Massachusetts Employment Application and Job Offer Package for a Realtor
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How to fill out Employment Application And Job Offer Package For A Realtor?
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FAQ
In Massachusetts Disclosed Dual Agency is legal, provided there exists full disclosure and written informed consent to the dual agency by both the Buyer and the Seller in a specific transaction. A Dual Agent has a duty of confidentiality and accounting to both parties.
Be at least 18 years old and have a valid social security number. Take the 40 hour Massachusetts real estate course either online or in person. Apply to take the real estate license test using your course completion certificate. Pass the 120 question Massachusetts real estate license test either online or in person.
What is the difference between subagency and dual agency? Subagents typically work for the seller's agent by finding buyers for a listing. Their fiduciary duty lies with the seller. Dual agents, on the other hand, work on behalf of the buyer and seller at the same time and have a fiduciary duty to both.
Dual agency occurs when an agent is representing both the buyer and the seller. Disclosure is of the utmost importance in cases of dual agency, as it is still the fiduciary duty of the agent to represent the interest of both clients. Dual agency is illegal in some states.
In other words, a dual agent represents both the buyer and seller in a real estate deal. Dual agency is illegal in the following eight states: Wyoming, Alaska, Vermont, Colorado, Flroida, Maryland, Texas, and Kansas. All the other states and the District of Columbia, permit dual agency.
We have found there are a number of qualities and traits that successful real estate professionals share. Knowledge is power. Build a network of connections. ... Understand the local housing market. ... Attention to detail. ... Engaging personality. ... Interest in houses and architecture. ... Hustle and tenacity. ... Honesty and integrity. ...
As of , the average annual pay for a Real Estate Agent in Massachusetts is $86,206 a year. Just in case you need a simple salary calculator, that works out to be approximately $41.45 an hour. This is the equivalent of $1,657/week or $7,183/month.
There are two main types of agency when it comes to real estate: single agency (where an agent/broker exclusively represents your interest), and dual agency (where either one agent represents both buyer and seller, or, one agent represents the seller and one represents the buyer but both agents are with the same ...