Question: What’s the difference between a real estate client and a real estate customer?
Answer: Quite a bit.
I was with a a customer a few weeks ago and and we had an interesting conversation about the differences between a customer and a client.
Some basic definitions â€¦ from the Code of Virginia:
â€œCustomerâ€ means a person who has not entered into a brokerage relationship with a licensee but for whom a licensee performs ministerial acts in a real estate transaction. Unless a licensee enters into a brokerage relationship with such person, it shall be presumed that such person is a customer of the licensee rather than a client.
â€œClientâ€ means a person who has entered into a brokerage relationship with a licensee.
â€œLicenseeâ€ means real estate brokers and salespersons as defined in Article 1 (Â§Â 54.1-2100 et seq.) of Chapter 21 of this title.
â€œMinisterial actsâ€ means those routine acts which a licensee can perform for a person which do not involve discretion or the exercise of the licenseeâ€™s own judgment. (bolding mine)