Agency Representation

Real Estate Agency Representation

Agency Relationships

Buyer’s Agent
A buyer’s agent is employed to find an acceptable property for a prospective purchaser. The buyer’s agent represents the purchaser in a position of trust and confidence. He or she will negotiate the best possible price and terms for the buyer.

Seller’s Agent
Also known as a listing agent, a seller’s agent works for and represents the seller in a position of trust and confidence. A listing contract spells out the relationship. A seller’s agent negotiates the best possible price and terms for the seller.

Disclosed Dual Agency
Dual agency is a relationship in which the agent represents both the buyer and the seller in the same real estate transaction. Since the agent will be in a position of trust and confidence to both buyer and seller, there is the potential for a conflict of interest, especially in negotiating price and terms. Connecticut law requires the buyer and seller to consent to a dual agency relationship in writing.

Designated Agency
To eliminate the potential conflict of interest that arises in disclosed dual agency, Connecticut law allows the sponsoring broker to designate a salesperson to represent the seller and another salesperson to represent the buyer. Each designated salesperson can represent his or her client without the potential for a conflict. Connecticut law requires a client to consent to designated agency representation in writing.

Work With Us

M&D Properties is consistently recognized for their top producing record. M&D Properties’ standards of service and representation are unmatched, earning them top dollars in gross sales, year after year.