 |
 |
 |
 |
 |
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.
Read more »
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...
Read more »
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.
Read more »
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?
Read more »
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.
Read more »
Tuesday, Feb. 7, 2012
