Sentences with phrase «dual agency problem»

After a CMA has been supplied by a Brokerage there is a HIGH RISK for an undisclosed Dual Agency problem arising that is created for the brokerage who issued that CMA irregardless with which brokerage that seller eventually listed with.

Not exact matches

the root of the problem comes, I believe, in the «advice» department... my problem with the generalization is that, as I have often noted: dual agency is EVERYWHERE... RECO practices it by virtue of someone must have forgotten about dual agency entirely, when setting up their procedures through the ministry.

This allows the brokerage to avoid problems arising from dual - agency relationships for licensees at the brokerage.

Intelligent and experienced Realtors know when dual agency can create problems, and they understand the necessary measures to take which might include getting the lawyers more involved or simply stepping back from either the buyer or the seller.

Briefly, when a real estate company finds itself in an «in - house» dual agency situation, management can try to solve the cross-advocating problem of the opposing interests of their clients.

Undisclosed dual agency is a particular problem in states that do not have buyer's agents and, in states like New York, where buyer's agency is a relatively new concept.

This was suggested as a solution to some of the pitfalls and perceived legal, ethical and practical problems with Disclosed Limited Dual Agency, and a system in which both buyer and seller could «benefit from full agency representation&rAgency, and a system in which both buyer and seller could «benefit from full agency representation&ragency representation».

However, those should not preclude select qualified Realtors from delivering better deals to their clients through dual agency than they could otherwise — eliminating one Realtor often breaks the «broken telephone» problem in a transaction.

If limited dual agency was a problem, we'd see most complaints arise from situations involving limited dual agency; but we don't.

Ending dual agency removes the potential for conflict and serious problems.

Two of the key recommendations: that regulators adopt Designated Agency and Transaction Brokerage (see Definitions on page 8) to help overcome problems with the existing dual agency relatioAgency and Transaction Brokerage (see Definitions on page 8) to help overcome problems with the existing dual agency relatioagency relationship.

THAT is the problem with dual agency.

In terms of Designated Agency and Transaction Brokerage, it was the view of the Task Force that dual agency is a situation that causes problems within the industry and if we could find ways to minimize those problems, the industry and consumers would benefit fromAgency and Transaction Brokerage, it was the view of the Task Force that dual agency is a situation that causes problems within the industry and if we could find ways to minimize those problems, the industry and consumers would benefit fromagency is a situation that causes problems within the industry and if we could find ways to minimize those problems, the industry and consumers would benefit from that.

According to the Superintendent, ending dual agency removes the potential for conflict and serious problems and creates transparency for both consumers and licensees.

What Professor Foster has said, both publicly and to the Task Force, is that there is a very good likelihood that we will overcome those problems about dual agency and that the courts will support this business model.

REM: The Task Force recognizes the problems raised by dual agency, but specifically does not say dual agency should be prohibited — why?

The problem with dual agency is that pesky word agency.

After almost two years of work, the Canadian Regulators Group (CRG) Agency Task Force is proposing two new business models — Designated Agency and Transaction Brokerage — as «best practices» solutions to ongoing problems with dual aAgency Task Force is proposing two new business models — Designated Agency and Transaction Brokerage — as «best practices» solutions to ongoing problems with dual aAgency and Transaction Brokerage — as «best practices» solutions to ongoing problems with dual agencyagency.

Another problem cited by the report is the increasing number of errors and omissions claims that involve dual agency situations.

If you can ride two horses at the same time — Dual Agency will not be a problem.