Real Estate Terms

 

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Dual Agency

Q:
What is Dual Agency?
 
A:
As opposed to a real estate agent who represents a buyer only or a seller only, a Dual Agency exists when an agent represents both a buyer and seller on the same transaction. This can sometimes reduce the commissions paid to the agent, however, the relationship can place the agent in a difficult negotiating position. The agent may have a difficult time making negotiating suggestions to one party without violating the trust of the other party.
 

 

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