Single Agent Vs Transaction Agent
Description
How to fill out Contract To Be Exclusive Agent Or Realtor For Buyer And To Charge Fixed Rate Of Commission In A Real Estate Transaction?
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FAQ
Hear this out loud PauseA single agent is a broker who represents either the buyer or the seller, but not both in the same transaction. While a transaction broker provides a limited form of representation to a buyer, seller, or both during a transaction, but does not represent either in a fiduciary capacity.
Share. Definition: the practice of representing either the buyer or the seller but not both in the same transaction. Pronunciation: Used in a Sentence: The broker worked as a single agent for the person who wanted to sell their house.
Hear this out loud PauseSellers Agent vs Transaction Broker Your agent is responsible for disclosing any adverse information regarding the property to potential buyers. On the other hand, a transaction broker assists you, the seller, and the buyer throughout the transaction.
Hear this out loud PauseThe real estate term "single agency" means that a broker or agent will represent the interests of either the seller or the buyer. They may act as either the listing agent or the buyer's agent, but not both. The agent will sit on only one side of the transaction.
Hear this out loud PauseDefinition: the practice of representing either the buyer or the seller but not both in the same transaction. Pronunciation: Used in a Sentence: The broker worked as a single agent for the person who wanted to sell their house.