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Fastighetsmäklaren - en opartisk mellanman

by Wilen, Johan

Abstract (Summary)
The estate agent has to follow the rules for estate agents in Fastighetsmäklarlag (1995:400) when he performs his work. The 12 § direct that the estate agent has to follow good customs in all his work, and he has to fulfil both the vendor and the purchasers interests. The legislation states that the estate agent, in all situations, has to take good customs into account. This means that the estate agent does not have to take both parties interests into consideration in questions concerning the price and is allowed to act only in the favour of the vendor.Fastighetsmäklarlagen is a legislation which promotes the consumers interests, which should mean that consumers can get a clear image of the legislation by reading the words of the Act. The wording of the 12 § gives the reader the impression that the estate agent always is obliged to look into both parties interests, and in addition to that, follow good customs. The estate agent´s main obligations are directed in the legislation, but all the obligations can be restricted or increased depending on what follows from good customs.The estate agent is in general compensated by commission only when a property is sold. It is therefore in the estate agent’s own interest to sell the property for as much as possible. In situations concerning the price it is acceptable by good custom that the estate agent, only has to look into the vendor’s best interest, and therefore the estate agent also gets his own interests fulfilled. The professional acting by the estate agent can be doubted as he has the opportunity to receive a bigger compensation by influencing the price, since the estate agent can withhold or leave incorrect information to the purchaser, which can conduct the price to decrease. For example the estate agent can in the bidding situation present feign bids or act like there is more prospective buyers for the property than there really is. Thus the prospective buyers, which really are interested in buying the property, become more demanded to raise their bids.Since there is no requirements that demand the estate agent to present information for the purchaser about how the bidding has proceeded it is difficult to prove that the estate agent has acted against good customs. The risk to be discovered is almost non-existent and instead it is the estate agent’s own conscience and professionalism that decides how he choose to act. To present feign bids and incorrect information is obviously not appropriate by good customs and it is therefore important that those estate agents which act against good customs are punished.The estate agents are expected to put both parties interests first, at the same time as their compensation depend on the purchase price, this put high demands on the estate agent’s acting. By the wordings of the regulation in fastighetsmäklarlagen, it is not possible to make the conclusion that the estate agent does not have to take the purchaser’s interest into con-sideration in situations concerning the price. It has to be more obvious that the estate agent’s duty to take both parties interests into consideration is depending on good customs, since fastighetsmäklarlagen is a legislation that promotes consumers. Consumers shall not be confused by unclear references and expressions.The estate agent should continue to fulfil both parties interest; otherwise it would be necessary for the purchaser to engage his own agent, who can fulfil his interests. Since it is the vendor alone that compensates the estate agent, it is justified that the estate agent only takes the vendor’s interests into consideration, in questions concerning the price.
Bibliographical Information:

Advisor:

School:Högskolan i Jönköping

School Location:Sweden

Source Type:Master's Thesis

Keywords:estate agent real law

ISBN:

Date of Publication:06/09/2006

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