Why you need my assistance:
4. A Common Mistake
One of the most frequent mistakes made by UK Buyers is to proceed with a US property purchase as if things operated as they do in the UK i.e. they find a home for sale by searching a newspaper, driving by a For Sale sign or by searching the Internet, then go on to make contact with the Listing Realtor.
What is often not understood is that, in the USA, the Listing Realtor is, by law, required to consider the Seller’s interests alone and he is prevented from disclosing certain factors affecting the price paid for the property (for example, if the Seller has financial reasons to sell and may accept a lower price). Anything detrimental to the Seller and advantageous to the Buyer cannot ever be disclosed by the Listing Realtor.
For more information specific to UK buyers, click here: Buying Florida Property.