What is the first thing I need to do if I am buying or selling a house?

Get Legal Help Today

 Secured with SHA-256 Encryption

Jeffrey Johnson is a legal writer with a focus on personal injury. He has worked on personal injury and sovereign immunity litigation in addition to experience in family, estate, and criminal law. He earned a J.D. from the University of Baltimore and has worked in legal offices and non-profits in Maryland, Texas, and North Carolina. He has also earned an MFA in screenwriting from Chapman Univer...

Full Bio →

Written by

UPDATED: Jul 16, 2021

Advertiser Disclosure

It’s all about you. We want to help you make the right legal decisions.

We strive to help you make confident insurance and legal decisions. Finding trusted and reliable insurance quotes and legal advice should be easy. This doesn’t influence our content. Our opinions are our own.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about legal topics and insurance. Our goal is to be an objective, third-party resource for everything legal and insurance related. We update our site regularly, and all content is reviewed by experts.

You may want to find a real estate agent, or broker, to help you in either buying or selling a house. If you are a potential buyer, you can work with any number of brokers.

If you are a seller, you generally will responsible for paying the broker’s commission, and generally list with only one broker. Although as seller you list with one broker you’ll want to make sure the terms of your listing allow other brokers to show the house to potential buyers.

In such a case, the commission is shared (often split) between the listing and selling brokers. If you are buying a house, you should be aware that the brokers (even “your broker”) are almost always acting in the interests of the seller. Sometimes you may even be asked to sign a document indicating this.

If you are selling, you need to thoroughly discuss and disclose the history and physical condition of the house. If you are buying, you need to be certain of your financial ability to pay the price.

Get Legal Help Today

Find the right lawyer for your legal issue.

 Secured with SHA-256 Encryption