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An Agent Visual Inspection Disclosure (AVID) is a requirement set by the National Association of Realtors (NAR) to help protect both buyers and sellers in a real estate transaction. It is performed by both the real estate agent representing the seller (listing agent) and the real estate agent representing the buyer (the selling agent). Here's a brief overview of what an AVID entail and how it is typically conducted and documented:

1. **Purpose of AVID**: The AVID is designed to provide a basic visual inspection of the property and disclose any readily observable issues or defects to potential buyers. It aims to promote transparency and reduce the risk of disputes or legal issues arising after the sale.

2. **Scope of Inspection**: The AVID is not a substitute for a professional home inspection, which is more comprehensive and thorough. Instead, it involves a visual examination of the property's readily accessible areas. This may include the exterior, interior, and key structural components that can be seen without invasive measures.

3. **Documentation**: To perform an AVID, the listing agent typically fills out a standardized form provided by the local real estate association or board. This form includes sections where the agent can note any observable issues or conditions that could be of concern to potential buyers. Common items to document might include visible water damage, structural issues, signs of pest infestation, or other obvious defects.

4. **Limitations**: It's important to note that the AVID does not replace a professional inspection by a licensed home inspector. Buyers are encouraged to obtain their own independent home inspection to uncover any hidden or non-obvious issues with the property.

5. **Disclosure to Buyers**: Once the AVID is completed, it is typically provided to potential buyers as part of the property disclosure package. This allows buyers to review the information and make an informed decision about whether they want to proceed with the purchase.

6. **Legal Implications**: Failure to disclose known issues on the AVID can have legal consequences. It's crucial for the listing and selling agents to be honest and thorough in their observations and to disclose any known defects.

Keep in mind that specific requirements and procedures for AVID may vary by location and may be subject to updates and changes by local real estate associations or regulatory bodies. Therefore, it's essential for real estate professionals to stay informed about the latest guidelines and requirements in their respective areas. Buyers are also encouraged to engage a qualified home inspector to conduct a more detailed examination of the property before finalizing a purchase. For more information regarding this very important topic consult with your broker, or your legal counsel.


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