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Florida: Questions Involving Duties of a Transactional Broker and Differences between an Appraisal versus Inspection

  1. Does the real estate agent have to disclose to the seller that they are also representing the buyer?

  2. Does a conflict of interest waiver need to be signed?

  3. What does “dealing and honestly and fairly” mean in terms of a transactional broker?

  4. And finally, in Florida on a USDA loan, I am assuming the lender decides through an appraisal what they want repaired. Is it commonplace to instead take the private inspection report and say that everything will be required for financing? This includes, for example, hanging drywall in the garage and replacing rotten fascia board.

Thank you.

submitted by /u/LittleMissPotatoe
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source https://www.reddit.com/r/RealEstate/comments/l8zqfe/florida_questions_involving_duties_of_a/
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