Here is a web link that explains the different brokerage relationships in Florida.
Tammy Hayes, Realtor
Re/Max Palm Realty
In the State of Florida you are able to request an exclusive Buyer agent agreement. If the property of interest to you is listed by the same agent you have a Buyer agreement with they cannot represent you in the transaction. Easy fix, only see properties not listed by your agents broker, hire an attorney once you have selected a property to work exclusively for you, or be open to a transaction broker relationship where your buyers agent is not representing you or the Seller. I like to think of this as the agent is representing the house and the best way to present it to get it sold i.e. disclosing all the facts they know of the property, the location and any other facts that are important to you as a buyer.
Overall you should have a very good experience if you link yourself to the right agent.
in Florida we are Transaction Brokers so honestly sometimes you do not know and in some VERY RARE cases this occurs
1st I would suggest not calling up just listing agents to show you the home like some people only do, Never understood this but when I hear horror stories about agents not working for me, most have to say is that they just called up an agent or listing agent and bought the home and did not even think
2. Use a Buyer's agent, you do not use any doctor, lawyer , Indian chief ,so do not use any real estate agent, there has to be people you know, that you trust that are agents, so use them for they will work for you, if this person is also the listing agent then depending on your relationship then good to move forward
3. KNOW the contract, know what you are signing, your deadline dates, inspection period, etc..... do not just rely on an agent to tell you everything because some do not, as an agent for 13 years, trust me some agents, and I stress the word SOME just do not know the contract and think real estate is just a fun job and do not actually know what the specific verbiage in the contract says
#2. Whose sign is in the yard?
#3. If you are working with a REALTOR (R) they are obligated to disclose.
#4. If the home being sold is owned by a REALTOR (r) that fact must be disclosed.
Be aware, there ARE situations where working directly with the listing agent is a good idea.
However, your question does not reveal the situation of the real estate.
You have gotten some very good answers on this board.
When you are searching for an agent, make sure that you feel comfortable with the agent you are working with. Many brokerages represent buyers and sellers. However, this doesn't mean that an agent represents a buyer and seller in the same transaction. If an agent chooses to show you one of their listings, they must let you know that it is in fact their listing.
As some of the other agents have already mentioned, simply ask the agent you choose to work with.
If you have any other questions, feel free to shoot me an email or give me a call!
The transaction broker provides limited representation. Single agent representation is when an agent has a fiduciary relationship with either the buyer or seller, the agent can't represent both parties to a transaction. A listing agent (and others in their office) cannot provide single agent representation to a buyer for their listings.
So you are looking for a buyer's agent that will work for you in a single agency capacity.
Keep in mind though that agents are typically compensated at closing from the seller, even if your agent is acting as single representation for you. If you want to make sure you have your agent's undivided loyalty you could agree that you the buyer will provide your agent's compensation in the purchase transaction.
Most buyers feel comfortable with the single agency representation if they have concerns such as yours.
Realty Executives Solutions941-726-7109
Let me know if I can be of any more help.
Exit King Realty
Also, if the property is listed by someone else or with a different broker than the buyer's agent you are referring to, you can rest assured that the other agent isn't representing the seller.