Traditionally, most states relied upon the common law of
agency to define the scope of the
agency relationship, but in recent years some states have adopted the «
transactional brokerage model» where the
agency relationship is defined by statute.
TALLAHASSEE — A bill that would have created a presumption of a
transactional brokerage
relationship between salespeople and clients prior to their agreeing to an
agency relationship has died in the state Legislature.