Buyers and sellers are required to Cosign an agency representation agreement to effect an agency relationship or a disclosure form acknowledging that they understand which party the real estate agent represents in a transaction.

The Agency Relationship
The agency relationship is based on one person representing the interests of another person. Real Estate agents are licensed by the state to represent a person in the purchase or sale of a property.

The type of relationship formed between the agent and the client is called a fiduciary relationship. A fiduciary relationship is one based on trust because the agent owes the following duties to the client ...

Loyalty
Obedience
Diligence
Disclosure
Confidentiality
Accountability
Reasonable Skill & Care

The responsibility of the real estate agent is defined by the state law relating to agents, the REALTORS® Code of Ethics and general principles of agency law. Connecticut offers four types of agency relationships ...

Buyer Agency
Seller Agency
Dual Agency
Designated Agency