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- Dual agency is when a single real estate agent represents both the buyer and the seller in a real estate transaction. It can also occur when an agent represents both the landlord and the tenant, or when the same real estate company represents both parties in a purchase and sale or rental transaction.
www.forbes.com/advisor/mortgages/real-estate/what-is-a-dual-agency/Dual Agency In Real Estate: Everything You Should Know - Forbes
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Jun 9, 2023 · Dual agency is when a single real estate agent represents both the buyer and the seller in a real estate transaction. It can also occur when an agent represents both the landlord and the...
Jun 11, 2018 · As of June 15 2018, dual agency is prohibited in all real estate transactions in B.C., except in underserved areas (which will be clearly defined). Once the new rules are in effect, agents will be required to comply or face stiff fines.
Jun 5, 2022 · Dual agency is a situation to describe when a real estate agent works with both the buyer and the seller. Most people familiar with the housing market know that a buyer’s agent...
May 7, 2020 · If a real estate professional represents two or more clients with competing interests in the same real estate transaction, they are providing dual agency. This includes representing: Both the seller and the buyer; Both the landlord and the tenant; Both the assignor and the assignee; Two or more buyers, tenants or assignees.
Apr 5, 2018 · When buying a home in Canada, it’s typical for one real estate agent to represent the seller and another real estate agent to represent the buyer. But with dual agency , one agent ends up working for both the buyer and seller — and keeps the full commission.
Aug 15, 2024 · With dual agency, a real estate agent gets to represent both the buyer and seller in one transaction. While dual agency can be efficient and reduce communication, it causes a potential conflict of interest.
Apr 4, 2018 · Dual agency — also known as multiple representation or dual representation — is when one agent or two agents from the same brokerage represent both the buyer and seller in a real estate transaction.