Buyer and Seller Agency in Michigan

Michigan has a law regarding buyer and seller agency.  As a Michigan realtor it is required of me to identify with a new customer who I am working for, buyer or seller? 

If the home I am showing to a customer is my listing I have already established agency as the sellers agent. What that means is I can not reveal any confidential information about the seller to that customer.

If the home I am showing is not my listing, I can at that point, ask the customer if they would like me to work for them as their buyer's agent.  Once buyer agency is established I am obligated by law to not reveal any confidential information about that buyer to a sellers agent.

Dual agency is when I have already established separate agency with a seller and a buyer, this means I can not reveal any confidential information about either party or negotiate for either party, I become a neutral party to both buyer and seller.  I can write up an offer and counter-offers for each party, I just can not advise either party how to negotiate.  

If this sounds all too complicated, don't hesitate to contact me at carol.young@cbgreatlakes.com for more information.  

Thank you for taking the time to read my blog and remember Northern Michigan is the place to be!

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Carol Young

Carol Young

Realtor
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