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Published byEthan Summers Modified over 9 years ago
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Real Estate Marketing and Sales Essentials Steps For Success Dan Hamilton
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Law of Agency and Alternative Representative Agreements Introduction:
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Simple agency rules Agency law is common law Disclose who you represent Give advice only to those you represent Law of Agency and Alternative Representative Agreements
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Duties brokers owe to clients: C – CARE O – OBEDIENCE L – LOYALTY A – ACCOUNTABLE N – NOTICE Law of Agency and Alternative Representative Agreements
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Office policies on agency relationships: Seller only Buyer only Seller only with buyer representation Buyer only with seller representation Intermediary Law of Agency and Alternative Representative Agreements
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Alternative Representative Agreements Dual Agency Nonagency Fee for Service Bonuses Transaction Fees Trade for Services Law of Agency and Alternative Representative Agreements
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Alternative Representative Agreements (con’t) Tote a Note Rebates Hourly fees Retainer fees Flat fees Law of Agency and Alternative Representative Agreements
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Summary: Law of Agency and Alternative Representative Agreements
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