dual agent
Serves two masters
A dual agent is a real estate agent who represents both the buyer and seller in the same transaction.
This creates an inherent conflict of interest, since each party typically wants opposite outcomes on price and terms.
Dual agency is legal in some jurisdictions but must be disclosed, and both parties must consent: The contract noted that our realtor was acting as a dual agent.
- brokerTransaction intermediary for hire
- spyCovert information gatherer
- middlemanAgent linking two parties
- realtorLicensed property seller
- conflict of interestCompromised impartiality from competing stakes
full disclosure · buyer · seller · disclosure · transaction · negotiation · commission · representation · loyalty · confidential · behind closed doors · ethics · contract · listing · escrow · infiltrator · mole · undercover
- real estatehouse, home, apartment, property, sale
- intermediariesmiddleman, middlemen, go-between, go-betweens, broker