Who Represents Whom? Agency Uncloaked

Overview

Who represents whom? No matter in which state you are licensed, your clients want to know who represents whom in their real estate transaction.

This course explains how real estate professionals assist people in their real estate transactions-working for people while representing them. In other words, it explores the question, "Who represents whom?" and what are the rules of that representation.

Whether you are new to the real estate industry or a seasoned veteran, this course will provide you with a solid bedrock of agency skills upon which to build your own real estate career. As you build the quality and quantity of your representation skills, your business will grow and you will always know the answer to "Who represents whom?" in a transaction.

Learning Objectives

Upon completion, students will be able to:

  • identify the client and customer in any type of real estate transaction
  • summarize the fiduciary duties owed to principals (clients)
  • illustrate the ministerial and statutory duties owed to customers
  • discuss the disclosures that must be made regarding agency relationships, including the timing of those disclosures
  • recognize various states' models of statutory agency relationships and how they are applied in a typical real estate transaction

Designed For

Real estate professionals at all levels in their careers
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