This course introduces the concept of agency. We will discuss what agency means with regard to real estate in Michigan. Particular emphasis will be placed on types of agency and relationships, as well as express and implied agency. We will examine the duties of an agent as they relate to clients, customers, buyers, and sellers and we will discuss the Michigan Agency Disclosure form and how it applies to agency relationships. Lastly, we will also investigate contracts and leases and the characteristics of each. Upon completion of this course, you will have gained a thorough understanding of the purpose of Agency and you will be equipped with the knowledge necessary to ensure that you are adhering to real estate regulations.
