How should agents approach the disclosure of property defects?

Agents should approach the disclosure of property defects by disclosing all known material defects. This is essential because agents have a legal and ethical obligation to ensure that buyers are fully informed about any issues that may affect their decision to purchase a property. Material defects are defined as problems that could significantly impact the value, desirability, or safety of the home.

By fully disclosing these defects, agents uphold transparency in the transaction, which fosters trust and protects all parties involved. This practice is also in alignment with state laws and regulations that require real estate professionals to act in the best interest of their clients and to provide all pertinent information regarding the property.

Choosing to disclose only when asked or providing vague descriptions undermines this responsibility and can lead to legal repercussions or disputes after the sale. Additionally, agents are not absolved of their responsibility to disclose by opting not to mention defects at all, as this can lead to major issues should undisclosed defects come to light after the transaction is completed.