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Rainer
144,291
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

In Florida, if you have a single agent relationship with the seller, you have no brokerage relationship with the buyer.  The reverse is true as well.

Even with no brokerage relationship, you still have to account for all funds, deal honesty and fairly, and disclose all known facts that materially affect the value of the property.

Apr 29, 2022 06:00 AM
Rainmaker
986,920
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I have never heard of a "no brokerage" listing agreement.

Apr 29, 2022 09:19 AM
Ambassador
3,129,815
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Looks like you have the answer you are looking for. 

Apr 29, 2022 09:09 AM
Rainmaker
2,048,210
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

If you want to exclusively represent your Buyer’s interest .

Apr 29, 2022 07:51 AM
Ambassador
2,599,493
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Hi, Austin.

  Karen Climer has the answer.  When you are Single Agent for a party, you need to extinguish "the presumption of transaction brokerage" that the other party may have. 

     The Statutes require that we do that in writing, on the State-mandated form in F.S. 475.278

 

                           NO BROKERAGE RELATIONSHIP NOTICE

    FLORIDA LAW REQUIRES THAT REAL ESTATE LICENSEES WHO HAVE NO BROKERAGE RELATIONSHIP WITH A POTENTIAL SELLER OR BUYER DISCLOSE THEIR DUTIES TO SELLERS AND BUYERS.

 

---------------------

Another scenario, where I did not wish to represent either party in any capacity (conflict of interests):

My relative was selling property to another relative.  He wanted a written contract.   

I gave the No Brokerage Relationship Notice to both parties (and had them sign it).  Then I wrote the contract, and took it to a real estate attorney.  The lawyer drafted the Deed, disbursed the funds, etc.  Done deal.

Apr 29, 2022 07:11 AM
Ambassador
3,363,907
Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

I have never heard of a 'no brokerage' listing in AZ.

 

 

Apr 29, 2022 10:04 AM
Rainmaker
4,457,413
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Fred Griffin Florida Real Estate and Karen Climer have you covered for Florida.

Apr 30, 2022 04:30 AM
Rainer
296,001
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

in Georgia we have an "authorization to show unlisted property" that we use when a buyer client wants to see unlisted property.  Sometimes the seller will agree to pay us, other times the buyer does. However I've never heard of a no brokerage "listing agreement", no brokerage agreement, no listing in my state.

Apr 29, 2022 12:40 PM
Rainmaker
2,676,626
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Meet-em, greet-em and feed-em, then sign them up. That's all I know

Apr 29, 2022 12:37 PM
Rainmaker
6,907,148
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I do not think that will happen in Maryland.

Apr 29, 2022 11:06 AM
Ambassador
2,735,532
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Never heard of such a thing!

Apr 29, 2022 10:34 AM
Rainmaker
5,208,716
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Have never taken a listing with no brokerage.

Apr 29, 2022 10:22 AM
Ambassador
5,650,875
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Here everything is between the brokerage and the client, agents are agents of the brokerage, and the brokerage is an agent of the client.

Without the brokerage we are not allowed to operate.

Apr 30, 2022 12:47 PM
Rainmaker
841,132
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

We do not have that in Connecticut. The "no brokerage" concept sounds a bit confusing or even deceptive as no agent can operate on his or her own; needs to work under a broker, even in Florida, isn't that correct?

Apr 29, 2022 02:42 PM