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Rainmaker
2,260,094
Michael J. Perry
Fathom Realty - Lancaster, PA
Lancaster, PA Relo Specialist

REPRESENTATION

Dec 12, 2016 04:15 AM
Rainmaker
8,244,666
Roy Kelley
Retired - Gaithersburg, MD

Follow the rules in your state.

Dec 12, 2016 03:17 AM
Rainmaker
1,157,847
FN LN
Toronto, ON

Here is one of several definitions when you Google "define agency": 

- a business or organization established to provide a particular service, typically one that involves organizing transactions between two other parties.

Dec 11, 2016 09:40 PM
Ambassador
6,774,529
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Acting as an Agent, an Advocate, on your side.

Dec 13, 2016 05:45 PM
Ambassador
3,764,591
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Agency means different things in each of the three jurisdictions where I work.  Just learn your local laws.

Dec 12, 2016 08:20 PM
Rainmaker
3,986,529
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

It is the business relationship between my clients andmyself.

Dec 12, 2016 03:34 PM
Rainmaker
4,322,295
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Oakly Rogers - the relationship between the consumer and agent.

Dec 12, 2016 03:24 PM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Agency is the relationship between a real estate agent and his or her client or customer.

Dec 12, 2016 09:23 AM
Rainmaker
3,988,144
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I define it just like Webster does. It is a fiduciary relationship created between parties.

Dec 12, 2016 07:52 AM
Ambassador
5,205,906
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's the relationship between a licensed real estate professional and either a buyer or seller

Dec 12, 2016 07:51 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

The relationship between the licensee and the buyer or seller.

Agency=  "agent" representation.

Non-Agency=Transaction broker or non agent relationship.

Eve

Dec 12, 2016 07:06 AM
Ambassador
2,719,063
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

One person or entity acting on behalf of another person or entity.

Dec 12, 2016 06:58 AM
Rainmaker
774,356
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

In Oregon we operate under a disclosed limited agency. We work on behalf of our clients to represent them in their purchase or sale of real estate. Their interests come ahead of our own and we work to make sure those interests are met - even when those interests are terminating a listing or purchase.

Dec 12, 2016 06:38 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Oakly Rogers The relationship between a client and their broker where the broker duly represents the client.

Dec 12, 2016 06:20 AM
Rainmaker
5,585,039
Barbara Todaro
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team

that's synonymous with representation....

Dec 12, 2016 06:19 AM
Rainmaker
5,357,277
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

You must check your state for how they interrupt Agency. Every state is different and you want to know how your state operates so you understand how you will represent buyers and sellers.

Dec 12, 2016 06:05 AM
Rainmaker
3,417,759
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The relationship between a client and those they hire and vice versa

Dec 12, 2016 05:56 AM
Rainmaker
1,759,637
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

Chapter 1: Agency

Dec 12, 2016 05:32 AM
Ambassador
5,562,435
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Agency has different meanings in different states.

Dec 12, 2016 05:21 AM
Rainmaker
1,618,024
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

Doing the right thing

Dec 12, 2016 05:13 AM
Rainmaker
5,566,098
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Check your sources at the state level. The legislature in your state dictates.

Dec 12, 2016 05:12 AM
Rainmaker
1,713,581
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Common law that does not exist in Oklahoma.

Dec 12, 2016 04:58 AM
Rainmaker
3,074,716
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Coldwell Banker Realty

Roy Kelley nailed this one!

Dec 12, 2016 04:51 AM
Rainmaker
4,434,277
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Others have answered.

Dec 12, 2016 04:50 AM
Rainmaker
5,396,509
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I and many others have provided the answer to this question more times than I can count at this point. 

Dec 12, 2016 03:29 AM