The do's and don'ts of dual agency
The Dos and Don'ts Of Dual Agency | Chicago Association of ...
Dual Agency is when you will be representing both parties in the same transaction and act as a fiduciary for both. Extreme care must be taken ...
The do's and don'ts of dual agency - Chicago Agent Magazine
In a dual agency relationship, the agent has a fiduciary duty to both the seller and the buyer — a lawful obligation to act in each client's ...
Dual Agency: What Buyers Should Know | Rocket Mortgage
... agency scenario because the seller's interests don't align with the buyer's interests. What Is A Dual Agent Vs. A Designated Agent? A dual agent is an ...
Dual Agency [What Real Estate Agents Won't Tell You] - SoldNest
Because they're afraid that the buyer or seller won't want them to represent the other party. In other words, they don't want to risk losing the ...
What Is Dual Agency, And Is It Risky? - Bankrate
“For an agent to represent both sides in a real estate transaction, they must receive informed consent from the buyer and the seller,” he says.
The Dangers of Dual Agency | brettstomps.com
Don't ever allow yourself to be represented by the same agent as the buyer or seller. The financial gain (if any) is not worth it.
Dual Agency: When Is It Appropriate? - NCREC Bulletins
By entering into dual agency without the full understanding and consent of both clients, a broker may unfairly deprive those clients of the level of service ...
Dual Agency: A Slippery Slope - McKissock Learning
Basically, do provide full disclosure of the relationship and be honest with both parties. Don't disclose the price either party will accept.
Dual Agency In Real Estate: Everything You Should Know - Forbes
Clients don't have to agree to dual agency. In fact, dual agency is illegal or heavily restricted in eight states: Alaska; Colorado; Florida ...
What's your take on dual agency? How do you handle ... - Reddit
Anyone who does dual agency is basically making it clear that buyer/seller don't need dedicated representation - and that the transaction is ...
Do's and don'ts of dual agency - 5 Points Realty, Charlotte NC
Dual agency is a very important aspect of real estate to understand. It's also a bit complicated. There are legal definitions for what that means.
What's Dual Agency in a Real Estate Transaction and Why Should I ...
Some agents prefer dual agency, because it means they don't have to split the commission with another agent. (The seller normally pays their agent a ...
170: The Do's and Don'ts of Dual Agency - Hustle Humbly Podcast
Dual agency, as it is called in many states, occurs when the same agent represents a buyer and a seller. BUT, did you know there are 8 states ...
Dual Agency: Learn The Rules In Your State - Clever Real Estate
Most states require agents to obtain consent from both parties before proceeding with a dual agency sale. If you don't feel comfortable with ...
When my firm is acting as a dual agent, can I give advice regarding ...
When my client asked me how he should counter, I explained that, in the dual agency context, I could not advise him on his negotiation strategy. My client was ...
Do's & Don'ts of Dual Agency Broker Representation in the US
While yacht brokers welcome a dual agency because it usually means that they receive a lucrative higher commission from the sale, ...
What is Dual Agency and Why You Should Avoid It - Arlington Condo
Dual agents, however, 'try' and represent both the Buyer and the Seller in a transaction. I say 'try' because I don't believe there is any way you can truly ...
How to Navigate a Dual Agent Transaction in Real Estate - SoldNest
The legal language around dual agency varies from state to state –– but undisclosed dual agency or representation is illegal in all 50 states.
Never Agree to Dual Agency – CAARE
When a real estate broker engages in dual agency they may not work to the advantage or the detriment of the buyer or seller. In other words, all the reasons you ...
Dual Agency: What Home Sellers And Buyers Should Know
Real estate brokers have a fiduciary duty to act in the best interest of their clients, but this can get tricky if they're representing both ...