Disclosure that agent is buyer/tenant agent.
(a) Listed property. A buyer/tenant agent must disclose that he/she represents the buyer/tenant to the seller/landlord agent at first contact and provide written confirmation of the disclosure to the seller/landlord no later than execution of any purchase or lease agreement. SOP 16-10.
(b) Unlisted property. When acting as a buyer's agent, agents shall disclose that relationship to the seller/landlord at first contact and shall provide written confirmation of such disclosure not later than execution of any purchase or lease agreement. Any requests for anticipated compensation from the seller/landlord must be made at first contact. SOP 16-
11.
(2) Nature of buyer/tenant representation agreement and expiration date. If the buyer's
agent …show more content…
SOP 16-5.
C. Agency - Disclosure that agent is seller/landlord agent.
(1) Unlisted property. When advertising unlisted property for sale/lease in which the REALTOR has ownership interest, the REALTOR must disclose their status as owners/landlords as a
REALTOR or real estate licensee. SOP 12-6.
(2) Family members or other interest. REALTORS must not acquire an interest in or by or present offers from themselves, any member of their families, their firms or any member thereof, or any entities in which they have an ownership interest without making their position known to the owner or owner’s agent. REALTORS must reveal their ownership interest in writing to the purchaser or purchaser’s representative. Article 4. For the protection of all parties, these disclosures must be in writing and provided by the REALTOR prior to the signing of any contract.
SOP 4-1.
D. Client Confidentiality. Both during and after termination of the agency relationship, REALTORS must not reveal or use confidential information about the client to the client’s disadvantage.
REALTORS must have the client’s consent (after full disclosure) to use confidential information
(a) Listed property. A buyer/tenant agent must disclose that he/she represents the buyer/tenant to the seller/landlord agent at first contact and provide written confirmation of the disclosure to the seller/landlord no later than execution of any purchase or lease agreement. SOP 16-10.
(b) Unlisted property. When acting as a buyer's agent, agents shall disclose that relationship to the seller/landlord at first contact and shall provide written confirmation of such disclosure not later than execution of any purchase or lease agreement. Any requests for anticipated compensation from the seller/landlord must be made at first contact. SOP 16-
11.
(2) Nature of buyer/tenant representation agreement and expiration date. If the buyer's
agent …show more content…
SOP 16-5.
C. Agency - Disclosure that agent is seller/landlord agent.
(1) Unlisted property. When advertising unlisted property for sale/lease in which the REALTOR has ownership interest, the REALTOR must disclose their status as owners/landlords as a
REALTOR or real estate licensee. SOP 12-6.
(2) Family members or other interest. REALTORS must not acquire an interest in or by or present offers from themselves, any member of their families, their firms or any member thereof, or any entities in which they have an ownership interest without making their position known to the owner or owner’s agent. REALTORS must reveal their ownership interest in writing to the purchaser or purchaser’s representative. Article 4. For the protection of all parties, these disclosures must be in writing and provided by the REALTOR prior to the signing of any contract.
SOP 4-1.
D. Client Confidentiality. Both during and after termination of the agency relationship, REALTORS must not reveal or use confidential information about the client to the client’s disadvantage.
REALTORS must have the client’s consent (after full disclosure) to use confidential information