Miller: From the consumer's perspective, buyer agency isn't working well in most parts of the country, including Colorado, where the market is dominated
by nonagency transaction brokers.
Not exact matches
Also called a «facilitator» or «statutory broker» in some states, these terms refer to real estate professionals who enter into a
nonagency relationship with their clients that is governed
by statutorily - defined duties.
Taking advantage of changing state laws, he realized back in 1995 that
by entering into an exclusive
nonagency agreement with FSBOs, he could offer them access to the MLS without representing them in any way.
A multiple listing service is defined as a facility for the orderly correlation and dissemination of listing information among Participants so that they may better serve their clients and customers and the public; is a means
by which authorized Participants make blanket unilateral offers of compensation to other Participants (acting as subagents, buyer agents, or in other agency or
nonagency capacities defined
by law); is a means
by which information is accumulated and disseminated to enable authorized Participants to prepare appraisals and other valuations of real property; and is a means
by which Participants engaging in real estate appraisal contribute to common databases.