Florida Realtors Legal Hotline is a great resource and free member benefit, but you may not need us. Many callers ask basic-information type questions, like, “There are so many riders – which one should I use?” Here are answers to your simplest questions.
What if a buyer and seller sign a contract but the buyer fails to submit the agreed-upon deposit? Some Realtors think the seller is then free to relist the property – but if they call the Legal Hotline to confirm it, they find the issue isn’t quite that simple.
During negotiations, a listing broker created a dual (variable rate) commission arrangement on the fly and reached an agreement. But they didn’t have time to disclose that change to a potential cooperating broker. Does the Code require disclosure every single time, no matter what?
First-time buyers are eager to learn. A 30- to 45-minute consultation is an excellent first step to find out their goals, expectations, answer questions, and explain the lending opportunities for first-time buyers.