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Role of an agent

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Reference no: EM133269987

Assignment:

Scenario:

The real estate agent will look for new properties on our behalf that meet the needs of our business. Together with the real estate agent, we will look for new spaces that fit our business' needs. They will take into account our spending cap, the size of our business, and any particular requirements we might have. They'll give us a couple options, and we'll decide which one to go with. They will get back to us once they have determined many choices for action so we may choose which one to take. They will assist us in negotiating the price of the property as well.

Question:

Agency, including:

  • The role of an agent
  • What happens if the real estate agent makes a deal with a landlord that goes against your instructions - who is liable? Do you have to honour the agreement made by the real estate agent on your behalf? Why or why not?

Reference no: EM133269987

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