For how long must a broker keep written disclosures of brokerage relationships on file?
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The Brokerage Relationships course will provide an overview to the types of relationships available in real estate brokerage in Massachusetts. This Continuing Education module is not intended to be a comprehensive study on the practice of agency. All brokers and salespeople are encouraged to take a full module on agency in conjunction with this course to further enhance their knowledge and professional practice. Required Handouts
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What are the brokerage relationships in Florida?Answer: There are two forms of representation available under a Broker license held by a real estate professional according to Florida law: the Single Agent and the Transaction Broker. These two relationships entitle the buyer or seller to different upheld duties by the real estate professional.
Which type of brokerage relationship is prohibited for residential sales in Florida?In dual agency relationships, the Realtor acts as the seller and buyer's agent. Florida prohibits dual agency because it is impossible for a real estate broker to act in the best interests of both a seller and buyer at the same time.
What authorized brokerage relationship is presumed in Florida unless specified in writing otherwise?(b) Presumption of transaction brokerage. —It shall be presumed that all licensees are operating as transaction brokers unless a single agent or no brokerage relationship is established, in writing, with a customer.
What does no brokerage relationship mean in Florida real estate?No Brokerage relationship is a term when the seller or the buyer choose not to represent to the broker. A broker working on the no brokerage relationship can enter a listing agreement and get paid by both the parties seller and buyer.
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