Agency Law - 4.0

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27 Aug

Agency Law

Agency Law

Tuesday, August 27, 2019 (12:30 PM to 4:30 PM)
4.0 CE Hours
Yakima Association of Realtors, Yakima, Washington Class, Courses, Education

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You are the listing agent and seller failed to pump the septic prior to closing. Buyer and buyer''s broker claim it is your responsibility to pump the system now, since seller cannot be found. What do you do? You are buyer''s agent but met with seller when seller was interviewing potential listing brokers. As a result, you know seller is soft on the price. Can you tell your buyer? You are holding an open in your listing when buyers, who just viewed the listing, instruct you to write an offer for them. Can you be a dual agent and do you want to be a dual agent? You are the listing agent and buyer''s broker claims you broke the law by telling other buyers the terms of competing offers. Did you? Buyer you represent instructs you to conceal buyer''s intention to terminate two out of three agreements buyer is entering on three different properties because you owe the buyer fiduciary duties. Is the buyer correct? The Agency Law answers each of these questions and this class will empower brokers to understand and use the Agency Law to answer these and other questions that come up every day in the sale of real estate. No longer will you have to approach one of these difficult situations weakly, hoping to avoid liability. With a decisive understanding of your requirements under the Agency Law, you will be able to boldly resolve challenging, but often distracting issues, and move forward to the productive work of assisting buyers and sellers in reaching their goals.

Yakima Association of Realtors - Training Room
Yakima Association of Realtors (Training Room)
2707 River Road
Yakima, WA 98902

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Annie Fitzsimmons

Annie Fitzsimmons is a lawyer whose entire post-adolescent life has focused on the Washington real estate market place in one form or another. When she was 11 years old, her parents opened a real estate company and she worked in the office first as the cleaning crew, later as a receptionist, bookkeeper and typist and ultimately as a real estate licensee. At age 23, she school at the University of Washington and upon graduating, began her legal career with the Tacoma law firm of Gordon, Thomas, Honeywell, Malanca, Peterson & Daheim. She was one of the firm’s primary residential real property lawyers until 2001 when she left to open her own office and since has served as Washington Realtors Legal Hotline Attorney as well as providing a variety of other legal services for WR. She served on the task force that drafted the Agency Law from 1994 to 1996 and the task force that worked in 2004 and 2005 considering revisions to the Licensing Law, RCW 18.85. She has sued and defended real property owners, buyers, sellers and brokers across the state but has recently made it her personal priority to ensure that no Washington REALTOR® is ever sued again for something they could have avoided. Believing that education is the best way to achieve this goal, she is here today. So, take advantage of her experience and ask questions that are important to you. Raise your hand and focus discussion on issues that are challenging you today.