WebDec 12, 2024 · By Meribeth Phipps. Your real estate agent has responsibilities to fulfill when the time draws near to signing on the dotted line at the closing meeting with the lender and escrow officer. The closing process can be very complex, with the possibility of mistakes or errors being made by either the lender or escrow officer. Web[14] The legal expectations of the real estate agent are quite high. In Ocean City Realty v A&M Holdings Ltd, (1987) Carswell BC 616, the British Columbia Court of Appeal found a realtor to have breached her fiduciary duties by failing to advise her purchaser client that she was kicking back a portion of her commission to the vendor in order to secure the sale.
Role of Real Estate Agents - FREE Legal Information Legal Line
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WebMay 16, 2024 · In real estate, a broker or a salesperson can be the agent of a seller or a buyer. Here's a list of the fiduciary duties that an agent owes her client: Accounting: The agent must account for all funds entrusted to her and not commingle (combine) client/customer funds with her personal and/or business funds. Care: The agent must use … WebReal Estate Agent responsibilities include: Providing guidance and assisting sellers and buyers in marketing and purchasing property for the right price under the... Determining clients’ needs and financials abilities to propose solutions that suit them Performing … Hiring templates. Hire faster with 1,000+ templates like job descriptions, interview … Leasing Consultant Interview Questions. Leasing consultants are responsible for … WebJan 4, 2024 · In the listing process, the duties of a real estate agent usually begin with a consultation visit at the home. The agent advises the prospective client on things that need done before the listing and showings begin. As explained by employment website Indeed, the real estate salesperson serves as an administrator, guiding the homeowner through ... birthing centers in dallas