Seller Resources

In separate, single-party representation, the seller’s brokerage represents the seller and the buyer’s brokerage represents the buyer. Dual agency means the same brokerage represents both parties, with both parties’ knowledge and consent. It can arise even when different agents within Jennings Realty work with each side.

Review the agency disclosures and the transaction-specific confirmation of both the brokerage’s and individual agent’s roles in the purchase agreement. An inquiry, open-house visit, or seller payment alone does not establish that both parties are represented.

A dual agent has duties to both buyer and seller, rather than acting exclusively for one side. Without the respective party’s express permission, the agent cannot disclose confidential financial information, motivations, bargaining position, or willingness to accept a lower price or pay a higher price.

Confidentiality does not excuse withholding known facts materially affecting the property’s value or desirability. Discuss the agency arrangement and its limitations before consenting; do not assume different agents in the same firm remove brokerage-level dual agency.

No. Exclusivity concerns your agreement to work with a brokerage and the conditions under which compensation may be owed. Dual agency concerns whom the brokerage represents in a particular transaction. Review those decisions separately; an exclusive agreement does not by itself establish dual agency.

No. A seller paying a buyer’s broker does not, by itself, make that broker the seller’s agent. Representation and payment are documented separately. The RLA’s listing compensation covers the seller’s side; buyer-side compensation in dual agency requires a separate written buyer agreement.

An unrepresented buyer is different from a buyer represented by Jennings in dual agency. The RLA’s optional additional compensation for facilitating an unrepresented buyer’s transaction does not apply to dual agency. Neither situation automatically creates an extra fee; the agreed written terms control.

The supplied RLA gives the brokerage an exclusive authorization and right to sell for the agreed listing period. Compensation can be owed for a qualifying transaction whether the buyer is found by the listing broker, another broker, you, or someone else, subject to the agreement’s conditions.

Review the actual beginning and ending dates, fee, included services and any existing obligations to another broker. A sample listing’s duration or commission is not a standard commitment for every seller.

Listing compensation covers the seller’s side. Any buyer-broker payment, concessions, investigation reports, escrow and title charges, and other closing costs need their own review. Do not assume all costs are included in the commission or add the same payment twice.

Pre-listing inspections, including termite and septic where applicable, are arranged when you agree. The RLA can specify seller-paid reports and payment timing. Which inspections and reports make sense depends on the property and the agreed plan; confirm what will be ordered, who pays, and when. Review leased or financed items, such as propane tanks or solar equipment, and intended inclusions or exclusions.

Discuss a change of plans with the brokerage before withdrawing the property. Under the RLA, withdrawing it, transferring it, or voluntarily making it unmarketable during the listing period without the broker’s prior written consent can trigger compensation obligations.

Seller listing cancellation does not follow the PSRA or BRBC buyer notice rules. The supplied Cancellation of Listing (COL) is a mutual agreement between the broker and seller to end the listing and agency relationship, subject to its selected terms. It is not just a unilateral cancellation notice.

Not necessarily. The COL offers different choices: preserving listing compensation for qualifying later transactions, specifying reimbursement for expenses or services, stating that no compensation is owed, or adding other agreed terms. These are alternatives to review—not automatic fees or a standard waiver.

Some selected terms can preserve payment obligations without requiring the broker to continue representing you in the later transaction. One option concerns both relisting with another broker and entering a qualifying transfer contract during the original listing period; relisting alone does not satisfy both conditions.

Read the selected boxes, dates, amounts, named prospective buyers and other terms before signing. The mutual release is subject to the obligations preserved in the COL, and the listing’s dispute-resolution and attorney-fee provisions continue to govern cancellation disputes. Cancelling the listing does not itself cancel an accepted purchase contract or escrow.

The RLA can preserve compensation for certain prospective buyers during a negotiated continuation period. Its conditions include a qualifying showing or written offer and a written notice identifying those buyers delivered before the listing or extension expires. Review the actual period and notice, not a sample’s number.

A COL can establish different selected conditions: compensation for a transfer contract entered before the original listing period ends, or for named qualifying buyers during an entered period measured from cancellation or the listing period as selected. Review the RLA and completed COL together; do not assume cancellation erases all obligations or import the buyer agreements’ notice rules.

Advertising a willingness to consider concessions is not a promise to pay every requested amount. The RPA separates general closing-cost credits, other seller payments, and a specific seller payment to the buyer’s broker. A request is negotiable; an accepted payment term is a contractual commitment.

Document the amount or rate and required written approval before committing. General credits remain subject to lender limits; the RPA does not automatically adjust the price to replace a disallowed credit. Compare estimated net proceeds using the actual accepted terms and your signed agreements.