by merging with Fayette County. In 2005, the population estimate given by the U.S. Census Bureau was 268,080. Lexington is home to the Kentucky Horse Park, Keeneland race course, the Red Mile race course, a Jif peanut butter plant which produces more peanut butter than any other factory in the world, Transylvania University and the University of Kentucky (UK). The area code (859) spells out UKY. UK's basketball program is immensely popular in the city, and the University of Kentucky Wildcats basketball team have won more games than any other team in college basketball history. -- Source: Wikipedia.com





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