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FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Authorized Relationships, Duties, And Disclosure

Section 26 of 31

We learned earlier that Dual Agency (representing both buyer and seller as a fiduciary) is illegal in Florida residential transactions because you can't be loyal to two opposing sides. But what if the "buyer" and "seller" are two giant corporations, like Walmart and Target, buying a shopping mall?In these high-stakes commercial deals, the parties often demand their own dedicated representation. They don't want a neutral referee (Transaction Broker); they want a shark (Single Agent) fighting for them. To solve this, Florida created a special exception called the Designated Sales Associate.In this unique scenario, the Broker acts as a neutral "adviser," but they "designate" (assign) one sales associate to act as a Single Agent for the Buyer and a different sales associate to act as a Single Agent for the Seller. This allows both parties to have their own fiduciary advocate under the same brokerage roof.
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