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Tag Archive
Dual agency or designated agency?
A licensee is a dual agent in a transaction where the seller’s agent and the buyer’s agent are one and the same. Simple. Slightly more complex is the dual-agency relationship that is created when the seller’s agent and the buyer’s agent are separate licensees but both affiliated with the same broker. »
Exclusive: Agency vs. right to sell
According to RELRA, an agency relationship is one in which “the broker or licensees in the employ of the broker act as fiduciaries for a consumer of real estate services by the express authority of the consumer or real estate services.” In other words, the seller hires the broker to list the property for... »
Dual agency fraught with difficulty
If your practice permits dual agency but not designated agency, you may want to re-examine the reasons and determine whether your policy is in the best interest of your clients and your risk reduction practice. »
Are you chicken?
A recent article suggests that buyer agents are "too chicken" to aggressively qualify prospective buyers and weed out the ones who aren't motivated and/or qualified to buy. What PAR form can help determine if you want to work with a buyer? »
Seller agent – dual agent? Agency hot potato!
In a recent article, I offered my opinion that a listing agent can better avoid liability by avoiding dual agency. I heard from a number of you that disagree with my approach. I have heard these arguments, but continue to hold onto my original opinion. »
