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DUAL AGENCY AGREEMENT AS APPROVED BY THE MIDLAND BOARD OF REALTORS, INC. Broker/Salesperson (Broker): Seller: Buyer: Property: Seller and Buyer acknowledge that in connection with the possible sale/purchase
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What is dual agency agreement?
Dual agency agreement is a legal agreement where a real estate agent represents both the buyer and seller in a transaction.
Who is required to file dual agency agreement?
Real estate agents who represent both the buyer and seller in a transaction are required to file dual agency agreement.
How to fill out dual agency agreement?
To fill out a dual agency agreement, both parties (buyer and seller) must agree to the terms and sign the document.
What is the purpose of dual agency agreement?
The purpose of dual agency agreement is to disclose the potential conflict of interest that may arise when one agent represents both parties in a transaction.
What information must be reported on dual agency agreement?
Dual agency agreement must include details of the property, names of the buyer and seller, terms of the agreement, and signatures of both parties.
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