SINGLE AGENT (OUR AGENCY)

A SINGLE AGENT BUYER BROKER OWES TO YOU:

• Dealing honestly and fairly;
• Loyalty;
• Confidentiality;
• Obedience;
• Full Disclosure;
• Accounting for all funds;
• Skill, care, and diligence in the transaction;
• Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing; and
• Disclosing all known facts that materially affect the value of the residential real property and are not readily observable.

NO BROKERAGE RELATIONSHIP

Owe you the following duties:

• Dealing honestly and fairly;
• Disclosing all known facts that materially affect the value of residential real property which are not readily observable to the buyer.
• Accounting for all funds entrusted to the licensee.

BROKER'S OBLIGATIONS

Broker Assistance. Broker will:

• Use Broker's professional knowledge and skills;
• Assist Buyer in determining Buyer's financial capability and financing options;
• Discuss property requirements and assist Buyer in locating and viewing suitable properties;
• Assist Buyer to contract for property, monitor deadlines and close any resulting transaction;
• Cooperate with real estate licensees working with the seller, if any, to affect a transaction. Buyer understands that even if Broker is compensated by a seller or a real estate licensee who is working with a seller, such compensation does not compromise Broker's duties to Buyer.

TRANSACTION BROKER

Provides limited representation that includes:

• Dealing honestly and fairly;
• Accounting for all funds;
• Using skill, care, and diligence in the transaction;
• Disclosing all known fact that materially affect the value of residential real property and are not readily observable to the buyer;
• Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing;
• Limited confidentiality, unless waived in writing by a party. this limited confidentiality will prevent disclosure that the seller will accept a price less than the asking or listed price, that the buyer will pay a price greater than the price submitted in a written offer, of the motivation of any party for selling or buying property, that a seller or buyer will agree to financing terms other than those offered, or any other information requested by a party to remain confidential; and
• Any additional duties that are entered into by this or by separate written agreement. Limited representation means that a buyer or seller is not responsible for the acts of the licensee. Additionally, parties are giving up their rights to the undivided loyalty of the licensee. this aspect of limited representation allows a licensee to facilitate a real estate transaction by assisting both the buyer and the seller, but a licensee will not work to represent one party to the detriment of the other party when acting as a transaction broker to both parties.