Missouri Agency Model Quick Reference

📋 The 1-minute cheat sheet

• Brokerage relationship options: seller agent, buyer agent, dual agent, designated agent, transaction broker, and subagent.
• A licensee must make required written brokerage disclosures to clients and customers.
• The Broker Disclosure form is used to disclose the brokerage relationship to the parties.
• Dual agency and designated agency require informed written consent of the affected parties.
• A transaction broker assists parties without acting as an advocate or agent for either side.
• Licensees owe statutory duties of honesty, confidentiality, and accounting consistent with the relationship.
• Disclosure of the relationship should occur at the appropriate point in the transaction.