Exclusive Representation

Real Estate Agents specialized in Exclusive Representation work closely with their clients based on a contractual relationship between the client and the real estate agency to which the agent is affiliated.

Thus, real estate agents and agencies are contractually obliged to protect and promote the interests of their clients as if they were their own interests, and to put the clients' interests above of any other person. This framework can be considered similar to a relationship between a lawyer and his client.

In a real estate transaction, the buyer and the seller can each be represented by a real estate agency, just as in a legal process where both parties can be represented by a lawyer.

In conclusion, the real estate agency engaged in an Exclusive Representation relationship is bound to HONESTY towards both parties and to LOYALTY towards the party it represents (the client).