Common use of Real Estate Agency Relationships Clause in Contracts

Real Estate Agency Relationships. An “agency” relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the “agent” agrees to act on behalf of a buyer or a seller (the “client”) in a real estate transaction. Oregon law provides for three types of agency relationships between real estate agents and their clients: Seller’s Agent – Represents the seller only. Buyer’s Agent – Represents the buyer only. Disclosed Limited Agent – Represents both the buyer and seller, or multiple buyers who want to purchase the same property. This can be done only with the written permission of all clients. The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real estate agent. Definition of “Confidential Information” Generally, licensees must maintain confidential information about their clients.

Real Estate Agency Relationships. An “agency” relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the “agent” agrees to act on behalf of a buyer or a seller (the “client”) in a real estate transaction. Oregon law provides for three types of agency relationships between real estate agents and their clients: Seller’s Agent – Represents the seller only. Buyer’s Agent – Represents the buyer only. Disclosed Limited Agent – Represents both the buyer and seller, or multiple buyers who want to purchase the same property. This can be done only with the written permission of all clients. The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real estate agent. Definition of “Confidential Information” Generally, licensees must maintain confidential information about their clients.”

Real Estate Agency Relationships. An “"agency” " relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the “"agent” ") agrees to act on behalf of a buyer or a seller (the “"client”") in a real estate transaction. Oregon law provides for three types of agency relationships between real estate agents and their clients: Seller’s 's Agent – -- Represents the seller only. Buyer’s 's Agent – -- Represents the buyer only. Disclosed Limited Agent – -- Represents both the buyer and seller, or multiple buyers who want to purchase the same property. This can be done only with the written permission of all clients. The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real estate agent. Definition of “Confidential Information” Generally, licensees must maintain confidential information about their clients.”

Real Estate Agency Relationships. An “agency” relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the “agent” ”) agrees to act on behalf of a buyer or a seller (the “client”) in a real estate transaction. Oregon law provides for three types of agency relationships between real estate agents and their clients: Seller’s Agent – -- Represents the seller only. Buyer’s Agent – -- Represents the buyer only. Disclosed Limited Agent – -- Represents both the buyer and seller, or multiple buyers who want to purchase the same property. This can be done only with the written permission of all clients. The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real estate agent. Definition of “Confidential Information” Generally, licensees must maintain confidential information about their clients.”