When a real estate Brokerage is acting as a “seller’s agent,” it must do what is best for the seller of a property.
A written contract, called a “Listing Agreement”, establishes seller agency. It also explains services the Brokerage will provide, establishes a fee arrangement for the REALTOR’S services and specifies what obligations a seller may have.
A seller’s agent must tell the seller anything known about a buyer. For instance, if a seller’s agent knows a buyer is willing to offer more for a property, that information must be shared with the seller.
Confidences a seller shares with a seller’s agent must be kept confidential from potential buyers and others.
Although confidential information about the seller cannot be discussed, a buyer working with a seller’s agent can expect fair and honest service from the seller’s agent and disclosure of pertinent information about the property.
- Saturday 12/16 10%ClearMainly clear. Low -20C.Tomorrow 12/17 0%Mostly CloudyPartly cloudy skies during the morning hours will become overcast in the afternoon. High -9C. Winds light and variable.Monday 12/18 30%Snow ShowersA few snow showers scattered about the area in the morning, otherwise a good deal of clouds. High 1C. Winds SSW at 10 to 15 km/h. Chance of snow 30%.Tuesday 12/19 60%SnowRain showers in the morning changing to snow showers in the afternoon. High 3C. Winds W at 15 to 30 km/h. Chance of precip 60%.