In North Carolina, there are 3 primary ways a real estate agent can represent a buyer or seller in a transaction. These are Seller’s Agent, Buyer’s Agent, and Dual Agent.
The seller’s agent, or listing agent, is just that. He or she works for the seller and is trying to sell the listed property. Frequently, buyers call seller’s agents to show them a house. This is perfectly fine and quite common, but keep in mind the seller’s agent’s loyalty is to the seller, unless you choose to hire the listing agent as a dual agent (more on that later).
If you’re a seller, your agent is required to do the following:
- promote your best interests
- be loyal to you
- follow your lawful instructions
- provide you with all material facts that could influence your decisions
- use reasonable skill, care and diligence
- account for all monies they handle for you.