Quote:
Originally Posted by manaboutown
"475.278 Authorized brokerage relationships; presumption of transaction brokerage; required disclosures.—
(1) BROKERAGE RELATIONSHIPS.—
(a) Authorized brokerage relationships.—A real estate licensee in this state may enter into a brokerage relationship as either a transaction broker or as a single agent with potential buyers and sellers. A real estate licensee may not operate as a disclosed or nondisclosed dual agent. As used in this section, the term “dual agent” means a broker who represents as a fiduciary both the prospective buyer and the prospective seller in a real estate transaction. This part does not prevent a licensee from changing from one brokerage relationship to the other as long as the buyer or the seller, or both, gives consent as required by subparagraph (3)(c)2. before the change and the appropriate disclosure of duties as provided in this part is made to the buyer or seller. This part does not require a customer to enter into a brokerage relationship with any real estate licensee."
From: Statutes & Constitution
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Online Sunshine
Now, not every MLS Realtor may be willing to act as a buyer's agent. Some will and do, others will not.
I haven't a clue as to whether VLS allows its agents to act as buyers' agents on resales by homeowners. One could inquire. If VLS does allow it some of their brokers may be willing to act as buyers' agents while others may not. |
That law is about as clear as mud. To me, as far as making the deal, the agent's loyalty is to the person who is paying the commission, which is almost always the seller. But, the State of Florida requires licensed real estate agents to act in a fiduciary manner with the buyer and the seller, which means that they need to be careful and treat both parties in a fair and honest manner, or they could lose their license. That is different from other salespeople who do not have a fiduciary responsibility.