The form of representation chosen by a buyer or seller binds the entire brokerage company and not just an agent/licensee working in the company. A buyer who wants a single agent representation links all brokerage to a single agent relationship. Florida does not allow a duale agency, so if it is a home listed by the same company, the individual agent should back down with your consent to be a transaction broker. There is a specific disclosure from the Agency that allows a single agency with the agreement that the agent can return to the status of the transactionbroker if there is an internal list you want to buy. We see this as a form of watered-down representation. There are other options. List agreements are legally binding contracts between you and the real estate agent. Many of these real estate professionals will be forcefully signed into a contract, but remember that they are NOT LAWYERS AND THEY are NOT CONTRACTING WITH YOU FOR BEST INTERESTs, BUT FOR YOUR OWN SALES REVENUE GOAL. This form is available for use with any florida Realtors Listing or Florida Realtors exclusive agreement on the rental agreement. It can be used to expand the offer or terminate the offer before the termination date.
For example, sellers may work hard to find their own buyer for their apartment in Miami or Fort Lauderdale, just to find that, as part of the listing agreement, the realtor can still pay the money under the contract, although no real estate agent who worked for that brokerage company did one thing to find that buyer. Transaction brokers can cooperate with the seller and buyer in a transaction. Restricted representation allows a licensee to facilitate a real estate transaction that helps both parties, unless the Agency works to the detriment of the other party. The buyer and seller are not responsible for the licensee`s actions and renounce their undivided right of loyalty on the part of the licensee. Florida does not allow the “double agency.” For this reason, the perception of working with the listing agent is somehow a good way to get a “good deal” is at best a bad choice and a bad choice. The Multiple Listing Service (MLS) is a real estate tool used across the country to market and sell real estate.