agency in real estate: What you don't know about "Agency Relationships"...
- 11/11/14 07:45 PM
After reading comments that licensed agents make, it is easy to conclude that most have no clue about "Agency Relationships". Understanding agent duties and boundaries does not need to be elusive. Here are some basics: 1. Agency relationships are not created by a simple phone call. They are also not created just because you show a house or someone walks into your open house. It is also not an automatic "agency relationship" just because you show a buyer 20 homes or have a pocket listing. 2. Agency relationships are established in writing (yes, it could be verbal...cough cough) The written agreement spells
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