Neutrality

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The Real Estate Business
Law & Qualifications
License Law And Commission Rules
Authorized Relationships, Duties, And Disclosure
- Historical perspective of agency relationships
- Historical perspective 2
- Types of agency relationships in general business dealings
- Types of agency 2
- Types of agency 3
- Types of agency 4
- Types of agency 5
- Disclosure Requirements
- When You DON'T Need the Paperwork (Exemptions)
- No Paperwork 2
- Authorized Brokerage Relationships
- The 3 Duties You Owe a Customer (A.D.D.)
- The "No Brokerage" Notice
- Single agent relationship
- The Duties: The "VIP" Treatment
- The Paperwork: Timing is Everything
- Transaction broker relationship
- Limited Representation: The Middle Ground
- Neutrality
- Duties of a Transaction Broker
- The Special Rule: "Limited Confidentiality"
- Additional Duties
- Consent to Transition From Single Agent to Transaction Broker
- Changing the Relationship
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- Designated sales associate
- Non-Residential Transaction Limitations
- Record Keeping, Documentation, and Termination
- Documenting Brokerage Relationship Disclosure
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- Terminating Brokerage Relationships 2
- Chapter 5 Quiz 10 xp
Brokerage Offices and Branch Requirements
Violations Of License Law, Penalties And Procedures
Chapter 8
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Course Assessments

FLORIDA REAL ESTATE SALES ASSOCIATE COURSE

Authorized Relationships, Duties, And Disclosure

Section 19 of 31

Because you are not a fiduciary (you don't have that strict "undivided loyalty"), you are allowed to work with both the buyer and the seller in the same deal. This is impossible for a Single Agent (who can only pick one side). As a Transaction Broker, you stay neutral. You treat both sides honestly and fairly, you account for their money, and you use your skill to close the sale, but you do not advocate for one person over the other. You are the glue that holds the deal together, ensuring fairness for everyone involved without picking favorites.