Arkansas Area Representative Agreement

State:
Multi-State
Control #:
US-2-04-STP
Format:
Word; 
Rich Text
Instant download

Description

This form appoints a person to act as a representative for the franchisor within a certain area.
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FAQ

Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as a dual agent in California only if the buyer and seller are both aware of and consent to the dual agency. Pros And Cons Of Using a Dual Agent to Help Buy a California Home | Nolo nolo.com ? legal-encyclopedia ? pros-and-c... nolo.com ? legal-encyclopedia ? pros-and-c...

Both Seller and Buyer must have given their written consent to such dual representation prior to or at the time of execution of any Agency Agreement, Listing Agreement, or Real Estate Contract.

Wyoming, Alaska, Vermont, Colorado, Florida, Maryland, Texas and Kansas ban or severely limit the practice of dual agency. Why Dual Agency Is Illegal In Some State | Rocket Homes rockethomes.com ? blog ? home-buying ? d... rockethomes.com ? blog ? home-buying ? d...

This typically occurs when a single real estate firm is representing both the seller and the buyer in the same transaction. In this situation, the agents in the transaction represent both parties equally, but in a limited capacity. As a general rule, dual agents stick to talking about the property, not the people.

The Arkansas Realtors® Association develops the real estate forms most commonly used in real estate transactions in our state. These forms allow the parties to provide their consent to dual agency on both the seller's listing agreement and the buyer representation agreement. AGENCY REPRESENTATION - Arkansas Real Estate ... Arkansas Real Estate Commission (.gov) ? News Arkansas Real Estate Commission (.gov) ? News

A licensee is representing the seller solely in a real estate transaction.

A seller representation agreement, also known as a listing agreement, is an agreement between a seller of real estate and a brokerage firm that provides detailed information on the property being sold. It forms the foundation of negotiations between the seller and the buyer through an agent.

Agency roles (and the laws surrounding them), vary from state to state. Dual agency in California is legal when it is properly disclosed, both parties consent to the arrangement, and the agent(s) don't disclose confidential information to the other party. In some other states it is not legal under any circumstances. Dual Agency and the Pros and Cons of Just Using the Listing Agent marclyman.com ? dual-agency-california marclyman.com ? dual-agency-california

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Arkansas Area Representative Agreement