Bruce Ailion, an Atlanta, GA, real estate agent and attorney, compares dual agency to having one attorney representing both husband and wife in a divorce. The parties interests are adverse and are best represented by independent professionals, he says. The agent in a dual agency situation becomes, instead of a coach, more of a referee.May 28, 2011 Dual Agency means a broker who represents as a fiduciary to both the buyer and the seller in a real estate transaction Fiduciary is a relationship of trust and confidence between broker as agent and the principal. florida real estate dual agency
Dual vs. Single Agency Relationships in Real Estate. Share Flip Pin Email In the real world, most of these dual agents talk the talk of dual agency, but continue to walk the walk of singleagency representation. Dual agency must be agreed to in writing between the
A real estate licensee in this state may enter into a brokerage relationship as either a transaction broker or as a single agent with potential buyers and sellers. A real estate licensee may not operate as a disclosed or nondisclosed dual agent. In Florida, there are times when a real estate agent will represent both the buyer and the seller in a real estate deal. In that situation, the relationship of the realtor to the buyer and seller is not a dual agency relationship that type of relationship is prohibited under Florida law.florida real estate dual agency How can the answer be improved?
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