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Old 10-03-2007, 05:46 PM
 
Location: Virginia Beach, VA
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lorriem, I like her response to that question. she was being fair to both parties. She sounds like a good agent!!

shelly
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Old 10-03-2007, 06:06 PM
 
Location: Nashville, TN
1,177 posts, read 4,156,613 times
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Originally Posted by shellytc View Post
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"....
"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.
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Old 10-04-2007, 01:22 PM
 
Location: NC close to the MTs and near the lakes.
2,766 posts, read 5,520,710 times
Reputation: 967
Quote:
Originally Posted by shellytc View Post
lorriem, I like her response to that question. she was being fair to both parties. She sounds like a good agent!!

shelly
Shelly she is a great agent. I would use her again if we were to sell that home also at some point.
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