We begin our series—Frequently UNASKED Questions in a real estate transaction starting with one of the most misunderstood aspects—dual agency. Unasked3

Many web sites offer a link to their frequently asked questions and usually they’re pretty helpful since chances are your questions will be in the top ten. But what about the questions you don’t know to ask?

If you are new to buying or selling a home you may not know the most important questions to ask. We’ve started a series called Frequently Unasked questions to help shed some light on questions which should be asked, but frequently aren’t.

Download the complete Podcast (Download dual_agency.mp3) or subscribe to our feed. We discuss the intricacies of dual agency in a real estate transaction including the potential pitfalls and limitations.

If you’re considering having an agent represent you in a transaction you should stipulate up front how to handle dual agency if it crops up. Most are aware that dual agency happens when an agent represents the seller and a buyer in a transaction but few know that two different agents can still create a dual agency relationship.

What to expect in this Podcast:

·         Explaining dual agency.

·         How one elects or creates dual agency.

·         How to know if you are in a dual agency transaction.

·         How it works—what to watch out for.

·         To whom your agent has a fiduciary duty.

We begin our series—Frequently UNASKED Questions in a real estate transaction starting with one of the most misunderstood aspects—dual agency.

The information contained in this blog and Podcast is educational and intended for informational purposes only. It does not constitute real estate, tax or legal advice, nor does it substitute for advice specific to your situation. Always consult an appropriate professional familiar with your scenario.

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