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Rainmaker
1,228,059
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

A commitment of fiduciary duties to represent them to the best of my ability while expecting their loyalty and commitment to me.

Jan 18, 2019 04:15 PM
Rainmaker
1,153,275
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

representation.

When are you going to rotate your image in a proper position?

Jan 18, 2019 01:56 PM
Rainmaker
6,599,923
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
real es·tate a·gent
noun
NORTH AMERICAN
 
  1. a person who sells and rents out buildings and land for clients.
Jan 18, 2019 01:13 PM
Rainmaker
563,429
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

In short, it is representing the best interest of a client in a real estate transaction.

Jan 18, 2019 01:10 PM
Rainmaker
1,897,619
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

To me the word agency means "solid commitment". I pomise to work for your best interest 100% of the time at all times and in turn you promise to stick by/with me for the term of our contract.

Jan 18, 2019 12:57 PM
Rainmaker
1,916,255
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

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

Jan 18, 2019 07:54 PM
Rainmaker
910,046
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

A legal definition can easily be found if that is what is needed.

As an agent, I work on behalf of and in the best interests of my client.

Jan 18, 2019 05:12 PM
Rainmaker
2,641,042
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Agent you see?

Jan 18, 2019 05:04 PM
Rainmaker
514,124
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Representation.  An attorney represents their client in court, I represent my client in a real estate transaction.  I put their interests ahead of the other parties or my own. 

Jan 18, 2019 04:24 PM
Rainmaker
5,571,826
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Maria Sapio gave a great answer...simple to understand....

Jan 18, 2019 02:58 PM
Rainmaker
4,204,874
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Roy Kelley has you covered well!

Jan 18, 2019 02:09 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Common law versus statute law.

Jan 18, 2019 02:05 PM
Rainmaker
1,734,926
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

It depends on the situation.  There are many kinds of agency representation so you would need to be more specific with the question.   There is a brochure that explains it all in detail and you should become familiar with it and give one to each client or prospective client.

Jan 18, 2019 01:20 PM
Rainmaker
888,247
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

I would make no effort to explain 'agency' or any other real estate 'gobbly-gook.'

Just talk using the lexicon with which they are familiar and they will find it easier to trust the agent.

Be aware, industry distortions of the language is an attempt to separate the 'professional' from the common man. However, Einstein is credited with saying if one can not explain something simply, the speaker may not be the master of the subject.

Jan 18, 2019 12:58 PM
Rainmaker
1,596,586
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Reading answers.

Feb 16, 2019 02:51 PM
Rainmaker
2,062,514
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

No idea.

Feb 16, 2019 02:21 PM
Rainmaker
4,935,194
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Thomas's explanation is great.

Jan 22, 2019 09:39 AM
Rainmaker
3,985,855
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

A business relationship between two entities

Jan 20, 2019 06:09 PM
Rainmaker
1,386,568
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'd tell them to pull out a dictionary and look it up.

Jan 19, 2019 09:20 AM
Ambassador
3,054,304
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Representation with fiduciary duties with utmost care, integrity, loyalty and honesty. 

Jan 19, 2019 08:52 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It is the type of representation the customer is getting.

Jan 19, 2019 07:24 AM
Rainmaker
3,329,768
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Simply put the relationship you have with a person

Jan 19, 2019 05:14 AM
Ambassador
5,402,804
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Agent of...

Jan 18, 2019 11:39 PM
Ambassador
4,254,145
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Maria Sapio gave you a great answer. Good luck in your studies!

Jan 18, 2019 05:14 PM
Rainmaker
4,111,553
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Representation... and if you check with Mr. Google you get a great answer:

An agency relationship is a fiduciary relationship of trust between the broker and the principal created by contractual agreement.

Jan 18, 2019 03:26 PM