The ATF
considered designated agency to be a positive alternative to in - house dual agency when there is a licensee acting as sole agent for the seller, another licensee engaged by the same brokerage who is acting as sole agent for a buyer, and the buyer becomes interested in the property offered for sale by the seller.
It is important to note that the proposed language
considers designated agency as a choice, allowing brokerage firms to make no change and continue with the current agency model that is in place.
Not exact matches
De Blasio said he was
considering a «program to eliminate the gap» — or PEG — that would
designate a savings amount each city
agency would be expected to achieve.
At the time you sign an
agency agreement, you may be asked to acknowledge whether you would
consider giving written consent allowing the brokerage firm to
designate a representative for you and one for the other client in a
designated agency.
«One option to
consider that avoids the complications of dual
agency and
designated agency is to work with an exclusive buyer agent, who works in a brokerage [that] represents only buyers and never accepts listings.»