Many first-time home buyers are working with a sub-agent also known as seller's realtor and it's important to know that these agents work for the seller, and not the home buyer. Vendor's agents are actually employed to represent the vendor and convince the home buyer to the deal, but they will work on a commission and have certain rights and responsibilities to the buyer.

The regulations vary from one state to another, but there are certain things they cannot do according to national law. The writer of '100 Questions Every Home Buyer Should Ask' encourages all home buyers to review all the agent's forms and disclosures thoroughly to understand exactly what types of services they will be offering; if you don't understand anything at all, do not sign the form. It's also important to know the vital things that a seller's agent can and cannot do for you:

The seller's agent can provide you with complete pricing lists of comparable homes in your area. These are often known as 'comps' and are a compilation of similar homes in your neighborhood, listing information as well as their list prices. This information makes sure that you are not offering, or being offered, an unreasonable price when it is time for you to make a deal.

The seller's agent can't inform you which home to choose when you're still deciding. Even though it's the seller's agent's job to sell you the home they are paid for to sell, they do not have a right to 'push' their home over another in question. If you like two houses and the broker is working with both sellers, they cannot persuade you to buy one over the other; the decision is ultimately yours to make.

The seller's agent cannot point out flaws in the the home. The seller's broker cannot say anything that would affect your decision to purchase, or not purchase, the house. Any specific material concealed flaws may be disclosed, however you will need to conduct your own research to find out if the home is in good condition.

The seller's agent can't make suggestions on the best offer for the home. It may be to ask the vendor what price you should pay for the property, but they cannot lawfully offer this information at any time on your conversations. The sub-agent has specific responsibilities to the seller, so this information may impede on their relationship.

The seller's agent may ask for recommendations. Most sub-agents are private business owners and are constantly looking for new customers. They do have the right to ask you to refer them to family members or friends, and will do everything they can to make your homebuying experience a great one.

When you're dealing with a sub-agent as a first-time home buyer, it is important to remember that they're in the business to help make the home buying process relatively easy. It doesn't always mean that they've got your best interests in mind, so it is important to conduct your research on the property and also hire a professional MN real estate agent along with the seller's agent.