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.
- Tomorrow 10/19 40%Chance of RainPartly cloudy early followed by increasing clouds with showers developing later in the day. High 14C. Winds SW at 25 to 40 km/h. Chance of rain 40%.Saturday 10/20 40%Chance of RainRain showers early with some sunshine later in the day. High 8C. Winds WNW at 25 to 40 km/h. Chance of rain 40%.Sunday 10/21 0%Mostly CloudyA mix of clouds and sun early, then becoming cloudy later in the day. High 4C. Winds NW at 15 to 25 km/h.Monday 10/22 20%OvercastOvercast. A shower of rain or wet snow possible. High 7C. Winds SSW at 15 to 25 km/h.