WebAug 25, 2024 · They run an agency and have agents working under them as salespeople. They might own a real estate brokerage or manage a franchise operation. They must … WebWhen a real estate professional works on behalf of only one client in a transaction – the buyer or the seller – they have legal responsibilities, which include: undivided loyalty to …

Should You Buy With the Listing Agent? the BREL team

WebJul 11, 2024 · In a real property transaction, “buyer” means a transferee or lessee, and “seller” means the transferor or lessor. (Section 475.2755, Florida Statutes) The Designated Sales Associate law does not apply to residential sales, as defined in 475.278. Now, it’s also possible that the interested buyer for your house is represented by an agent from the same firm as your agent. Maybe by happenstance, or maybe because your listing agent put a call out to the buyer’s agents in her network about your house, and someone from her own firm had a buyer in mind. See more “Agents can act as a dual agent. But you need to have the consent of both parties in writing beforehand, and the agent has to become a neutral party representing both clients,” says Mikel … See more When there’s only one agent, the sale process can be streamlined. You don’t need to wait for your agent to contact the buyer’s agent, who … See more When your listing agent has a buyer client who’s dying to buy your home, the simplest solution is for your agent to hand that buyer off to another agent. In some cases, it’s likely that … See more raymund siao

Florida’s Dirty Little Secret: Transactional Brokerage Leaves Consumers ...

WebMay 17, 2024 · A Realtor can be a real estate agent, a broker-associate, a managing broker, or an exclusive buyer's agent, and this is just the beginning of the list. ... Put the … WebMar 21, 2016 · In Ontario, it’s legal for an agent to work for both the Buyer and the Seller. It’s called Multiple Representation and it’s complicated. When an agent works for both the Buyer AND the Seller, they are acting as mediators and have certain obligations: Confirm in writing that all parties understand and consent to the agent representing both parties WebJun 5, 2024 · “The best way to describe a transactional Realtor® is one who neither represents the seller nor the buyer but facilitates the … raymund sison