Maryland Agency Model Cheat Sheet

📋 The 1-minute cheat sheet

• Required form: 'Understanding Whom Real Estate Agents Represent' disclosure.
• Give the disclosure at first scheduled face-to-face contact with a consumer.
• Agency roles: seller's agent, buyer's agent, and dual agent (with consent).
• Dual agency must be disclosed and agreed to in writing by all parties.
• Intra-company agency can use designated agents within the same brokerage.
• Agents owe clients loyalty, confidentiality, disclosure, and accounting duties.
• Customers (non-clients) are still owed honesty and material-fact disclosure.