Quote:
Originally Posted by shellytc
gbone, how is it not considered dual agency if it is the same broker? The listing is owned by the broker, right? It should be the form of dual agency called designated agency.. where the broker designates one agent is for the seller and one agent is for the buyer, but that is still dual agency.
unless you go to transaction? Then neither the buyer or the seller is a "client"....
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"AgencyAn agent representing both the buyer and seller in a transaction. Dual agents should always get written consent of both parties. If a licensed real estate agent licensee lists a property which their buyer client wishes to buy, the licensee will be the agent for both the buyer and the seller. This is called Dual Agency. If this situation were to occur, the buyer would be informed and asked to sign a Dual Agency Consent Agreement. This Agreement provides that the agent will not disclose either client’s personal, financial or confidential information". TN differentiates between Agent & Agency.