The SC Real Estate License Law, in Section

40-57-139 (A) (1) and (2), requires a real estate

licensee to provide you this brochure and a

meaningful explanation of agency relationships

offered by the licensee's Company. This must be

done at the first practical opportunity when you

and the licensee have substantive contact.

Before you begin to work with a real estate

licensee, it is important for you to know the

difference between a broker-in-charge and

associated licensees. The broker-in-charge is the

person in charge of a real estate Company.

Associated licensees may work only through a

A real estate Company and its associated

licensees can provide buyers and sellers valuable

real estate services, whether in the form of basic

representation. The services you can expect will

depend upon the legal relationship you establish

with the Company. It is important for you to

discuss the following information with the real

estate licensee and agree on whether in your

South Carolina license law defines customers as

buyers or sellers who choose NOT to establish an

agency relationship. The law requires real estate

as customers:

on your behalf

to be provided

information

property or the transaction which are within the

licensee's knowledge.

Customer service does not require a written

agreement; therefore, you are not committed to

the Company in any way.

Clients receive more services than customers. If

client status is offered by the real estate Company,

you can become a client by entering into a written

agency agreement requiring the Company and its

associated licensees to act as an agent on your

behalf and promote your best interests. If you

choose to become a client, you will be asked to

confirm in your written representation agreement

that you received this brochure in a timely

manner.

A seller becomes a client of a real estate company

by signing a formal listing agreement with the

Company. For a seller to become a client, this

agreement must be in writing and must clearly

establish the terms of the agreement and the

obligations of both the seller and the Company

which becomes the agent for the seller.

A buyer becomes a client of a real estate Company

by signing a formal buyer agency agreement with

the Company. For a buyer to become a client, this

agreement must be in writing and must clearly

establish the terms of the agreement and the

obligations of both the buyer and the Company

which becomes the agent for the buyer.

If you enter into a written agency agreement, as a

Client, you can expect the real estate Company to

provide the following client-level services:

Client-level services also include advice, counsel

and assistance in negotiations.

When the Company represents only one client in

the same transaction (the seller or the buyer), it is

called single agency.

Dual Agency exists when the real estate Company

has two clients in one transaction ? a seller client

and a buyer client.

At the time you sign an agency agreement, you

may be asked to acknowledge whether you would

consider giving written consent allowing the

Company to represent both you and the other

client in a disclosed dual agency relationship.

In a disclosed dual agency, the Company's

representation duties are limited because a buyer

and seller have recognized conflicts of interest.

Both clients' interests are represented

Company. As a disclosed dual agent, the

buy or the seller/client to sell. Each Dual Agency

• Does this Company represent both buyers and

• If so, what are the choices if two clients

• What duties will the Company continue to

agreement. Remember, however, that until you

• Can I work with other Companies during the

• What will happen if I buy or sell on my own

• When will this agreement expire?

• How will the Company be paid for its services?

• You can choose to remain a customer and

• You can choose to hire the Company for

• If represented by the Company, you can decide

Telephone: (803) 896-4400

Fax: (803) 896-4404