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How to fill out what is dual agency
How to fill out what is dual agency
01
Both the buyer and seller must be informed that the agent will be representing both parties.
02
In some states, a disclosure form must be signed by both parties acknowledging the dual agency relationship.
03
The agent must maintain neutrality and cannot favor one party over the other.
04
The agent must disclose all information to both parties and not withhold any information.
05
It is recommended to seek legal advice before entering into a dual agency agreement.
Who needs what is dual agency?
01
Real estate agents who may represent both the buyer and seller in a transaction.
02
Buyers and sellers who are comfortable with having the same agent represent both parties.
03
Individuals looking to streamline the transaction process by having one agent handle both sides of the deal.
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What is what is dual agency?
Dual agency is when a real estate agent represents both the buyer and seller in a transaction.
Who is required to file what is dual agency?
Real estate agents who are acting as dual agents are required to disclose this to both parties in the transaction.
How to fill out what is dual agency?
To fill out a dual agency disclosure, the real estate agent must clearly explain their role to both the buyer and seller and have both parties sign the disclosure.
What is the purpose of what is dual agency?
The purpose of dual agency is to ensure transparency in real estate transactions where one agent represents both parties.
What information must be reported on what is dual agency?
The dual agency disclosure must include the names of the buyer, seller, and agent, the property address, and a clear explanation of the agent's role.
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