21-Hour Broker and Associate Broker Renewal Package With Ethics

There are four possible relationships you may have with a buyer:

1. Transaction broker
2. Seller agent with a buyer-customer
3. Buyer agent
4. Disclosed dual agent

This course will explore each relationship identifying:

• when the relationship begins,
• your responsibilities to buyers, and
• how your responsibilities differ based on your relationship.

Common issues and misunderstandings will be addressed to assist you in understanding your role and managing buyer expectations.

Designated brokers, as you go through this course think about your affiliated licensees’ understanding of course material. Do they understand how their responsibilities to buyers differ depending on their relationship? What about your company policy? Does your policy reflect how business is being conducted at your company?