Equity Prime MortgageBlog

712 US highway One, Suite 300, North Palm Beach FL, 33408
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Real Estate Consultant Jupiter FL

7/9/2012 4:34:00 PM by Equity Prime Mortgage

Christian Penner has extensive sources for real estate brokers and/or real estate agents, who is a person who acts as an intermediary between sellers and buyers of real estate/real property and attempts to find sellers who wish to sell and buyers who wish to buy. Real estate brokers and their salespersons (commonly called "real estate agents" or, in some states,"brokers")[1] assist sellers in marketing their property and selling it for the highest possible price under the best terms. When acting as a buyer's agent they assist buyers by helping them purchase property for the lowest possible price under the best terms. The real estate broker "broker" is obligated to provide fiduciary duties to whomever that broker services as client, this agency relationship can become very confusing; if the broker is helping both the buyer and seller, this is called dual agency. Traditionally, the broker represents the seller, and has a fiduciary duty to the seller. If the broker suggests to the buyer that he will help them negotiate the best price, then it is said the broker is practicing undisclosed dual agency, which is unethical and illegal in all states[2] . Under a dual agency transaction it is vital the broker discloses to either/or part whom they represent as client, and whom they represent as customer. A real estate broker owes his client fiduciary duties, those duties include care, confidentiality, loyalty, obedience, accounting & disclosure. A real estate broker owes his customer fair & honest dealing. A real estate broker must request all parties (seller & buyer) sign a dual agency agreement, to protect their license. Before you contact a Real Estate Agent Contact call us first at: (561) 600-5665


Christian Penner
205 South Central Blvd
Suite 101e
Jupiter, FL 33458
(561) 600-5665
Mortgage Broker Jupiter FL

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