In order to better understand Agency you need to know what is required by Florida law. Here are the nine requirements for a Single Agent: 1. Dealing honestly and fairly; 2. Loyalty; 3. Confidentiality; 4. Obedience; 5. Full disclosure; 6. Accounting for all funds; 7. Skill, care, and diligence in the transaction; 8. Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing; and 9. Disclosing all known facts that materially affect the value of residential real property and are not readily observable. As you can see this is a very inclusive list of responsibilities, and it is always up to the customer to decide the representation they want to have. If you have any questions, please feel free to e-mail me.
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