Licensed Florida Real Estate Broker

Florida law requires that real estate licensees operating as transaction brokers disclose to buyers and sellers their role and duties in providing a limited form of representation, as a transaction broker. A Timeshare Broker, Inc. provides to you a limited form of representation that includes the following duties:

• Dealing honestly and fairly,
• Accounting for all funds,
• Using skill, care, and diligence in the transaction,
• Disclosing all known facts that materially affect the value of residential real property and are not observable to buyer,
• Presenting all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing.
• Limited confidentiality, unless waived in writing by a party. This limited confidentiality will prevent disclosure that the seller will accept a price less than the asking or listing price, that the buyer will pay a price greater than the price submitted in a written offer, of the motivation of any party for selling or buying property, that a seller or buyer agrees to financing terms other than those offered, or of any other information requested by a party to remain confidential, and

1. Any additional duties that are entered into by this or by separate written agreement. Limited representation means that a buyer or seller is not responsible for the acts of the licensee. Additionally, parties are giving up their rights to the undivided loyalty. This aspect of limited representation allows a licensee to facilitate a real transaction by assisting both the buyer and the seller, but a licensee will not work to represent one party to the detriment of the other party when acting as a transaction broker to both parties.