Disclosure

The New Normal in Real Estate: MAP Rule

Our government at work: Mortgage Act and Practices Rule. Required disclaimer by real estate agents and brokers who give the consumer loan information, rate sheets, etc. Enforced by the Federal Trade Commission. Brokers and Agents must save any communications for 2 years. Kathy Howe aka SedonaKathy, how2arizona real estate LLC, how2educate LLC Sedona, AZ Sedona properties for sale, Uptown, West Sedona, Village of Oak Creek, Sedona Golf Resort, Chapel, Red Rock Loop, Jerome, Verde Valley

Arizona’s Dual Agency

Arizona’s Dual Agency

Arizona allows disclosed Dual Agency in real estate transactions. How does it work? First understand that all Sellers list with the Designated Broker through “their” agent, and all salespeople representing buyers are doing so “for” their Designated Broker. In AZ, Dual Agency = Limited Agency. Kathy Howe aka SedonaKathy, how2arizona real estate LLC, how2educate LLC, Uptown Sedona