Easy Living Solutions

Mobile Homes For Sale

  • (480) 807-0707
  • Selling
    • Market Analysis
    • We Buy Homes
    • We Sell Homes
  • Buying
    • FAQ – 55+ Communities
    • FAQ – Agency
    • FAQ – Buying Process
    • FAQ – Escrow
    • FAQ – Inspections
    • FAQ – Lot Rent
    • FAQ – Property Taxes
    • FAQ – Residency Criteria
  • Support
    • About Us
    • Contact Us
  • Listings
    • Listings – Featured
    • Listings – Recent Sales
  • Schedule

Buying FAQ – Agency

Below are answers to frequently asked questions about “Agency”. If you have a question that you would like answered feel free to submit your question here.

What is “Agency”?
Agency is a word for the consensual “principle-agent” relationship between an agent (broker/salesperson) and the principle (buyer/seller) he or she represents. The principal, grants authority for another party, the agent, to act on behalf of and under the control of the principal to deal with a third party.

Seller as Client: (Single Agency)
If a seller contracts with a broker to market the seller’s property, the broker becomes an agent of the seller; the seller is the principle, the broker’s “Client”. In single agency, a buyer who contacts the broker to review properties listed with the broker’s firm is a “Non-Client”. Though obligated to deal fairly with all parties to a transaction and to comply with all aspects of the license law, the broker is strictly accountable only to the principle (in this case, the seller). The Non-Client (in this case, the buyer) represents himself or herself.

The following information may not be disclosed by the agent without the seller’s permission or it would violate the agent’s fiduciary duty to the seller (Client):

  • Information about the Seller’s personal life (e.g., health, finances, happenings).
  • Why the Seller is selling.
  • How long the property has been listed.
  • Seller’s anxiousness to sell.
  • That the Seller will accept a price or terms other than stated in the listing.

Buyer as Client: (Single Agency)
When a buyer contracts with a broker to locate property and represent his or her best interests in a transaction; the buyer is the principle, the broker’s “Client”. The broker, as agent, is strictly accountable to the buyer. The seller is the “Non-Client”.

The following information may not be disclosed by the agent without the buyer’s permission or it would violate the agent’s fiduciary duty to the buyer (Client):

  • That the Buyer can, or will, pay more for a property than has been offered.

Buyer and Seller as Clients: (Dual Agency)
In dual agency, the agent represents two principles in the same transaction. Dual agency requires equal loyalty to two separate principles at the same time.

Have a question on this topic? Please send us an email through the form below.

By Appointment Only

Office Hours (By Appointment Only)
Monday through Friday.
9:00 AM to 5:00 PM, excluding holidays.
Closed on Saturday and Sunday.

Please Note: Messages received outside of our office hours will be processed the next business day.

How To Request an Appointment
To request an appointment please visit our request an appointment page.

© Copyright 1995-2021 Blackwell & Associates, Inc.

Equal Housing Opportunity – The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.

Disclaimer of Warranties and Limitation of Liabilities – The information on this website, including referenced data: (1) is provided for informational purposes only; (2) is intended for personal, noncommercial use; (3) may not be used for any purpose other than to identify prospective properties for purchasing; (4) is not intended to be used in place of a visit, consultation, or advice of a legal, real estate, or any other professional; (5) should not be treated as legal advice – all legal documents and publications cited on this website are to be used as starting points only; (6) is deemed reliable but not guaranteed – no guarantees or warranties are made as to the accuracy, timeliness, quality, correctness, completeness, or validity of the information; (7) should not be acted upon prior to being independently researched and verified with the appropriate source. (8) The approximate “dimensions” shown for each property are based on exterior measurements which include the hitch (aka “tongue”), bay windows, roof overhangs, etc. and are not to be used in calculating square footage, gross living area, livable square footage, etc. (9) All measurements are approximate only. (10) All properties are subject to prior sale, change, or withdrawal.