WebNov 1, 2003 · Section 1101.561 of the Real Estate License Act provides that if the broker will represent both the buyer and the seller in the transaction, the broker must act as an … WebJul 8, 2014 · One Real Estate Agent For Both Buyer and Seller. Whenever a real estate agent is representing both a seller and a buyer in a real estate transaction, all sorts of conflicts of loyalty and duty arise. After all, the buyer wants to get the property for as low a price as he can while the seller wants to sell for the highest sales price offered.
Pros And Cons Of Using a Dual Agent to Help Buy a California …
WebJul 11, 2024 · Designated Sales Associate law. A single sales associate can act as an agent for both the buyer and the seller in a commercial transaction, as long as the buyer and seller each have assets of $1 million or more and have signed the required disclosures. (Sections 475.278 (5) (a) and 475.2755, Florida Statutes) WebThere is no one Stephen would trust more to work with his buying clients. You can reach her direct at: 503-773-0000. ... Brokers have a passion … cinema in tunbridge wells
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WebMay 3, 2024 · Called a “dual agency,” the agent represents both you and the other party (buyer and seller) and is supposed to remain neutral to both parties’ interests. Because … WebMay 28, 2024 · Most frequently, we see real estate agents refer the buyers to a different broker or salesperson. This way, the buyers have a broker or salesperson looking out for the buyer, and the owner of the ... WebApr 4, 1997 · If the interests of the buyer and seller of residential property are generally aligned and the lawyer determines that he or she can manage the potential conflict of interest between the parties, a lawyer may represent both the buyer and the seller in closing a residential real estate transaction with the consent of the parties. Rule 5.1 (a). diabetic socks for foot pain