What should an agent do if they are aware of a known defect in the property?

An agent has an ethical and legal obligation to disclose known defects in a property, regardless of the seller's wishes. This duty is rooted in the principles of honesty and full disclosure in real estate transactions, which protect both the buyer and the integrity of the market.

When a known defect is present, failing to disclose it can lead to significant legal consequences for both the agent and the seller, including potential lawsuits for misrepresentation or breach of fiduciary duty. Additionally, transparency builds trust with clients and contributes to a healthier real estate market.

Agents must prioritize their responsibility to inform potential buyers about any material defects, as this disclosure helps buyers make informed decisions. Thus, acting in accordance with ethical practices and legal requirements, agents should disclose known defects clearly and openly, ensuring all parties involved have the necessary information to proceed safely and responsibly in the transaction.