Duties of seller's agent

Act 9 of 1980, § 606.2, under REAL ESTATE LICENSING AND REGISTRATION ACT.

Act 9 of 1980, § 606.2

Section 606.2. Duties of seller's agent.

In addition to the duties generally required of a licensee as set forth in section 606.1, the duties of the broker acting as an agent for the seller include the following:

(1) to be loyal to the seller by taking action that is consistent with the seller's interest in a transaction; and

(2) to make a continuous and good faith effort to find a buyer for the property, except that a seller's broker is not obligated to seek additional offers to purchase the property while the property is subject to an existing agreement for sale.

(606.2 added Nov. 25, 1998, P.L.908, No.112)