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*Non-agency relationship*: where no written agreement nor fiduciary
relationship exists, a real estate broker (and his agents) works with a
principal who is then known as the broker's customer. When a buyer, who has
not entered into a Buyer Agency agreement with the broker and buys a
property, then that broker functions as the sub-agent of the seller's
broker. When a seller chooses to work with a transaction broker, there is no
agency relationship created.
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