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Legal Best Practices for Brokerages Brian Western, Esq. General Counsel Becky Mean, Esq. Director of Legal EducationWorking With FBO SellersPaying the Buyers Broker A dual agency agreement is not

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How to fill out what is dual agency

01

Understand the concept of dual agency, which occurs when a real estate agent represents both the buyer and the seller in a transaction.

02

Disclose to both parties the existence of dual agency and obtain their consent in writing.

03

Remain neutral and not favor one party over the other during the transaction.

04

Ensure that both parties receive fair and equal representation throughout the process.

Who needs what is dual agency?

01

Individuals involved in a real estate transaction where the same agent is representing both the buyer and the seller.

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What is what is dual agency?

Dual agency is when a real estate agent represents both the buyer and the seller in a real estate transaction.

Who is required to file what is dual agency?

Real estate agents who are acting as dual agents in a transaction are required to disclose this fact to all parties involved.

How to fill out what is dual agency?

To fill out a dual agency disclosure form, the real estate agent must clearly state their role as a dual agent and provide all relevant information to the parties involved.

What is the purpose of what is dual agency?

The purpose of dual agency is to provide transparency and disclosure to all parties in a real estate transaction when a real estate agent is representing both the buyer and the seller.

What information must be reported on what is dual agency?

The dual agency disclosure form must include the names of the parties involved, the property address, the agent's role as a dual agent, and any potential conflicts of interest.

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