1,713,581
Read your book and ask the teacher since you are paying them.
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Harry F. D'Elia III
Phoenix, AZ
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Inna Ivchenko
Encino, CA
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Debe Maxwell, CRS
Charlotte, NC
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Ron and Alexandra Seigel
Carpinteria, CA
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Sandy Padula & Norm Pa...
, CA
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Nina Hollander, Broker
Charlotte, NC
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Nina Hollander, Broker
Charlotte, NC
1,751,737
Please read Chapter 1, Agency Relationships
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Kathleen Daniels, Prob...
San Jose, CA
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Debe Maxwell, CRS
Charlotte, NC
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Ron and Alexandra Seigel
Carpinteria, CA
1,650,336
I do not see any reaction on the answers you already received. Do you read any of them?
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Kathleen Daniels, Prob...
San Jose, CA
5,774,100
Time to hit the books? Seriously you will learn so much more doing your own research, and it will stick in your head. A
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Debe Maxwell, CRS
Charlotte, NC
809,308
The difference is whether the other party knows it is partially disclosed or undisclosed. For example, I could tell you that I have a buyer for your property that I am working on the behalf of but his/her identity remains anonymous so you know there is another party to the transaction but you do not know who it is. Or, I could tell you I want to buy your property but I am actually doing it on behalf of another person but you do not know I am doing that and possibly then I assign the contract to that other party at closing.
I have been a part of a partially disclosed principal one time in my career. This usually only occurs with parties that are well known and don't want their identity to interfere with the negotiations. It is messy and potentially a risk & liability and for just the average agent does not come up very often and if it does it is really important to have your broker and a contract attorney involved or refer it to someone else who knows how to do it. -Kasey
UPDATE: Debe Maxwell, CRS makes a very good point. State practices and laws vary so it is exceedingly important that you are learning your own state rules, regulations and laws.
I still don't know how you are taking a pre-license course online. Do states actually allow that???
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Debe Maxwell, CRS
Charlotte, NC
1,045,965
I am really confused lately I keep seeing very old questions sometimes anyone know why? Hope you found your answer but I doubt anyone will see my answer since the question is so old
6,686,416
602,025
1,538,444
3,074,389
3,430,137
I doubt the laws in my state are the same as other states ... so we need to be careful as to not misguide you.
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Kasey & John Boles and the team at Jon Gosche Real Estate, LLC helped you out.
1,618,024
4,800,282
4,322,035
Corey Christiansen - I have not worked with either partially disclosed or fully undisclosed principal - yet.
5,275,713
Please take time to do your own research..it's amazing how much you will learn.
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This is way too complicated even for a 37 year veteran in the business. Don't fret this kind of stuff.
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It is time for you to read your materials and the laws and regulations in your state.
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1,466,257
Corey Christiansen Check out Kasey & John Boles and the team at Jon Gosche Real Estate, LLC 's answer.
5,486,412
I wouldn't ask that question to an audience of mostly non-Utah agents - state laws may vary. Your instructor should be giving you these answers instead of throwing you to the wolves!
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You are better off doing your own research on this. And perhaps discussing with your teacher. I have no examples of either for you
5,482,827
5,311,791
I have no such examples... why don't you ask your instructor for clarification?