Table of Contents
Last Updated: February 10, 2026
Florida law (Section 475.278, Florida Statutes) requires real estate licensees to clearly explain the types of brokerage relationships available to consumers.
This page is provided for general informational purposes to help you understand your options. It is not a substitute for the official written disclosure required during a real estate transaction.
Types of Brokerage Relationships in Florida
1. Single Agent (Full Representation)
In a Single Agent relationship, the brokerage represents either the buyer or the seller with full fiduciary duties.
Duties include:
- Dealing honestly and fairly
- Loyalty
- Confidentiality
- Obedience to lawful instructions
- Full disclosure
- Accounting for all funds
- Skill, care, and diligence in the transaction
- Presenting all offers and counteroffers in a timely manner
Single Agency provides the highest level of representation under Florida law.
2. Transaction Broker (Limited Representation)
In a Transaction Broker relationship, the brokerage provides limited representation to a buyer, seller, or both parties in the same transaction.
Duties include:
- Dealing honestly and fairly
- Accounting for all funds
- Using skill, care, and diligence
- Presenting all offers and counteroffers in a timely manner
- Limited confidentiality (as defined by law)
- Disclosing known facts that materially affect the value of residential real property
A Transaction Broker does not provide the full fiduciary duties of loyalty or full confidentiality to either party.
3. No Brokerage Relationship
In limited situations, a real estate licensee may provide services without representing either party. In this case, the licensee has only limited duties as defined by Florida law.
How MARs Realty Services Operates
MARs Realty Services may operate as either a Single Agent or a Transaction Broker, depending on the circumstances of the transaction and the written agreement signed by the parties.
The type of brokerage relationship will always be clearly disclosed in writing before or at the time of entering into a brokerage agreement, as required by Florida law.
We believe informed clients make confident decisions. If you have questions about brokerage relationships or representation options, we are happy to discuss them with you.
MARs Realty Services
Marcus Ruggiero, Broker
License #: [BK3560162]
Brokerage License #: [CQ1073992]
This notice is provided for general informational purposes only and does not replace the official brokerage relationship disclosure forms required under Florida law