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Consumer Resources

In New Jersey, there are four brokerage business relationships: seller’s agent, buyer’s agent, disclosed dual agent and transaction broker. Each of these relationships imposes certain legal duties and responsibilities on the licensee, as well as the seller or buyer represented.

All four of these types of agents must be licensed by the REC. Agents are required to demonstrate, to the Real Estate Commission’s satisfaction, that they are honest, trustworthy and of good character and integrity in order to obtain a license.

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