Monday, March 30, 2009

Is the Buyer really represented ?

Florida has really done real estate consumers an injustice.

Effective July 1st - Licensees do not have to disclose to their Clients how or if they are being represented. There is now a presumption that a Licensee is a Transaction Broker providing limited representation only.

I would suppose that 99 % of Florida Real Estate Buyers and Sellers will now be under the false assumption that their Representative Licensee is a true Agent.

At Randian - we always represent our Clients as a true Fiduciary.