Hi Steve,
You cannot represent both owner and tenant, you can only represent only ONE party and you have to choose who to represent. Then the party you have decided to represent will pay you the commission. Do remember to make clear to both parties who is your client so that when there are conflicts arising, you will not have a conflict of interest with your client.
Please remember in all future deals, you can only represent one party in all transactions. For the party that has no representing agent, you can advise and teach them what to do but your stand must be clear. In CEA's context, there is no such thing as representing both owner and tenant or owner and buyer, although I know you only have intention to collect from one party.
Happy closing and happy holidays!
Best Regards,
Jeffrey Heng
Senior Team Director
ERA Realty Network Pte Ltd
Property Navigators (The #1 Team in ERA for 2009 and 2011)
Mobile :
9858 1322
Email : hengjeffrey@gmail.com
Web : www.jeffreyheng.com
Read More
