Webb12 maj 2024 · The procuring cause of the property sale consists of the actions made by a real estate agent that caused the buyer to purchase the home. If the buyer chose to work …
Agency Relationships In Real Estate - Real Estate Exam Ninja
Webb• Subagent – this agent works for the listing broker to work out the best possible terms and price on a real estate purchase but also works with the buyer but does not work for the buyer. The fiduciary responsibilities are geared toward the listing broker and seller. Webbprocuring cause disputes are between the broker for the agent who received the cooperating commission from the listing broker and the broker for the agent who believes his/her agent was the true procuring cause and should have been paid a commission. In most cases, the arbitrators will decide one broker or the other is the procuring cause. dave ray stevens point wi
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Webb10 mars 2024 · 1. Take a state-approved real estate sales course. First, real estate brokers need to be trained. These courses teach you about real estate legal issues, real estate … Webb12 juli 2009 · Basically, a brokerage MLS listing is an offer of a unilateral contract, the act requested being the procuring by the broker of a purchaser ready, able and willing to buy upon the terms stated in the offer and is revocable at will of owner in good faith at any time before performance, regardless of broker's efforts. Baumgartner v. Webb24 juni 2024 · When the real estate broker makes the initial contract with the buyer – When it comes to the Procuring Cause doctrine, there is no automatic entitlement to a real … gary unverfehrt law office nashville il