3 Hours CE Law
3 Hours PLE Mandatory – Agency
A real estate professional can represent a client as an agent, but in addition to the parties’ assumptions and expectations, the real estate professional acts as a fiduciary and is subject to a wide range of legal and ethical requirements designed to protect the seller, the buyer, and the transaction itself. There are other agency relationships in the real estate business, including that of sales associate to the employing broker. We will look at the possible agency relationships in a real estate transaction, as well as other types of relationships that can be established.