When one "real estate broker" is working with both the buyer and the seller in the same "real estate transaction," this is called "dual agency."
These are questions that the above text answers:
1. What is dual agency in real estate?
2. When does dual agency occur in a real estate transaction?
3. What is the role of a real estate broker in a dual agency situation?
4. Who is involved in a dual agency transaction?
5. What is the significance of a real estate broker working with both the buyer and the seller?
6. How is dual agency different from a traditional real estate transaction?
7. What are the potential benefits of dual agency for the parties involved?
8. Are there any potential drawbacks or conflicts of interest in a dual agency transaction?
9. How does dual agency impact the relationship between the real estate broker and the buyer/seller?
10. Are there any legal considerations or regulations regarding dual agency in real estate transactions?