Maine Real Estate | Agency Relationships
Maine Home Connection
Home Home About Us About Us Contact Us Contact Us
Buyers Sellers Stats Maine Blog Home Valuation Properties
Explore Communities
Search All Properties
Weekly Open House
Local Lifestyle Videos
Your Home's Value
Waterfront Real Estate
Moving to Maine?
Featured Listings
Home Finance & Mortgage
Retirement in Maine
Real Estate Investing
Featured Properties
Enter a keyword to search the site

Features & Services
Your Home's Value My Home's Value:
Receive a Report of  Your Home's Value 
New Construction Green Homes: 
Guidelines, Builders, Green Homes
Your Homes Value Market Insights:
Current Home Sales Reports & Statistics 
Sold Properties Sold Data:
View All Recent Home Sales History
Left-Marketing Home Marketing:
MHC Imagine More Home Marketing 
...Manage Your Account
Login Existing Users:
Login with your email address only
Existing Users New Users: 
Simple signup to view   all Maine properties.
Contact Us Contact Us:  
Call or email us with your questions.
Newsletter Signup

Home Buying Agency Relationships

Understanding Real Estate Agency in Maine 

If you are considering buying or selling residential real estate in Maine it is important for you to understand that state law provides for different levels of brokerage services. You should decide whether you want to be represented in a transaction (as a client) or not (as a customer). The following information should assist you in making that determination.

Maine law requires that all real estate brokerage companies and their affiliated agents and brokers to perfrom certain basic duties when dealing with a buyer or seller. There customer-level services include: 1) To disclose all material defects pertaining to the physical condition of the property; 2) To treat both the buyer and seller honestly and 3) To comply with all state and federal laws pertaining to real estate brokerage activity.

If you want to enter into a client-agent relationship, several different options are available:

Seller's Agent

If you engage the services of a Listing agent to sell your property, you become the broker's client. That agent then represents you, the seller, and owes you undivided loyalty, confidentiality, and accountability. In negotiating for the best price and terms, your interests first are the agent's first priority.

Buyer's Agent

You may engage the services of a agent to represent you exclusively as a buyer of real property. In this case, the agent represents you and is accountable to you only. He or she must obey your instructions, and keep confidential anything you tell divuldge that may affect your purchase of real property. In negotiating for the best price and terms, the agent must always put your interests first, just as in the case of the selling agent.

Disclosed Dual Agent

An agent can work for both the buyer and the seller on the same transaction, providing that there is consent of both writing! In this case, the agent is considered a "Disclosed Dual Agent." This agent then owes both the seller and the buyer a duty to deal with them fairly and honestly, and to hold each of their respective interests in confidence. In this type of agency relationship, the angent does not represent either the seller or the buyer exclusively, and neither party can expect the agent to put one party's interests ahead of the other's, or to advise either party on how to gain an advantage over the other. Undisclosed Dual Agency by a broker is illegal.

Documents to Download 

Below are examples of common documents used in the purchase of a home. Included are the standard Form 3 (which outlines agency relationships) and a Residential Transaction Booklet.

Our Total Home Buying Program reviews more of our client services and the Residental Property Transaction Booklet.

download icon
Donwload any of the documents below as a PDF.

 Real Estate Relationships - Form3
 Residential Property Transaction Booklet
 Offer - Counteroffers Guidelines
 Arsenic and Lead Paint Information
 Fair Housing Guidelines
 Title Insurance




Buying Your Home Heart and Mind Buyer Agency
Exclusive Services Agency Relationships Title Insurance
Home Buying Process Advice and Strategy
Affect of the Economy Determining A Price First Time Buyers Viewing Homes Second Homes Home Search Strategy Waterfront Real Estate
Common Forms
Selling Your Home Your Home's Value Home Marketing
Digital Photography High Definition Video Property Storyboard Virtual Staging Internet Marketing
Pricing Factors Advice and Strategy
Counteroffers Establishing a Price Listing Agreements Feng Shui Principles Considering Repairs Value of Improvement Choosing A Realtor Common Mistakes
Home Selling Process
Maine Maine History Maine Geography Maine Economy Maine Demographics Maine Education Maine Climate Maine Beaches
Maine Real Estate Blog
Home Valuation
Search for Properties Virtual Home Buying Hyper Local Search
Maine Communities Portland South Portland Scarborough Falmouth Cape Elizabeth Cumberland Yarmouth Old Orchard Beach Freeport Harpswell
Search For Homes Maine Map Search Detailed Property Search Search By Address Search By MLS Number
Open House
Local Lifestyle Videos
Home Valuation
Waterfront Real Estate Coastal Maine
Maine Coastal Properties
Maine Lakes
Maine Lake Properties
Casco Bay Islands Maine Rivers Waterfront - FAQ's
Relocation Services Relocation Package Maine Counties Quality of Life Education and Schools Art and Culture Property Tax Rates Common Relocation FAQs Moving Long Distance
Mortgage Center Calculator Mortgage Types Credit Scoring Fee & Closing Costs Mortgage FAQs
Retirement in Maine Retirement Planning Retirement Communities Changing Demographics
Real Estate Investing Vacation Homes 1031 Tax Exchanges Condos and Townhomes Remodeling: Cost vs Value