Common use of Designated Agent for the Seller Clause in Contracts

Designated Agent for the Seller. The individual licensee that has been assigned by his/her the Managing Broker 227 and is working as an agent for the Seller or Property Owner in this consumer’s prospective transaction, to the 228 exclusion of all other licensees in his/her the company. Even if someone else in the licensee’s company represents 229 a possible Buyer for this Seller’s Property, the Designated Agent for the Seller will shall continue to work as an 230 advocate for the best interests of the Seller or Property Owner. An agency relationship of this type cannot, by law, 231 be established without a written agency agreement. 232 3. Facilitator / Transaction Broker (not an agent for either party): The licensee is not working as an agent for 233 either party in this consumer’s prospective transaction. A Facilitator may advise either or both of the parties to a 234 transaction but cannot be considered a representative or advocate of either party. “Transaction Broker” may be 235 used synonymously with, or in lieu of, “Facilitator” as used in any disclosures, forms or agreements. [By law, any 236 Licensee or company who has not entered into a written agency agreement with either party in the transaction is 237 considered a Facilitator or Transaction Broker until such time as an agency agreement is established.]

Designated Agent for the Seller. The individual licensee that has been assigned by his/her the Managing Broker 227 194 and is working as an agent for the Seller or Property Owner in this consumer’s prospective transaction, to the 228 195 exclusion of all other licensees in his/her the company. Even if someone else in the licensee’s company represents 229 196 a possible Buyer for this Seller’s Property, the Designated Agent for the Seller will shall continue to work as an 230 197 advocate for the best interests of the Seller or Property Owner. An agency relationship of this type cannot, by 198 law, 231 be established without a written agency agreement. 232 199 3. Facilitator / Facilitator/Transaction Broker (not an agent for either party): ). The licensee is not working as an agent for 233 200 either party in this consumer’s prospective transaction. A Facilitator may advise either or both of the parties to a 234 201 transaction but cannot be considered a representative or advocate of either party. “Transaction Broker” may be 235 202 used synonymously with, or in lieu of, “Facilitator” as used in any disclosures, forms or agreements. [By law, 203 any 236 Licensee or company who has not entered into a written agency agreement with either party in the transaction 204 is 237 considered a Facilitator or Transaction Broker until such time as an agency agreement is established.]

Designated Agent for the Seller. The individual licensee that has been assigned by his/her the Managing Broker 227 186 and is working as an agent for the Seller or Property Owner in this consumer’s prospective transaction, to the 228 187 exclusion of all other licensees in his/her the company. Even if someone else in the licensee’s company represents 229 188 a possible Buyer for this Seller’s Property, the Designated Agent for the Seller will shall continue to work as an 230 189 advocate for the best interests of the Seller or Property Owner. An agency relationship of this type cannot, by 190 law, 231 be established without a written agency agreement. 232 191 3. Facilitator / Facilitator/Transaction Broker (not an agent for either party): ). The licensee is not working as an agent for 233 192 either party in this consumer’s prospective transaction. A Facilitator may advise either or both of the parties to 193 a 234 transaction but cannot be considered a representative or advocate of either party. “Transaction Broker” may 194 be 235 used synonymously with, or in lieu of, “Facilitator” as used in any disclosures, forms or agreements. [By 195 law, any 236 Licensee or company who has not entered into a written agency agreement with either party in the 196 transaction is 237 considered a Facilitator or Transaction Broker until such time as an agency agreement is 197 established.]