Q: Our office acts as single agent for the seller of a million-dollar house. The seller has indicated she won’t sign a consent to transition to a transaction broker form if our office finds a buyer. Since this is a million-dollar property, may our broker designate sales associates to act as single agents for the seller and the buyer in the same transaction?
A: No. Section 475.2755, Florida Statutes (Designated Sales Associate Law), does not apply to residential sales, as defined in 475.278. Therefore, your office can only act as a single agent for one party (in this case the seller to the transaction.)