Customer vs Client in Florida Real Estate
What Are The Differences and Why Is This Important?
Many Florida Real Estate Agents Inadvertently Put Themselves In A Potentially Harmful Situation.
Almost every real estate licensee that I know or have known refers to their customers as their clients. It sounds cool.
At The Climer School of Real Estate, the best real estate school in Orlando, I hear “My client this” and “my client that” all the time. It is something that you are definitely tested on if you want to pass your real estate exam at Pearson Vue.
The problem is according to Florida statute Chapter 475, they don’t have clients. What they have our customers. This is something that is taught in our real estate class every day.
And according to Florida statute Chapter 475, there is a gigantic legal difference between the two. In my opinion, and I am not an attorney although I do love Erin Reagan, I believe that most licensees are putting themselves in a potentially dangerous legal situation. I believe this because of how litigious our society is and because I believe that there are many consumers out there who get their jollies from trying to “catch” and trick“ real estate agents into doing something wrong.
In Florida statute Chapter 475.278 there is something called Authorized Brokerage Relationships. In Florida real estate, there are three of these relationships. The Florida Division of Real Estate (DRE) and the Florida Department of Business and Professional Regulation (DBPR), and the Florida Real Estate Commission (FREC) all know these as well.
Because you must learn this in your real estate class to pass your real estate exam, I just made a video explaining what you need to know to pass your Florida Real Estate Exam. Check it out here:
Unit 4 Authorized Brokerage Relationships, Customer vs. Client