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  2. The law of agency in a real estate transaction defines the legal relationship between real estate professionals and their clients. Each state has its own agency laws that set forth the duties that real estate professionals owe to their clients and what disclosures need to be made to the clients.

  3. What Does Agency Mean for Real Estate Agents? Agency is defined as the ability to take action or choose what action to take. To have agency in a situation means that you have the authority to undertake a variety of tasks for yourself or someone else to accomplish an objective.

  4. Mar 18, 2022 · What Is A Real Estate Agency? Simply put, real estate agencies are business organizations that assist people with real estate matters. These agencies generally represent either the buyer or the seller in terms of home sales transactions, and work as a collective group of licensed agents and/or brokers who operate in a given geographical area ...

  5. Mar 30, 2024 · A real estate agent is a licensed professional representing buyers or sellers in real estate transactions. A real estate agent usually works for commission, a set percentage...

  6. Mar 25, 2024 · Real estate agents are licensed individuals who help people buy, sell, and rent real estate. They are ultimately responsible for bringing buyers and sellers together and are paid...

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  7. Mar 18, 2022 · Homeowner Guide. Dual vs. Single Agency Relationships in Real Estate. By Elizabeth Weintraub. Updated on March 18, 2022. Reviewed by Andy Smith. Fact checked by David Rubin. In This Article. Single Agency. Dual Agency With Two Agents. Dual Agency With the Same Agent. Neutral Transaction Agents. Photo: Jupiterimages/Stockbyte/Getty Images.

  8. Real estate agent. A real estate agent is someone who has a professional license to help people buy, sell, or rent all sorts of housing and real estate. To get that license, states require ...

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