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  • Understanding Whom Real Estate Agents Represent 2011doc

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STATE OF MARYLAND REAL ESTATE COMMISSION Understanding Whom Real Estate Agents Represent At the Time of the First Scheduled Face to Face Contact with You, the Real Estate Licensee Who is Assisting.

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How to fill out the Understanding Whom Real Estate Agents Represent 2011doc online

This guide provides clear instructions for filling out the Understanding Whom Real Estate Agents Represent 2011doc online. Whether you are a buyer or seller in the real estate market, understanding this form will help in clarifying the roles and obligations of real estate agents involved in the transaction.

Follow the steps to complete the form accurately and efficiently.

  1. Click the ‘Get Form’ button to access the document and open it in your online editing interface.
  2. Begin by reviewing the introduction section, which outlines the purpose of the document and informs you that it is not a contract. Familiarize yourself with the definitions provided for 'seller' and 'buyer'.
  3. Proceed to the section that describes agents who represent the seller. Identify the roles of the seller's agent and cooperating agent. This information will help you understand the obligations of agents toward the seller during your transaction.
  4. Next, examine the explanation of agents who represent the buyer. Make note of the difference between a presumed buyer’s agent (without a written agreement) and a buyer's agent (with a written agreement). Understanding these distinctions is critical for your rights as a buyer.
  5. Read about dual agency and the conditions under which it applies. Ensure that you understand the implications of choosing an intra-company agent and the potential conflicts of interest that may arise.
  6. Review the rights and responsibilities section. This portion emphasizes the obligations of real estate agents, including honesty, fairness, and the necessity of disclosing material facts. Be sure you are aware of your right to legal and tax counsel.
  7. Fill in the acknowledgement section at the bottom of the form. Indicate the firm name and salesperson's name, and check the relevant boxes that represent the agency relationships applicable to you.
  8. Sign and date the form in the designated areas. If applicable, fill out the certification of disclosure section and provide the names of individuals to whom the disclosure was made.
  9. Once you have completed the form, save your changes. You may then download, print, or share the form as needed.

Complete your forms online to ensure you understand the roles of all parties involved in your real estate transaction.

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Dual Agents in Maryland Both the buyers and sellers must agree to Dual Agency by signing the “Consent for Dual Agency” disclosure. A buyer may still have a buyer's agent if the buyer would like to be represented. The seller's can still have a seller's agent.

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.

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.

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.

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.

Being "represented" by a Realtor means that you have an experienced advocate who puts themselves in your shoes. They will listen intently to you and analyze your situation. They want as much information about you as possible. Good Realtors are competitive.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232