When I began selling real estate in 1966 the legal theory in place was "Caveat Emptor" or let the buyer beware. There were many complaints and over the years th

When I began selling real estate in 1966 the legal theory in place was "Caveat Emptor" or let the buyer beware. There were many complaints and over the years the theory drifted to "Caveat Venditor" or let the seller beware. Most states have gone this route but I believe there are one or two states doing let the buyer beware.I cannot find information that quantifies the actual number of complaints, but my experience is that the complaints are about the same. This suggests that neither theory works in practice. I wrote about this[1] several years ago. The article gives you a common sense take on agency [1]https://dearmonty.com/is-your-buyer-agent-legitimate/ https://dearmonty.com/is-your-buyer-agent-legitimate/