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11 Cards in this Set
- Front
- Back
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Single agency |
When an agent represents only the buyer OR the seller |
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Dual Agency |
When an agent represents both the buyer and the seller |
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Principle |
Principle is the buyer or seller |
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Agent |
The broker
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Third party |
the customer |
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Listing Agent |
a broker who obtains a listing from a seller to act as an agent for compensation. |
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Listing |
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What does MLS Stand for? |
Multiple Listing Service |
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Subagent |
a broker delegated by the listing agent who represents the seller in finding a buyer for the listed property |
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Buyers agent |
a broker employed by the buyer to locate a property |
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What are the steps in the disclosure process? |
Disclose - Elect - Confirm |
