Description

Hey everyone, welcome back to the Kansas City Real Estate Podcast! I’m your host, Joe Stephenson, and in today’s episode, we’re diving into one of the most tested and most essential topics for your Kansas real estate exam, Brokerage Relationships under the BRRETA law (that’s the Brokerage Relationships in Real Estate Transactions Act).

Here’s what you’re about to learn.

What BRRETA is and why it matters the moment you start talking real estate with a client , especially when you’re required to hand over that “Real Estate Brokerage Relationships” brochure.

The three types of brokerage roles in Kansas.

• Seller’s Agent – full fiduciary to the seller

• Buyer’s Agent – full fiduciary to the buyer

• Transaction Broker – assists both sides, but doesn’t represent either

And here’s the Kansas twist: unless there’s a written agreement, you're legally defaulted to a transaction broker, which means you can’t offer advice or negotiation strategies.

• We’ll also walk through the exceptions to when that disclosure brochure is required, like in commercial deals, FSBOs, and simple property inquiries.
• You’ll get clear on what needs to be in writing and when, including buyer vs. seller agency rules, confidentiality clauses, and expiration dates.
• And finally, we’ll explain why Kansas doesn’t allow dual agency and how to handle it using the Transaction Broker Addendum (TBA) form.

If you’re prepping for the Kansas exam or just want to avoid rookie compliance mistakes, this episode is a must-listen.

So hit that subscribe button, grab your notes, and let’s get you real estate ready for the Kansas market one law at a time.