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information that would place one party at an advantage over the other, or advocate or negotiate to the detriment of either
<br />party.
<br />If dual agency occurs, then you will be asked to consent to it in writing. If you do not agree to dual agency, then you may ask
<br />for another agent in Howard Hanna to represent you, or you may seek representation from an attorney or another brokerage.
<br />As a buyer, you may choose to represent yourself on properties that Howard Hanna has listed. In this case, Howard Hanna
<br />will represent the seller and you would represent your own best interests. However, the listing agent will still be able to
<br />provide you with non -confidential information, prepare and present offers at your direction and assist you in the financing
<br />and closing process. Because the listing agent has a duty of full disclosure to the seller, you should not share any
<br />information with the listing agent that you would not want the seller to know. A Howard Hanna licensee who holds an open
<br />house on behalf of a Howard Hanna seller's listing agent will be considered a "host" and not the seller's agent unless it is
<br />agreed to in writing or otherwise required by law.
<br />Working with Other Brokerages: When Howard Hanna lists a property for sale, you will be offered the opportunity to pay
<br />some or all of a buyer broker's compensation with brokerages that represent buyers. Broker fees and commissions are not set
<br />by law, are fully negotiable, and may be paid by the seller, the buyer, or a third party, or by sharing or splitting the fees and
<br />commissions between brokers. As a seller, you should understand that your offer to pay some or all of a buyer broker's
<br />compensation does not mean that you will be represented by that brokerage. Instead, the buyer's brokerage and agent will be
<br />obligated to advance the buyer's interests and Howard Hanna will represent your interests. When another Howard Hanna
<br />agent is acting as a buyer's agent, Howard Hanna also accepts compensation offered by you to compensate that Howard
<br />Hanna buyer's agent. If the property is not listed by another broker, or the listing broker does not offer compensation, then
<br />Howard Hanna agent, representing a buyer, may attempt to negotiate for a Seller -paid fee.
<br />Compensation for Brokerage Services: If you are a seller represented by Howard Hanna, at closing you will pay listing
<br />compensation as described in your Purchase Agreement and/or Exclusive Right to Sell Agreement. This compensation
<br />typically consists of both a Broker flat fee ($350) and a percentage of the purchase price. The percentage component is paid
<br />to Howard Hanna and will be shared with your individual agent and a portion can be offered to a buyer's broker with your
<br />consent. The flat fee amount is retained by Howard Hanna. Both components are for all the general brokerage services
<br />Howard Hanna has available and/or provides to you as the seller, including any sharing of compensation with the buyer's
<br />brokerage. If you are a buyer represented by Howard Hanna, you will pay buyer broker compensation as described in your
<br />Exclusive Buyer Representation Agreement you have with Howard Hanna. The compensation for buyer broker services
<br />typically consists of both a Broker flat fee ($350) and a percentage of the purchase price. Howard Hanna shares the
<br />percentage component with your individual agent and the flat fee is retained by Howard Hanna. Both components are for all
<br />the general brokerage services Howard Hanna has available and/or provides to you as a buyer. In the event a seller or listing
<br />broker is offering buyer broker compensation, you will receive a full credit on the amount you owe Howard Hanna from the
<br />compensation received. if you as a buyer wished to proceed in a transaction where there was no offering of buyer broker
<br />compensation, then you could be asked to pay both the flat fee and a percentage of the purchase price for services to
<br />rendered to you.
<br />Fair Housing Statement: It is illegal, pursuant to the Ohio Fair Housing Law, division (H) of Section 4112.02 of the
<br />Revised Code and the Federal Fair Housing Law, 42 U.S.C. 3601, as amended, to refuse to sell, transfer, assign, rent, lease,
<br />sublease, or finance housing accommodations, refuse to negotiate for the sale or rental of housing accommodations, or
<br />otherwise deny or make unavailable housing accommodations because of race, color, religion, sex, familial status as defined
<br />in Section 4112.01 of the Revised Code, ancestry, military status as defined in that section, disability as defined in that
<br />section, or national origin, or to so discriminate in advertising the sale or rental of housing, in the financing of housing, or in
<br />the provision of real estate brokerage services. It is also illegal, for profit, to induce or attempt to induce a person to sell or
<br />rent a dwelling by representations regarding the entry into the neighborhood of a person or persons belonging to one of the
<br />protected classes.
<br />We hope that you find this information helpful as you begin your real estate transaction. When you are ready to enter into a
<br />transaction, you will be given an Agency Disclosure Statement that specifically identifies the role of the agents and
<br />brokerage(s). Please ask questions if there is anything that you do not understand.
<br />Because it is important that you have this information, Ohio law requires that we ask you to acknowledge receipt of this
<br />Consumer Guide. Your "Acknowledgment of Receipt" of this Consumer Guide is not a contract and does not obligate you to
<br />Howard Hanna in any way.
<br />HHOH Consumer Guide to Agency Relationships 10/24/2024
<br />VL SOM
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