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Kentucky REALTOR® News

Buyer’s rep not liable for measurement error

Jul 16, 2014

A Texas appellate court has evaluated whether a buyer’s representative was liable to his clients for inaccurate square footage information. 

Bowen Zhu and Jian Yu (collectively, “Buyers”) purchased a home. The Buyers had retained real estate licensee Kai Lam (“Buyer’s Representative”) of The Household Realty, Inc. (“Brokerage”) to represent them in the transaction.

During the course of the transaction, the listing broker, the local government appraisal district, and the Buyer’s Representative had all represented that the size of the property’s living area as 2,722 square feet. While viewing the property, the Buyers had remarked that the property seemed smaller than their 2600 square feet residence, but the Buyer’s Representative had responded that this was because the property had an open floor plan. Read More

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