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Prohibited conduct of a licensee would include misrepresentation and fraud.
The real estate salesperson is the special agent in a listing contract.
The principal in a transaction is the buyer or the seller.
One of the duties a licensee owes to a customer is loyalty.
The buyer’s agency agreement is required to be signed by all parties to the purchase agreement.
Multiple representation does not need to be agreed to by all parties in the transaction.
A sub-agent is your transaction coordinator who has no license.
The death of the salesperson will terminate an agency relationship.
An Exclusive Agency relationship in Nevada must be in writing.
if you agree to show clients houses, and it is verbally agreed that you will represent them in a transaction, this is considered an expressed agency.