11/08/2024
BROUSSARD LAW DEFEATS REAL ESTATE AGENT'S AND BROKERAGE'S MOTION TO DISMISS CLAIM FOR WITHHOLDING ADVERSE MATERIAL INFORMATION ABOUT PROPERTY FROM ITS CLIENTS TO GET THEIR COMMISSION
Ever felt like your real estate agent didn't advocate for you? Do you feel like they withheld bad information about property because they just wanted your commission?
Broussard Law represents real estate buyers in broad actions against buyer's and seller's agents and brokerages who seek to take advantage of buyers. In this case, our clients allege that the agents and brokerages concealed adverse material information from the buyers because they wanted higher commissions. Based on our arguments, the Court held that Plaintiffs state a claim when they allege that their brokerage or agent knowingly withholds information from their client that might impact their decision to buy property.
This is an important in light of the fact that Georgia law states a real estate agent does not owe a fiduciary duty to their clients. Broussard Law developed a theory of the case to circumvent that statute when a buyer's agent conceals information that could lead to their client declining to purchase property or negotiating down the price (thereby depriving them of their commission).
It doesn't help your agent's commission when you want a lower price based on defects in the property. Has this ever happened to you? Contact Barret Broussard at [email protected] to discuss your case.
