Talk of The Villages Florida - View Single Post - VLS and MLS Agent commission?
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Old 04-27-2024, 07:24 AM
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Your information is totally incorrect. In the state of Florida the way it stands right now, most broker’s run as a transaction broker with nothing needing to be signed. We are definitely allowed to sell our own listings. We do not have dual agency in Florida. We have transaction broker agency. If we want to represent one party exclusively then we do have to get an agreement signed.

Quote:
Originally Posted by retiredguy123 View Post
I know other states are different, but, in Florida, it is illegal to represent both the buyer and the seller as an agent. You can be a transaction agent, but only if you have the written consent of the seller. If you don't have consent, you can only represent one party.