Respuesta :

In order to keep this transaction ethical and practice dual agency legally, there must be informed written consent from all parties and written disclosure to all parties involved in a transaction.

Dual agency is when one real estate agent represents both the buyer and the seller in the same transaction. Dual agency can also refer to situations where the same real estate team or brokerage firm simultaneously represents a buyer and a seller. More generally, however, the term refers to a broker acting on behalf of both parties in a transaction. Many real estate agents across the country will argue that it is possible to promote the best interests of both parties at the same time and that dual agency has some advantages. In the states where this practice is considered illegal, these benefits do not outweigh the potential pitfalls.

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