Sentences with phrase «licensee working with a buyer»

A few states have even made buyer agency a default position, requiring that a licensee working with a buyer automatically represent the buyer.

Not exact matches

His team includes administrative assistants to handle accounting and to track receivables, field inspectors to conduct spot checks of properties, asset managers to work with sellers and vendors working on property repairs, and licensees to work with buyers.

Regarding staffing, an accounting specialist is indispensable, Pareja says, and you need at a minimum a licensee who can work with buyers, conduct valuations, and make recommendations on property needs.

In the second case, the court determined that the licensee, who was working with the sellers, did not establish an undisclosed agency relationship with the buyers of the property.

This requirement is also the same with buyer clients who want to maintain their working relationship with a licensee who decides to move to a new brokerage; those agreements are also between the client and brokerage.

If the seller is working with a licensee: Once the form has been provided to the seller by the seller's licensee, the seller's licensee must provide a copy (preferably one that has been signed by the seller) of the form to the buyer's licensee, and the managing broker for the seller's licensee.

Every real estate licensee is required to disclose his or her agency status in a real estate transaction to any buyer or seller who is not represented by an agent and with whom the licensee is working directly in the transaction.

Seller understands that a licensed real estate broker or salesperson («licensee») working with a buyer may represent that buyer, and may be required to disclose to the buyer any information given to him by Seller.

If operating under brokerage agency, this conflict exists either when two different licensees engaged by the listing brokerage work with the seller and the buyer respectively, or when one licensee (or a team of licensees) engaged by the listing brokerage to act on behalf of the seller / landlord is the same licensee (or team of licensees) who brings the buyer / tenant to the trade, i.e. a double - ender).

A licensee should not simply assume that an agency relationship must be created, but should carefully consider the nature of the relationship they wish to establish prior to explaining the Working With a REALTOR ® brochure to a buyer / tenant or a seller / landlord.

Limited Dual Agency: You, Your Seller and the Unrepresented Buyer Here is a scenario that may present itself to trading services licensees: You are the listing agent helping a couple sell their home, and over the past few weeks you've developed a good working relationship with them.