A
seller can engage the services of a real estate agent
to sell his property (called the listing agent) and the
real estate agent is then the agent for the
seller who becomes the agent's client.
This means that the real estate agent
represents the seller. The agent owes the seller undivided loyalty, reasonable
care, disclosure, obedience to lawful instruction,confidentiality and accountability,
provided, however that the agent must disclose known material defects in the
real estate. The agent must put the seller's interests first and negotiate for
the best price and terms for their client, the seller.
(The seller may authorize
sub-agents to represent him/her in marketing its property to buyers, however,
the seller should be aware that wrongful action by the real estate agent or sub-agents
may subject the seller to legal liability for those wrongful actions).
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