Dear Monty: We live in Florida. A real told us that all real estate agents here are transactional agents. They said it is impossible to have a buyer agent or a seller agent in Florida. Many people have depended on real estate agents to recommend a home inspector. Should prospective buyers ask a transactional agent for a list of required inspector certifications if there is no agency relationship? Can a transactional agent’s recommendation be trusted? Or are we on our own?
Monty’s Answer: The real estate agent who told you that is incorrect or has misunderstood. As I understand Florida law, only one “agent” can be in a real estate transaction. That means agency relationships can and do exist. Here is a link to 475.272 Purpose in the Florida statute.
