The Benefits of Using a Dual Agent in Real Estate Transactions

The Benefits of Using a Dual Agent in Real Estate Transactions somebody

A "dual agent" is a broker who helps both the "buyer" and the "seller" with a single transaction. For example, they may work with both a "lessee" and a "lessor" or a "borrower" and a "lender".


These are questions that the above text answers:

1. What is a dual agent in real estate?
2. How does a dual agent assist both the buyer and seller in a transaction?
3. Can a dual agent work with both a lessee and a lessor?
4. Can a dual agent work with both a borrower and a lender?
5. What are the benefits of using a dual agent in real estate transactions?
6. Is a dual agent responsible for representing the interests of both the buyer and seller?
7. Does a dual agent have a fiduciary duty to both the buyer and seller?
8. Can a dual agent provide advice and guidance to both the buyer and seller?
9. Are there any potential conflicts of interest when using a dual agent?
10. Are there any legal requirements or regulations for dual agents in real estate transactions?
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