Called the Customer not Principal

By
Education & Training with Rowlett Real Estate School LLC

In a transaction broker relationship, the seller or the buyer is called a customer, not a principal.

In a transaction broker relationship the (customer) is not responsible for the acts of a licensee. Transaction brokers may represent both buyer and seller in a real estate transaction.

Chapter 475 defines customer to mean a member of the public who is or may be a buyer or a seller of real property and may or may not be represented by a real estate licensee.

Information is courtesy of Rowlett Real Estate School LLC and Captain Wayne Rowlett.

For information on our classroom courses and online courses visit our website at www.rowlettrealestateschool.com Check out our website for a full line up of Online real estate courses including our traditional Live Classroom Training.

We have live classroom training for our Pre Sales Associate Class in Panama City Florida and in Destin Florida every other month.

P.Stone, RRES

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Rowlett Real Estate School

Rowlett Real Estate School


For infomation on Rowlett Real Estate School and our classes in Panama City, Fort Walton, Pensacola and Destin, visit our website at www.rowlettrealestateschool.com .  Or give Captain Wayne a call at 850-547-1333

Rowlett Real Estate School is a full service Florida Real Estate School offering classroom training in Panama Ctiy Beach Florida and Destin Florida, Fort Walton Beach and Pensacola.  We offer a full line up of courses online and in classroom for all your Sales Associate and Broker real estate license requirements.
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Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
  1. Judy Rowlett 06/10/2011 07:44 AM
Topic:
Real Estate Best Practices
Location:
Florida Nassau County Fernandina Beach
Tags:
customer
principal
transaction broker
relationship
buyer
seller
real estate
school
captain wayne
rowlett

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Rainer
405,885
Randy Ostrander
Lake and Lodge Realty LLC - Big Rapids, MI
Real Estate Broker, Serving Big Rapids and West Central MI

Good morning Captain. Good explaination of the Transaction relationship. Have a great weekend.

May 28, 2011 09:40 AM #1
Ambassador
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Larry Bettag
Larry Bettag - Cherry Creek Mortgage - Saint Charles, IL
Regional Vice-President

Yes Captain......aaarrrgghhh!  Good explanation of the do's and dont's.

May 28, 2011 09:51 AM #2
Rainmaker
1,554,888
Captain Wayne Rowlett
Rowlett Real Estate School LLC - Destin, FL
Florida Real Estate School

Thank you Randy for the comment.  Thank you too Larry.

~Captain Wayne Rowlett

June 11, 2011 12:55 AM #3
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Rainmaker
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Captain Wayne Rowlett

Florida Real Estate School
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