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A safety clause in the fee provision of a listing agreement extends for an additional period after the listing expires the right of a broker to earn a fee for the time and money the broker and his listing agent invest during the listing period in their effort to market the listed property and locate a buyer.
The agent must put the seller's interests first and negotiate for the best price and terms for the seller. The agent must, however, disclose any known material defects about the prop-erty to the buyer. Buyer Agent: A buyer can engage the serv-ices of a real estate agent to purchase prop-erty. The real estate agent is then the agent for the buyer.