What is the difference between a single agency relationship and a transaction brokerage relationship in Alabama?

What is the difference between a single agency relationship and a transaction brokerage relationship in Alabama?

In Alabama, an agency relationship can only be established through a written agreement. Without a written agreement, the default relationship is a transaction brokerage relationship, as stated in Alabama Code 34-27-82.

  • In a single agency relationship, this relationship is established using:

    • Form 1.1(A): Exclusive Agency Listing Agreement
    • Form 1.1(B): Exclusive Agency Lot-Land Listing Agreement
    • Form 1.2: Buyer Agency Agreement

  • In a transaction brokerage relationship, this relationship is established using:

    • Form 1.3(A) Transaction Brokerage Agreement for Sellers
    • Form 1.3(B) Transaction Brokerage Agreement for Buyers

      Form 1.3(A) can be found pre-loaded into the Dotloop templates associated with the list side and form 1.3(B) can be found pre-loaded in the templates associated with the buy side. You can also add these documents to any loop by following these instructions:

      click "Add Document" 
      click "Templates"
      click the folder containing the desired document
      check the box to the left
      click copy


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