Sentences with phrase «sole agent for the seller»
The ATF considered designated agency to be a positive alternative to in - house dual agency when there is a licensee acting as sole agent for the seller, another licensee engaged by the same brokerage who is acting as sole agent for a buyer, and the buyer becomes interested in the property offered for sale by the seller.
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You'll want different characteristics in an agent who specializes in sole representation of sellers, for example, over an agent who works as an exclusive buyer's agent.
Once the new Rules come in to place on June 15, 2018, can I stop acting as a designated agent for the team's seller client, and begin acting for the buyer as his sole designated agent?
For example, a brokerage or a designated agent may act as a sole agent on behalf of one party (e.g. a seller) while treating the other party (e.g. the buyer) as a customer.