ALLIANCE-RE.COM

By law, agency is a specific relationship between two or more people. One person must authorize the other person to act on his/her behalf, and the other person must consent to do so. In other words, when you authorize a REALTOR® to work for you in buying or selling a property and the REALTOR® agrees, you and the REALTOR® are in an agency relationship. As a member of the public, you are probably familiar with working with individual REALTOR'S®. However, the agency relationship is actually between you and the REALTOR'S® brokerage. The brokerage is the real estate company. Therefore, when you hire your agent, the law of agency says that you hire the entire brokerage. In Michigan, REALTORS® practice four different forms of agency. A brief description of each follows... Seller Agency - in this relationship, the licensee works only for the seller, owing the seller client loyalty, confidentiality and a good faith effort to find a buyer for the property... Choosing agency in Fowlerville,..