Get MD REC Understanding Whom Real Estate Agents Represent 2016-2023

One who is authorized by a principal to perform a specified single act on behalf of a principal. Usually a real estate broker. Also known as a limited agent. Transaction Licensee. a nonagent who provides only customer-level service for either or both the buyer/tenant and seller/landlord in the transaction.

That means that the Buyer's Agent may assist the Seller who is not represented in selling the property, or deal with the Seller's Agent, but the Buyer's Agent's primary duty is to protect and promote the interests of the Buyer.

There are primarily two ways a real estate agent in Maryland can represent one side of the transaction. An agent can represent the seller or the buyer. A Maryland real estate agent cannot represent both.

A client has a contractual relationship with an agent, and an agent represents a client in a legal transaction. There is no agency agreement between a customer and a salesperson or broker. A customer becomes a client when a relationship is documented in an agreement.

A listing agent, also commonly referred to as a seller's agent, represents the seller in a real estate sale — they literally list the house on the market.

One who acts on behalf of another in a business transaction. Works under another agent with the principal's permission to perform some of the acts of agency. Agents are also sub agents of their broker. Represents both the buyer and seller in the same transaction.

An agent represents a client, and that mans that agent always works for the client's best interest in any deal that the agent negotiates on behalf of the client.

The short answer is that yes, you are allowed to represent yourself and you don't need to hire another real estate agent.