Overview
This core course covers the relationships between agents and buyers in real estate transactions, detailing the four statutory relationships, their formation, changes, and the agent’s duties throughout the transaction. It fulfills the three-hour mandatory core course requirement for all Maine license types.
Learning Objectives
- Recognize when the solicitation period ends and the relationship begins
- Differentiate between a client and a customer in a real estate transaction
- Name the four relationships a licensee may have with a buyer
- Describe the licensee's responsibilities for the buyer depending on the licensee's role in the transaction
- Describe the limited responsibilities that an agent has in a disclosed dual agency relationship
- Discuss the disclosures that must be made regarding agency relationships, including the timing of those disclosure
Designed For
Maine real estate professionals in all stages of their career
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