Talk of The Villages Florida - View Single Post - Will new real estate law on August 17th dramatically lower realtor commissions?
View Single Post
 
Old 08-07-2024, 10:49 AM
candacev candacev is offline
Junior Member
Join Date: Jul 2022
Posts: 15
Thanks: 16
Thanked 5 Times in 4 Posts
Default

Quote:
Originally Posted by retiredguy123 View Post
1b only says that an agent is "presumed" to be a transaction agent, not that they are one.

Did you read the paragraph entitled "CONSENT TO TRANSITION TO TRANSACTION BROKER"? It says that an agent cannot change to a transaction agent without "prior written consent". As a seller, I am not required to provide my consent.
Did you read it is presumed an agent is a transaction broker unless they transition to be a single agent or non rep? Agree or disagree it really doesn’t matter. That’s what the statute says and that is what we are governed by. If you wish for a brokerage to represent you as a single agent then that brokerage cannot work with a buyer because dual agency is not allowed in Florida. Hence why we are presumed transaction brokers. All these new rules are VERY FLUID at this point and we are all trying to navigate the changes. Ultimately our job is to help buyers and sellers and make the transaction work for both parties to the transaction.