BUYER'S AGENT Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective buyer or a tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s ...
A dual agent acts as both the buyer’s and the seller’s agent in a real estate transaction. This is often frowned upon because it can create a conflict of interest when the buyer and seller don’t have separate representation. In some states, dual agency is illegal. Real Estate Agent ...
Karen Highland points out in herblog, Frederick R.E. Online, that agents can’t be a dual agent to buyer and seller. Like Maryland, Colorado doesn’t offer dual agency. The problem for a real estate professional is, “how can an agent “represent” the best interest of a buyer AND a...
real estate agent- a person who is authorized to act as an agent for the sale of land; "in England they call a real estate agent a land agent" estate agent,house agent,land agent,real estate broker broker,factor,agent- a businessman who buys or sells for another in exchange for a co...
Buyer’s Agency, however, may be an option to protect your interests. Simply put, it allows the buyer’s agent to beyourrepresentative and to put your interests above all others. If a Buyer Agency agreement is struck between you and the agent, it isyou, rather than the seller, who has...
Discover that the agency in real estate is the relationship between agent and buyer. Find out the types of agents, agency relationships, and...
Dual Agency It is always important to clarify with a real estate agent who they represent – because it may not be you or just you. In the case of dual agency, an agent will take over the buyer’s and seller’s agent’s agent, serving both the buyer and seller in a real estate tr...
Dual agency, in which one person represents both the buyer and seller in a real estate transaction, is illegal in eight states: Alaska, Colorado, Florida, Kansas, Maryland, Texas, Vermont, and Wyoming. Real Estate Agent Compensation Traditionally, agents were paid a percentage of the property’...
Dual agency, in which one person represents both the buyer and seller in a real estate transaction, is illegal in eight states: Alaska, Colorado, Florida, Kansas, Maryland, Texas, Vermont, and Wyoming. Real Estate Agent Compensation Traditionally, agents were paid a percentage of the property’...
This innovative invention will enable an online electronic database for all buyers in the real estate market holding or engaged in exclusive buyer/agency relationship with real estate firms/brokers. At this website, real estate agents/brokers will be able to input new buyer information and ...