Agency Relationship

When real estate professionals work with buyers and sellers, "agency" relationships are established. As you start working with us, you will receive a clear explanation of the current agency laws, so that you understand these.

Buyer's agent:

Represents the buyer during the home buying process. The buyer's real estate professional (agent) has a fiduciary responsibility to represent the buyer's best interests, including reasonable care, loyalty and confidentiality. 

Seller's agent

Represents the interests of the seller and has a fiduciary responsibility of reasonable care, loyalty, confidentiality and disclosure to the seller. A seller's real estate professional (agent) works to assist the seller in locating a buyer and in negotiating a transaction suitable to the seller's specific needs.

Disclosed limited agent

Represents the interests of both the buyer and the seller, during the same transaction. A dual agent has responsibilities to both buyer and seller and must act in the best interests of both parties. This can be done only with written permission of both clients. 

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Download the full version of the Oregon Real Estate Initial Agency Disclosure Pamphlet (OAR 863-015-0215)

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