Which of the following is an example of dual agency?

Which of the following is an example of dual agency?

A. an agent who represents multiple buyers at the same time

B. an agent who represents both the buyer and the seller

C. an agent who represents multiple buyers and sellers at the same time

D. an agent who has a real estate license in two states

Answer: B. an agent who represents both the buyer and the seller

Dual agency also when a realtor is a doing a deal for both the buyer and the seller at the same time. The favoring role of the real estate agent in this case is critical because he serves as a go-between and a process orchestrator. Dual agency can be considered to be a dual edge sword for the agent; while they have to serve two clients at once, they are also under fiduciary duties to both parties at the same time, requiring them to exercise their best care and be impartial. Several states have their own rules and disclosure forms dealing with dual agency to be worked in favor of everybody taking part the sale.


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