![]() ![]() (2) a broker works with a buyer or tenant as a subagent of the seller or landlord by accepting an offer of subagency. (1) An agency relationship between the broker and the party to be represented is established pursuant to this section or A broker shall be considered a transaction broker unless: ![]() (c) A broker may be engaged as a transaction broker by oral or written agreement with the seller, landlord, buyer or tenant. A broker who has been working with a seller, landlord, buyer or tenant as a transaction broker may act as an agent for the seller, landlord, buyer or tenant if the broker complies with this act in establishing the agency relationship. (b) A broker may work with a single party in separate transactions pursuant to different relationships, including, but not limited to, selling one property as a seller's agent and working with that seller in buying another property as a buyer's agent if the broker complies with this act in establishing the relationships for each transaction. A licensee shall not act as a dual agent or in a dual capacity of agent and undisclosed principal in any transaction. (a) Except when acting as a transaction broker or solely as a seller, buyer, landlord or tenant, a broker shall act only as a statutory agent in any real estate transaction. Written agency agreements written transaction brokerage agreements. REAL ESTATE BROKERS AND SALESPERSONSĥ8-30,103. ![]()
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