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Northwest Territories Association of Realtors Agreement NumberAGREEMENT TO REPRESENT BOTH SELLER AND BUYER (For Use in Designated Agency Brokerages)THE BROKERAGE (WE)between THE SELLER (YOU)another
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How to fill out dual agency vs designated
How to fill out dual agency vs designated
01
Understand the difference between dual agency and designated agency.
02
Obtain the necessary forms for both dual agency and designated agency from your real estate broker or agent.
03
Fill out the forms accurately and completely, making sure to specify which type of agency you are choosing.
04
Consult with a real estate attorney if you have any questions or concerns about the process.
Who needs dual agency vs designated?
01
Buyers and sellers who want to have full representation in a real estate transaction may benefit from using dual agency or designated agency.
02
Real estate agents who want to represent both the buyer and seller in a transaction may also utilize dual agency or designated agency.
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What is dual agency vs designated?
Dual agency is when the same agent represents both the buyer and seller in a real estate transaction, while designated agency is when different agents from the same brokerage represent the buyer and seller.
Who is required to file dual agency vs designated?
Real estate agents and brokerages are required to file dual agency vs designated when they are involved in a real estate transaction with multiple parties.
How to fill out dual agency vs designated?
Dual agency vs designated forms can be filled out by the agent or brokerage representing the buyer and seller in a real estate transaction, ensuring all relevant information is accurately reported.
What is the purpose of dual agency vs designated?
The purpose of dual agency vs designated is to ensure transparency and disclosure in real estate transactions where multiple parties are involved, protecting the interests of both buyers and sellers.
What information must be reported on dual agency vs designated?
The forms for dual agency vs designated must include information about the agents and brokerages involved, the parties being represented, and any potential conflicts of interest.
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