Dual Agency the Double-Edged SwordPosted by Ariel Christy on
Dual agency is a term that comes up almost anytime there’s a listing presentation I’ve found, and although I might be the minority, I don’t like the idea of it. So, I’m going to break down here what it is, how some people can do it, and how it is illegal in some states.
First things first, what is dual agency? According to Forbes they define it as, “Dual agency is when a single real estate agent represents both the buyer and the seller in a real estate transaction.” Sounds simple enough that one person can help both the buyer and seller complete the transaction in what might seem streamlined. But it isn’t that simple. Forbes goes on to say that “In 10% to 20% of home sales, both parties have the same agent. However, this practice, called dual…
125 Views, 0 Comments