Wednesday, December 9, 2015 / by Lela Ashkarian
The Company policy is to enter into a Single Agency Relationship with all Buyers looking at properties listed with other companies. Formalization of the Singe Agency Relationship forms the basis for an Exclusive Buyer Broker Agreement between the Buyer and The Company, which completes our contractual package with the buyer. To allow The Company Agents to transition to Transaction Brokers in the event of an “in house transaction” wherein The Company Agents assist both the Buyer and the Seller we ask that our clients also sign the Consent to Transition to Transaction Broker form. Agents transitioning from Single Agency must disclose to the Buyer and Seller that they are acting as a Transaction Broker at the time their role changes.
Lela Ashkarian, PA, CRS, GRI, e-PRO
Coldwell Banker Schmitt