Benefits of Agency
According to Idaho law, all real estate consumers are "Customers" unless there is a written and signed representation agreement forming a "Client" relationship.
Customer Services
A real estate licensee is to provide the following customer-level services to everyone:
- Perform necessary and customary acts to assist you in the purchase or sale of real estate;
- Perform these acts in good faith and with honesty and reasonable care;
- Properly account for money or other property placed in the licensee's care;
- Disclose "adverse material facts" which are known, or should be known, by the licensee. These are facts that would significantly affect the desirability or value of the property to a reasonable person, and facts that indicate to a reasonable person that one of the parties cannot, or will not, complete obligations of the contract.
As a customer, your brokerage will NOT act as your agent and is NOT required to promote your best interests or keep your bargaining information confidential. For this reason, we recommend a real estate consumer become a "Client" by choosing to sign a written representation agreement.
Client Services
Once you've signed a representation agreement, your brokerage and its licensees must act as your "Agent". In addition to the basic customer-level services listed above, your agent is also required to provide the following:
- Perform the terms of your agency agreement with skill and care;
- Promote your best interests in good faith, honesty, and fair dealing;
- Maintain confidentiality of client information, such as bargaining power, even after the representation has ended.
TripleCord's Services
Find out more about the type of service TripleCord Real Estate provides to our clients by visiting the following links: