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Old 01-14-2013
Minnewaska Minnewaska is offline
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Re: No Sea Trial

Quote:
Originally Posted by jameswilson29 View Post
Here is the definition of "Agent" from Black's Law Dictionary: "A person authorized by another (principal) to act for or in place of him; one intrusted with another's business." (Black's Law Dictionary, 6th Ed. 1991).

.....As a buyer looking at boat listings, you should reasonably assume the listing broker is an agent of the seller until you discover otherwise.
The bolded section is the point.

I've never known a broker that was authorized to act for or in place of the seller, so why would you assume they are an agent of the seller? They are the representative of the seller, they work for the seller, but they're not the seller's agent. They have no authority.
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