Office RECAD Policy

Dean & Associates Inc specializes in residential home leasing and management.  

Dean & Associates Inc offers the following Brokerage Services:

1. Single Agent

According to the Alabama Real Estate Brokerage Services Disclosure, a Single Agent is a licensee who represents only one party in a sale. That is, a Single Agent represents his or her Client. A Single Agent must be completely loyal and faithful to the Client.

The practical application of Single Agency for Dean & Associates Inc is that a Listing Agency Agreement will be required by all individuals requesting to list their property for rent.

2. Limited Consensual Dual Agent

According to the Alabama Real Estate Brokerage Services Disclosure, a Limited Consensual Dual Agent is a licensee for both the buyer and the seller. This may only be done with the written, informed consent of all parties. This type of agent must also be loyal and faithful to the client, except where the duties owed to the clients conflict with one another.

3. Transaction Broker

According to the Alabama Real Estate Brokerage Services Disclosure, a Transaction Broker assists one or more parties in a sale. A Transaction Broker is not an Agent and does not have the same obligations as an Agent. The Transaction Broker and Licensees working with him or her perform the services set out in their contract.

The practical application of Transaction Brokerage for Dean & Associates Inc shall be as follows:

  1. The Broker’s Agents shall not be required to be a Single Agent to assist Rental Customers (Prospective Tenants) with leasing services.
  2. The Broker’s Agents are not required by Law or the Broker to present the Alabama Real Estate Brokerage Services Disclosure Form to Rental Customers.

Alabama law imposes the following obligations on all real estate licensees to all parties, no matter their relationship:

  1. To provide services honestly and in good faith;
  2. To exercise reasonable care and skill;
  3. To keep confidential any information gained in confidence, unless disclosure is required by law or duty
    to a client, the information becomes public knowledge, or disclosure is authorized in writing;
  4. Present all written offers promptly to the seller;
  5. Answer your questions completely and accurately.