The broker will be responsible for any money their client loses if they do not tell them that they are working as both a "buyer's agent" and a "seller's agent" at the same time.
These are questions that the above text answers:
1. What is the potential consequence for a broker who fails to disclose that they are acting as both a buyer's agent and a seller's agent simultaneously?
2. What is the role of a real estate broker?
3. What are the responsibilities of a real estate agent?
4. In what situation would a broker need to disclose a conflict of interest?
5. What is the significance of a broker acting as both a buyer's agent and a seller's agent?
6. What is the potential financial liability for a broker who fails to inform their client about their dual agency role?
7. What is the responsibility of a broker towards their client's financial losses?
9. What is the potential risk for a client if a broker fails to disclose their dual agency role?
10. What is the importance of a broker informing their client about their role as both a buyer's agent and a seller's agent?