Agency relationship: Traditionally, the
Real Estate Broker provides a conventional
full-service, commission-based brokerage relationship under a
signed listing agreement with a seller or "buyer representation" agreement
with a buyer, thus creating under common law in most states an agency
relationship with fiduciary obligations. The seller or buyer is then a
client of the broker. Some states also have statutes which define and
control the nature of the representation.
Agency relationships in residential real estate transactions involve the
legal representation by a real estate broker (on behalf of a real estate
company) of the principal, whether that person or persons is a buyer or a
seller. The broker (and his/her licensed real estate agents) then becomes
the agent of the principal.
Non-agency relationship: where no written agreement nor fiduciary
relationship exists, a real estate broker (and his agents) works with a
principal who is then known as the broker’s customer. When a buyer, who
has not entered into a Buyer Agency agreement with the broker and buys a
property, then that broker functions as the sub-agent of the seller’s
broker. When a seller chooses to work with a transaction broker, there is
no agency relationship created.
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Colliers International Inc
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Brooks Pedder
360 Campus Ln # 101, Fairfield, CA 707 863-0188
Distinctive Properties
Linda Green
241 Main St, Rio Vista, CA 707 374-3900
Richards Real Estate
Peg Richards
187 Main St, Rio Vista, CA 707 374-6491
Rio Vista Real Estate
Jerry L Rubier
113 Main St, Rio Vista, CA 707 374-6760
Waldie & Assoc
Julie Waldie
111 Sacramento St, Rio Vista, CA 707 374-6683
Wood Real Estate
Cheryl Wood
30 S 2nd St, Rio Vista, CA 707 374-3456 |
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Real Estate
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