Sentences with phrase «involved in a dual agency»

The court affirmed the appellate court's opinion by holding that, pursuant to that statute, each of the salespeople involved in a dual agency transaction owe fiduciary duties to both the buyer and the seller.

Dave as I stated in my previous post to you, it is of crucial importance that when an agent is involved in a dual agency role that the following be strictly applied:» The important thing in a dual transaction is that the property is sold at current market value.

Not exact matches

(the same survey showed of those sellers involved in a brokerage owning more than one location, 94 % were not told about the other offices also caused dual agency) 3) Inadequate Dual Agency Disclosure pre-Buyer Agency Agreement signdual agency) 3) Inadequate Dual Agency Disclosure pre-Buyer Agency Agreement siagency) 3) Inadequate Dual Agency Disclosure pre-Buyer Agency Agreement signDual Agency Disclosure pre-Buyer Agency Agreement siAgency Disclosure pre-Buyer Agency Agreement siAgency Agreement signing.

Also very few agents get overly involved in explaining «dual agency» to their buyers and generally have the buyers agree to their being represented in a dual agency situation on signing a BRA contract rather than at the time of the conflict..

An important distinction between limited dual agency that arises in brokerage agency as compared to limited dual agency that arises in designated agency is that under brokerage agency dual agency occurs in «in - house» transactions involving more than one licensee.

Further, even though it was not pertinent to the question of dual agency, because it involved another property, the court observed that the brokerage's contact with Lindholm regarding the Rickstrew ranch was ministerial and was done in furtherance of the sale of the Olsen ranch, for Vail Associates knew that Lindholm would not purchase the Olsen ranch if he could not also Purchase the Rickstrew ranch.

On Tuesday, HUD announced that is was banning dual agency on short sale transactions (transactions involving distressed homeowners) in order to help achieve its goal of an «arms - length transaction.»

As of Jan. 1, 2015, the duty of a real estate agent to disclose in writing his or her representation of a buyer, seller, tenant and / or landlord, including any dual agency relationship, in residential real property transactions extended to transactions involving commercial real property.