In the case of Maryland, their law does not allow
dual agency so they must do this.
We believe there are other circumstances where consumers should have the choice to consent to limited
dual agency so long as they can demonstrate that their consent is informed.
Not exact matches
So clause «L» effectively still prohibits
dual agency!
So why doesn't the real estate industry practice what they preach and eliminate
DUAL AGENCY as a service choice.
There's just
so much more to
dual agency than what affects us specifically.
The listing agent then had them sign a BRA with them
so they were acting in
dual agency, or multiple representation.
«We tend to double - end a lot of sales,
so limited
dual agency is always a challenge.»
This is a clear cut case of «who» practices
dual agency and thereafter «how» one does
so.
In
dual agency, the Realtor is sidelined in this regard,
so that's a promise not kept but a topic which is glossed over in the Working with a Realtor, the Listing Agreement and all Buyer agreements.
We do a lot of
dual agency transactions, which keeps our numbers
so high.
It is my guesstimate that approximately 30 of all real estate transactions are
dual agency,
so why would an informed buyer be interested in signing a BBA and be willing to pay an agent a fee for a reduced level of service.
I'm honest enough to tell them that if they are hiring me to represent them then they need to understand that in
dual agency I can no longer do
so.
So the courts are sending a very strong and clear message that
dual agency is not an effective relationship in law — it's not easy to make it work.
Dual Agency — Not in Your Best Interest So what is dual age
Dual Agency — Not in Your Best Interest So what is dual a
Agency — Not in Your Best Interest
So what is
dual age
dual agencyagency?
The agent sitting in the open house represents the seller
so if a buyer buys the house, a
dual agency would be created (can you say, «Serve two masters»).
Doing
so would amount to
dual agency, which is prohibited.
Realtors, who typically have no understanding of the legal ramifications of their own fiduciary relationship with their clients, often illegally counsel their clients of the
so - called «benefits» of
dual agency.
More subtle forms of
dual agency happen when, for example, a real estate agent represents one client as the listing agent, finds a buyer for the home, and signs a listing agreement with the buyer to help her sell her home,
so she can buy the agent's listing.
The fact that Realtors are
so willing to subject buyers and sellers to
dual agency is really troubling to us, especially when you take into account that a major Realtor survey3 indicated that two of the most important reasons consumers hire Realtors is to help negotiate price and terms.
Big brokers are
so addicted and adept at manipulating their clients into risky
dual agency / double commission transactions, that sophisticated and almost undetectable schemes that increase the frequency of
dual agency have become routine.
Second, because they never list properties, an exclusive buyer agent has no interest in any particular property on the market,
so they can be completely objective about any property their homebuyer client is interested in, explaining the pro's and con's equally to a buyer, without the conflicts of interest that are common in designated and
dual agency companies.
Consider that
dual agency is illegal for all other professions and that the conflicts of interests are
so severe that common - law often presumes that
dual agency involves fraud.
Brokers are
so financially addicted to
dual agency that it influences their ability and responsibility to supervise the agents who are licensed to the broker.
The financial incentives are
so great for brokers to engage in
dual agency that it should be presumed that market manipulation occurs in every
dual agency transaction.
Brokers are
so financially addicted to a
dual agency that it influences their ability and responsibility to supervise the agents who are licensed to the broker.
The financial incentives are
so great for brokers to engage in a
dual agency that it should be presumed that market manipulation occurs in every
dual agency transaction.
Most of the time, you won't have
dual agency and you'll be working only for them,
so everything they tell you will be in strict confidence,» she says.
Licensees entering into limited
dual agency contracts with clients often do so by using the Limited Dual Agency Agreement made available by their real estate bo
dual agency contracts with clients often do so by using the Limited Dual Agency Agreement made available by their real estate
agency contracts with clients often do
so by using the Limited
Dual Agency Agreement made available by their real estate bo
Dual Agency Agreement made available by their real estate
Agency Agreement made available by their real estate board.
In such circumstances,
so long as an
agency relationship has not been created with the other party, the licensee and their related brokerage may wish to treat the other party as a customer instead of entering into a limited
dual agency relationship.
Brokers that engage in
dual agency collect
so much more in commissions, that they don't mind if the house stays on the market longer and sells for less.
Presumably those that ramble on about
Dual Agency feel that consumers would be better served by disempowering them from the ability to discharge their agent or not, in favour of making it a mandatory requirement — whereas those that wanted to keep the same agent, regardless of
Agency, could only do
so by avoiding certain properties!
In California, for example, exclusive buyer's broker agreements contain verbiage that allows
dual agency,
so most buyers don't realize their buyer's broker could be subject to
dual agency.