Topic: Dual Agency
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Answers to Common Questions
What is Dual Agency?
The situation in which a real estate agent represents more than one party to a transaction. It is accepted in most states with full disclosure, though many people do not consider it a good business practice because each party wants represen... Read More »
Source: http://www.answers.com/topic/dual-agency
Why wouldn't a agent want dual agency in real estate?
He/she is working as an Exclusive Buyer Agent, which forbids him/her to have any listings and cannot therefore act as an agent for a seller. Otherwise, he/she can be uncomfortable with the legal responsibility to act as an objective and neu... Read More »
Source: http://wiki.answers.com/Q/Why_wouldn't_a_agent_want_dual_agency_i...
Who benefits from Dual Agency?
A dual agent. It is very difficult to obtain the highest and best price for the seller when the agent also represents the buyer. The dual agent cannot advise on home price nor terms nor negotiate on anyone's behalf. What Is a Dual Agency A... Read More »
Source: http://activerain.com/tmoore11
More Common Questions
Answers to Other Common Questions
Not long ago I mentioned a property not far from where I live. The property started out as a normal listing, then failed to sell over time. After numerous price reductions, it became a short sale. After even further price reductions, it ...
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Source: http://activerain.com/blogsview/1199812/why-dual-agency-should-be...
That's an interesting question you ask, Chris. Whom does dual agency benefit? It can benefit the selling agent if she is also the listing agent because she'll earn both the listing and selling commission, but typically neither the agents no...
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Source: http://www.trulia.com/voices/Home_Buying/What_exactly_is_dual_age...
I could not find any record of a "Dual Travel Agency". I did find: 8th Ave. Travel Inc. 5811 8th Ave Brooklyn, NY (718) 437-7123
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Source: http://www.chacha.com/question/what-is-the-number-for-dual-travel...
It is called a Dual Agency when an agent, brokerage or company is representing both the buyer and seller. Although legal, dual agency nevertheless comes with an inherent conflict of interest as the agent attempts to fairly represent two opp...
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Source: http://www.querycat.com/question/1e2fd75ed96c63deae88a8731663b249
Whether or not you are released from your contract is the purview of the managing broker of the firm. I am wondering what sort of situation you were in which might have required 'dual agency'. Did you contract with this firm to have them re...
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Source: http://answers.yahoo.com/question/index?qid=20070531122329AAkj7eE
Multiple announcements are typically posted for positions advertised for merit and non-status positions. These announcements will have different vacancy numbers, but in order to be considered for both status and non-status, you must apply t...
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Source: http://www.dol.gov/oasam/doljobs/faq/
Woody, For the transaction brokerage: FL Statute Chapter 475.278 Authorized brokerage relationships; presumption of transaction brokerage; required disclosures.-- (b) Presumption of transaction brokerage.--It shall be presumed that all l...
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Source: http://en.allexperts.com/q/Real-Estate-Florida-3645/2009/8/Transa...
