Get Understanding Whom Real Estate Agents Represent 2011doc

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.

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.

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.

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 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.

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.

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.

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.