Why It Is Important for Real Estate Agents to Disclose Flood Risks to Home Buyers

08/03/23

“Why is it important for real estate agents to disclose flood risks to home buyers?”

When buying a home it is necessary to know all of the risks associated with a specific location, including flood risk. If your house is in a flood-prone area, then you will have the risk of it getting damaged or even destroyed by inundation at any time. By knowing what you’re up against, you can stray away from the moving into site or invest in flood resilience capacity. In some places (such as California), a real estate agent is legally obligated to disclose to a potential seller that a home is in a flood-risk area. Withholding this information from a home buyer is not only unethical but can also cost them their lives. This is Why It Is Important for Real Estate Agents to Disclose Flood Risks to Home Buyers.