Seoul National University​

SNU Department of Physical Education

REALTORS® will not obtain an inventory which is already indexed exclusively which have a different sort of agent

REALTORS® will not obtain an inventory which is already indexed exclusively which have a different sort of agent

Article sixteen cannot preclude Real estate agents® regarding contacting the consumer of some other broker for the purpose of giving to add, or getting into a contract to add, a different sort of a property provider not related into the kind of out-of provider currently being provided (elizabeth.g., possessions management in lieu of brokerage) or from offering the exact same type of provider to possess possessions perhaps not at the mercy of almost every other brokers’ personal arrangements. Yet not, guidance gotten due to a parallel List Services and other render from venture may not be always target customers regarding almost every other REALTORS® so you’re able to whom like offers to give services ended step one/04)

Level of Habit sixteen-4

Although not, when your listing representative, whenever requested by the Real estate agent®, does not want to disclose the fresh termination date and you may characteristics of such checklist, i.age., an exclusive directly to promote, a private service, unlock checklist, or any other brand of contractual contract amongst the number broker and you may the customer, the new Real estate professional® could possibly get get in touch with the owner to secure instance pointers and will explore brand new terms upon which the fresh new Real estate professional® usually takes the next listing otherwise, instead, usually takes a listing becoming energetic upon expiration of any existing private record. (Amended 1/94)

Level of Routine 16-5

REALTORS® should maybe not get consumer/renter arrangements off people/ renters who are susceptible to exclusive consumer/tenant agreements. not, if expected of the a representative®, the fresh broker will not divulge brand new termination go out of personal buyer/renter agreement, the brand new Agent® will get get in touch with the buyer/tenant so you’re able to safe eg advice and can even discuss the words abreast of that the Agent® you’ll get into a future visitors/occupant agreement or, rather, can get enter a purchaser/renter agreement becoming effective up on brand new conclusion of any present private customer/tenant contract. (Accompanied 1/94, Amended step 1/98)

Degree of Routine 16-six

Whenever Real estate professionals® is actually called because of the buyer of another Real estate agent® about your creation of an exclusive relationship to supply the same type of services, and you can Real estate professionals® haven’t myself or indirectly initiated such as for example talks, they might discuss the terms upon which they might get into the next arrangement otherwise, as an alternative, will get enter a binding agreement and therefore gets productive abreast of expiration of any current private arrangement. (Revised 1/98)

Level of Practice 16-eight

The reality that a possibility have chosen a realtor® as the an exclusive associate or private representative in a single or more previous transactions will not preclude most other Real estate professionals® out-of trying to such as for instance prospect’s upcoming providers. (Amended step 1/04)

Amount of Behavior 16-8

The truth that a private latinfeels dating arrangement could have been joined on which have a realtor® should not prevent otherwise restrict some other Real estate professional® out of entering into the same contract after the expiration of your own earlier in the day contract. (Amended step one/98)

Standard of Behavior sixteen-9

REALTORS®, just before stepping into a reflection contract, keeps a keen affirmative responsibility and come up with reasonable perform to choose if or not the prospect is subject to a current, valid personal agreement to provide the same particular home service. (Amended step one/04)

Level of Routine sixteen-ten

REALTORS®, becoming visitors or occupant agencies otherwise brokers, will divulge that link to the seller/landlord’s user or agent at first contact and you may will promote written verification of this disclosure toward provider/landlord’s associate or broker not after than simply delivery off a purchase agreement otherwise lease. (Amended step 1/04)

Level of Routine 16-eleven

Toward unlisted possessions, REALTORS® becoming customer/occupant agents or agents should reveal that relationship to the seller/property manager to start with get in touch with regarding customer/occupant and you can shall render created verification of these revelation into seller/property owner not later on than performance of any buy or book agreement. (Amended step 1/04)

Degree of Behavior 16-twelve

REALTORS®, becoming representatives or agents out of providers/landlords otherwise since subagents out of record brokers, shall disclose you to definitely relationship to consumers/renters once practicable and you can shall bring created verification away from including revelation so you’re able to buyers/renters maybe not later than delivery of every purchase otherwise book contract. (Revised step one/04)

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