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Dual agency can be problematic because it's an open invitation for real estate agents to prioritize a higher commission above a seller's and buyer's best interests. Can dual agents honestly serve the needs of two sides that have separate goals?
Dual agency is not allowed in Colorado, meaning you cannot have an agency agreement with the buyer and seller.
Complete 30 hours of Alaska-approved broker training, pass the Alaska real estate broker exam, show evidence of completing 36 months of active and continuous real estate licensee experience within the last 60 months and submit your complete Associate Broker by Examination application (#08-4160) under a supervising ...
Even if you are interested in working with a dual agent, it is not possible in all states. In fact, it is outright illegal in Alaska, Colorado, Florida, Kansas, Maryland, Wyoming, Texas and Vermont.
Dual agency is legal in most Canadian provinces, except for British Columbia, where it's only permissible for underserved areas. A dual agency can also occur when two agents from the same firm represent the buyer and seller of the property.
Earnest money is a buyer's deposit to move forward on a home purchase. It is usually held by a third party and its terms are agreed to in the purchase contract. Like many things in the home purchase, some parts can be negotiated.
Dual agency is illegal in some states. Each state has different disclosure laws, controlling everything from agency disclosure, dual agency legality, and what sellers must disclose about their home when selling.