Whom does your REALTOR® represent?

When working with a licensed real estate professional, it is important for you to know whether he or she is working for you as your representative or simply working with you. Rhode Island law requires a broker or salesperson who is assisting you to provide you with a Mandatory Real Estate Relationship Disclosure form which defines the different types of Real Estate Relationships. Rhode Island law presumes that all real estate licensees are acting as Neutral Transaction Facilitators unless otherwise stated on the required Manadatory Real Estate Disclosure form.

View Manadatory Real Estate Disclosure form

Types of Real Estate Relationships

NEUTRAL TRANSACTION FACILITATOR - A Neutral Transaction Facilitator is a real estate licensee who provides assistance to a buyer, seller, tenant, or landlord, or both, in a real estate transaction as a neutral facilitator who does not represent you.

DESIGNATED CLIENT REPRESENTATIVE - A Designated Client Representative is a real estate licensee who represents a buyer, seller, tenant, or landlord in a real estate transaction and advocates on your behalf.

NEUTRAL DUAL FACILITATOR - A neutral Dual Facilitator is an individual real estate licensee who assists a buyer and seller or tenant and landlord in the same transaction and must be neutral as to any conflicting interests between the parties to the transaction.

NEUTRAL TRANSACTION COORDINATOR - A Transaction Coordinator is a principal broker or his or her designee who supervises a real estate transaction in a neutral capacity.

Other Resources:

• Ten Questions to Ask When Choosing a Real Estate Professional
• Rhode Island Real Estate Representation Brochure - PDF