Understanding the Implications of Fixed End Listings for Buyer Deposits

Understanding the Implications of Fixed End Listings for Buyer Deposits somebody

When the listing does not allow for the "acceptance of a deposit," an agent can still "take in" a deposit, but only as the "representative" of the buyer.


These are questions that the above text answers:

1. What is the role of a real estate agent?
2. What are the implications of fixed end listings for buyer deposits?
3. Can an agent accept a deposit when the listing does not allow for it?
4. In what capacity can an agent take in a deposit when the listing does not allow for it?
5. What is the responsibility of an agent when taking in a deposit as the representative of the buyer?
6. Can an agent take in a deposit as the representative of the seller?
7. What is the difference between accepting a deposit and taking in a deposit?
8. Are there any restrictions on an agent when taking in a deposit as the representative of the buyer?
9. Can an agent take in a deposit without being the representative of the buyer?
10. What are the limitations on an agent when taking in a deposit as the representative of the buyer?
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