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Dual Agency
An agency representation agreement must be signed every time a buyer or seller works with a different company to view real estate property.
Dual Agency occurs when a Buyer's Agent shows a property to a buyer that is also represented by that REALTORS®'s firm, or when the Listing Agent shows real estate to a buyer who is also represented by the same firm. In Dual Agency situations, both the buyer and seller will be asked to sign a consent agreement. A Dual Agent owes both the buyer and seller equal representation and must ...
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Treat both parties fairly. |
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Not knowingly represent one party to the detriment of the other. |
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Disclose facts each party needs to make an informed decision. |
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To assist, as the Buyer and Seller are empowered to negotiate on their own behalf. |
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Assure confidentiality on each party's price, terms and personal information. |
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