We will have virtual
Open Houses periodically
throughout the days ahead.
To see scheduled open houses,
be it virtual or in person you'll
see the Open House link
lit up in blue.
If you currently have an agent,
schedule your physical showings
24 hrs in advance, 10:00 AM
to 7:00 PM. Or have your
agent come with you to
one of the open houses.
No showings on
Sunday.
We are licensed for one
reason and one reason
only, to protect the public.
For this reason there are
different types of agency
relationships.
Here are the agency
relationship types
a Realtor might
be involved with, ask
your agent to explain
in detail each agency
relationship type.
Seller's Agent
If an agent is selling someone's
home they have to explain
seller agency relationship,
explaining their duties
to the seller. If you show up
while there is an open
house, you do not
need to sign
anything, but you need
to understand that
the agent there represent
the seller.
Have a licensed agent
explain this type of agency
Buyer's Agent
If an agent is showing you homes
in the market place they have
to explain their agency
relationship and agreement.
There have been some
changes in federal law
8-17-2024
This new law was needed
for protecting the public.
An agent must represent
and warrant that he or
she is in compliance
with MLS Rules as
well as all State and
Federal Laws governing
the showing of properties.
An agent also represent
and warrant that you are
required to have a
buyer broker agreement
in place prior to showing
properties, if you
are being represented.
Said agreement
has been or will be
executed prior to any
showing appointment.
If you want to view this
home alone, unrepresented
you can do so. You
always have the option
of seeking agency
through out the whole
buying process.
Remember, at all open
houses, the agent
holding the open house
represents the seller, unless
limited agency is confirmed.
Have a licensed agent
explain this type of agency
Limited Agent
This is when an agent has an
agency relationship with both
the buyer and seller at the
same time. An agent can not do
or say anything that will be
detrimental to either side.
This relationship can be
explained and how
an agent is being paid.
Have a licensed agent
explain this type of agency
Unrepresented
Buyer Disclosure
This disclosure form
is not a contract.
It just gives clarity that
you are being unrepresented.
But you can be
represented later
on in the process.
Either with the listing agent
or the buyers agent.
Should an agent enter into an
agency relationship, each of
the agency types will need
to be explained so you as
a buyer and seller can make
rational decisions in real estate.
Real estate agent's and
brokers are licensed to
protect the public.
This is why, by
federal law, you need
to understand the
different types of
agency relationships
Trust Through Transparency
is key when dealing with
agency and real estate. All
agent's are trained in all
areas of real estate to
protect the public.
Connect with a licensed
agent today!