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Get CT Coldwell Banker Dual Agency Consent Agreement 1998-2024
DUAL AGENCY CONSENT AGREEMENT Addendum Property Address: # Street City State Zip Seller(s) or Landlord(s): Buyer(s) or Tenant(s): Broker: (1) This Dual Agency Consent Agreement is an addendum to and.
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Consented FAQ
Dual agents can streamline the home sale process, helping you sell your home faster and with less hassle. However, since they represent the buyer too, your real estate agent may not be willing to negotiate a higher price with the buyer.
What type of agency agreement is this, and is it allowed? A net listing agreement; no, it is not allowed. A buyer and broker enter into an exclusive agency right to represent buyer agency agreement.
Whether you are a Seller or a Buyer, if you want to be represented, you must enter into a written Agreement which obligates the Realtor and everyone in that real estate firm to represents you as your Agent. This is Connecticut law.
Sub-agency is illegal in Connecticut. A dual agent is required to act in the best interests of both the seller and the buyer. Dual agency consent can be obtained at the time an agency agreement is signed. A designated agent only represents one party and is not a dual agent.
In a dual agency situation, the buyer and seller work with a single agent representing them both, instead of separate agents. Dual agency commonly occurs when the buyer and seller use the same brokerage.
The buyers and sellers will need to provide written permission to the agent to move forward if the topic of dual agency comes into the picture. Without written consent from both parties, a dual agent will not be able to represent both parties.
Dual agency is allowed, if both parties give their informed consent.
Dual agency occurs when an agent is representing both the buyer and the seller. Disclosure is of the utmost importance in cases of dual agency, as it is still the fiduciary duty of the agent to represent the interest of both clients. Dual agency is illegal in some states.
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