BRETTA applies to any real estate broker or affiliated licensee providing a real estate brokerage service in the State of Georgia. Thus, it applies in virtually any situation in which a licensee acts in the normal course of providing real estate brokerage services.
Let’s review:
Do you represent buyers, sellers or both?,
What services are provided to (or excluded) client vs customer?,
When does representation begin? When does it conclude?,
Brokers and agency – Appointment of agent,
Brokerage relationships – Designated, Dual, and Transaction Broker,
Fiduciary duties,
Consumer engagement,
When is disclosure required,
Customer vs client,
Agents who own rental property,
Agents selling their own property,
Inactive agents acting as principles,
Conflicted agent practices,
Reciprocal license,
Over many years, common and statutory laws have evolved as regards agency and fiduciary responsibilities. As real estate representation evolves, there are new court cases every year in many states that add to the expectations of our clients and courts
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