Understanding the Legalities and Creation of Real Estate Agency

My newest post at Medium.com is detailed and includes video:

Now for more detail:

Agency of representation can be formed through either a spoken or written arrangement between the principal and the agent. Such a relationship indicates their express intentions regarding this representative status.

In the field of real estate, an agency relationship is typically established through a written agreement between the seller and the agent or between the buyer and the agent. While certain states may allow for verbal agreements, this is not a common practice.....{Read the entire post here}