BUYING REAL ESTATE IN TAMPA, FLORIDA
When buying Tampa real estate, who represents you? A seller's agent lists a home for sale and attempts to get the highest price and best terms for his/her seller. A buyer's agent represents the best interests of his/her buyer. In recent years, there has been a major trend toward "Buyer Agency". Tampa real estate agents can legally represent the buyer in a real estate transaction in Florida, even though the seller of the property pays the real estate commission.
Ginny is an Accredited Buyer Representative (ABR) and will work with you as a buyer's agent for your purchase of any Tampa Bay real estate that is listed in the Multiple Listing Service by another broker or offered by a cooperating builder or developer.
Florida Real Estate Agency Law
Florida law (Chapter 475 Florida Statutes) requires real estate licensees to disclose who they represent in a real estate transaction and to allow the parties the right to choose how they wish to be represented. The agency disclosure form acknowledges that the disclosure occurred and that the parties were informed of the agency relationships available in a real estate transaction. Your real estate agent will discuss the following forms with you:
Non-Representation: You should not assume that any real estate broker or salesperson represents you unless you agree to engage a real estate licensee in an authorized brokerage relationship, either as a single agent or as a transaction broker.
Transaction Broker: A licensee may work with both the Buyer and Seller in a limited form of representation.
Transition: Buyer and Seller must agree to transition from Single Agent representation to Transaction Broker representation.
Click on the links below for helpful information about buying a home in the Tampa Bay area.
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