Straub & Associates Real Estate Group
Straub & Associates Real Estate Group

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CONSUMER NOTICE
THIS IS NOT A CONTRACT
In an effort to enable consumers of real estate services to make informed decisions about the
business relationships they may have with real estate brokers and salespersons (licensees), the Real
Estate Licensing and Registration Act (RELRA) requires that consumers be provided with this
Notice at the initial interview.
• Licensees may enter into the following agency relationships with consumers:
Seller Agent
As a seller agent, the licensee and the licensee’s company works exclusively for the
seller/landlord and must act in the seller’s/landlord’s best interest, including making a continuous
and good faith effort to find a buyer/tenant except while the property is subject to an existing
agreement. All confidential information relayed by the seller/landlord must be kept confidential
except that a licensee must reveal known material defects about the property. A subagent has the
same duties and obligations as the seller agent.
Buyer Agent
As a buyer agent, the licensee and the licensee’s company work exclusively for the
buyer/tenant even if paid by the seller/landlord. The buyer agent must act in the buyer/tenant’s best
interest, including making a continuous and good faith effort to find a property for the buyer/tenant,
except while the buyer is subject to an existing contract, and must keep all confidential information,
other than known material defects about the property, confidential.
Dual Agent
As a dual agent, the licensee works for both the seller/landlord and the buyer/tenant. A dual
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agent may not take any action that is adverse or detrimental to either party but must disclose known
material defects about the property. A licensee must have the written consent of both parties before
acting as a dual agent.
Designated Agent
As a designated agent, the broker of the selected real estate company designates certain
licensees within the company to act exclusively as the seller/landlord agent and other licensees
within the company to act exclusively as the buyer/tenant agent in the transaction. Because the
broker supervises all of the licensees, the broker automatically serves as a dual agent. Each of the
designated licensees are required to act in the applicable capacity explained previously.
Additionally, the broker has the duty to take reasonable steps to assure that confidential information
is not disclosed within the company.
• In addition, a licensee may serve as a Transaction Licensee.
A transaction licensee provides real estate services without having any agency relationship
with a consumer. Although a transaction licensee has no duty of loyalty or confidentiality, a
transaction licensee is prohibited from disclosing that:
• The seller will accept a price less than the asking/listing price,
• The buyer will pay a price greater than the price submitted in the written offer, and
• The seller or buyer will agree to financing terms other than those offered.
Like licensees in agency relationships, transaction licensees must disclose known material defects
about the property.
• Regardless of the business relationship selected, all licensees owe consumers the duty to:
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• Exercise reasonable professional skill and care which meets the practice standards
required by the RELRA.
• Deal honestly and in good faith.
• Present, as soon as practicable, all written offers, counteroffers, notices and
communications to and from the parties. This duty may be waived by the seller
where the seller’s property is under contract and the waiver is in writing.
• Comply with Real Estate Seller Disclosure Law.
• Account for escrow and deposit funds.
• Disclose, as soon as practicable, all conflicts of interest and financial interests.
• Provide assistance with document preparation and advise the consumer regarding
compliance with laws pertaining to real estate transactions.
• Advise the consumer to seek expert advice on matters about the transaction that
are beyond the licensee’s expertise.
• Keep the consumer informed about the transaction and the tasks to be completed.
• Disclose financial interest in a service, such as financial, title transfer and preparation
services, insurance, construction, repair or inspection, at the time service is
recommended or the first time the licensee learns that the service will be used.
• The following contractual terms are negotiable between the licensee and the consumer and must
be addressed in an agreement/disclosure statement:
• The duration of the licensee’s employment, listing agreement or contract.
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• The licensee’s fees or commission.
• The scope of the licensee’s activities or practices.
• The broker’s cooperation with and sharing of fees with other brokers.
• All sales agreements must contain the property’s zoning classification except where the property
is zoned solely or primarily to permit single family dwellings.
• The Real Estate Recovery Fund exists to reimburse any person who has obtained a final civil
judgment against a Pennsylvania real estate licensee owing to fraud, misrepresentation, or deceit
in a real estate transaction and who has been unable to collect the judgment after exhausting all
legal and equitable remedies. For complete details about the Fund, call (717) 783-3658.
Before you disclose any financial information to a licensee, be advised that unless you select a
business relationship by signing a written agreement, the licensee is NOT representing you. A
business relationship is NOT presumed.
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______________________________________________________________________________
ACKNOWLEDGMENT
I acknowledge that I have received this disclosure.
Date: _________ ______________________ _______________________
(Consumer’s printed name) (Consumer’s signature)
Date: _________ ______________________ _______________________
(Consumer’s printed name) (Consumer’s signature)
I certify that I have provided this document to the above consumer during the initial
interview.
Date: __________
_______________________ ______________________ ___________
(Licensee’S PRINTED NAME) (LICENSEE’S SIGNATURE) (LICENSE #)
Adopted by the State Real Estate Commission at 49 Pa. Code §35.336.
* * * * *

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What our clients are saying  

The purchasing and/or selling of a home can be a deeply emotional experience. Recently, my wife and I purchased our “forever home” and the selling of my former home was the most positive experience due to the efforts of Tim Straub. Most important to my wife and I was the fact that Tim was always honest with us in regards to what we needed to know. If anyone is ever looking for a realtor who is BEST IN CLASS and truly has your best interests at heart look no further than Tim Straub!

 

~ Kevin R.

Rachel was very helpful and responded immediately to any questions or concerns we had. She helped us to find a lender for the purchase of our home and a great interest rate.

 

~ Alicia Belk

Rachel was great. Very prompt in responses and patient with our million questions through our first ho me buying experience. Closing went smoothly and more importantly we felt comfortable with all parties present.

 

~ Shanea Arnold

We found the house of our dreams in Hershey while on vacation in the OBX. Tons of investors interested and worried it would be gone. We called Tim, set up a showing, put an offer in Monday morning and it was accepted within hours. He recommended a 203k loan and explained the process. We were able to get all the work done immediately to the house AND the pool completely overhauled. He was always available to answer questions and went above and beyond what is expected of a realtor. He offered solutions to every obstacle and was very positive and encouraging when we were ready to give up. We would absolutely recommend him to anyone looking to buy or sell. He’s upfront about everything, great at negotiating, and is a walking book of real estate knowledge. I can’t think of a single negative thing to criticize over the course of 6 weeks (and we talked A LOT). Thanks for all your time and effort Tim! The best thank you we can give is sending everyone we know looking to buy or sell to you!

 

~ Matt & Darcie

Rachel helped our family find our dream home. She was wonderful to work with and she accommodates your busy work schedule when searching for a home. Rachel also listed, had the house under contract, and sold the house in less than a week. I highly recommend Rachel as your buying agent!

 

~ Holly Lumbard

PROFESSIONAL, SINCERE AND TAILORED TO OUR NEEDS Tim helped us search for a house according to what was important to us. He had great insight and suggestions from his own experience. He gave suggestions we did not even know were available. We really appreciated his expertise, friendliness, genuineness and great customer service in our process of home purchasing and home renovating.

 

~ Peter J.

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