Key Takeaways
- Dual agency arises intentionally, at the brokerage level, or inadvertently—always confirm representation before sharing sensitive information.
- Dual agents become facilitators, not advocates—research shows dual agency results in approximately 1.7% lower sale prices.
- Decline dual agency in favor of designated agency or independent representation whenever possible.
- If proceeding with dual agency, treat it as self-representation with administrative support—rely on your own analysis.
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Test Your Knowledge
1.Why is dual agency considered one of the highest-risk agent relationship configurations?
2.In which states is dual agency prohibited?
3.What is designated agency and how does it differ from dual agency?