What Is Dual Agency?
What Is Dual Agency? - Click Here for a current .pdf brochure
Agent
- Act with honesty, good faith, reasonable skill and care.
- Properly account for money or property.
- Disclose all adverse material facts actually known or which reasonably should have been known.
- Perform terms of written agreement
- Conduct reasonable inspection of property& statements made by seller.
- Advise client to obtain professional advice or counsel, when appropriate.
- Request proof of buyer's financil ability to purchase.
- Maintain confidentiality of client.
- Seek acceptable buyer and negotiate.
- Seek acceptable property and negotiate.
Limited Dual Agent
- Act with honesty, good faith, reasonable skill and care.
- Properly account for money or property
- Disclose all advers material facts actually known or which reasonably should have been known.
- Perform terms of written agreement.
- Conduct reasonable inspection of property and statement made by seller.
- Advise client to obtain professional advice or counsel, when appropriate.
- Request proof of buyer's financial ability to purchase.
- Maintain confidentiality of clients.
- Seek acceptable buyer, but cannot disclose that buyer is willing to pay more than that offered.
- Seek acceptable property, but cannot disclose that seller is willing to accept less than that offered.
- NO DUTY OF UNDIVIDED LOYALTY
