If a salesperson may provide services to a party under the new law without being appointed, why would a broker want to appoint a salesperson to work with a party?

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  • If a salesperson may provide services to a party under the new law without being appointed, why would a broker want to appoint a salesperson to work with a party?

Appointment following the procedures set out in the new law would permit the salesperson to provide a higher level of service. The appointed salesperson may provide advice and opinions to the party to whom the salesperson is assigned and is not subject to the intermediary’s statutory duty of not acting so as to favor one party over the other.

Source: TAR

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