Dual Agency in Real Estate

Dual agency in real estate is a topic that most agents would prefer to avoid. Why is that?

Dual agency occurs when one agent represents both the buyer and seller in the same transaction. It also occurs when the buyer and seller are represented by two different agents who work for the same brokerage.

In Minnesota, dual agents are prohibited from acting exclusively for either party and may not advocate for one party to the detriment of the other. In other states, the entire practice of dual agency is simply illegal.

With such potentially detrimental consequences, why would anyone ever agree to dual agency in the first place?

Many agents will give the explanation that dual agency is simply a necessary evil. In my opinion, dual agency can, indeed, be evil - but it is definitely not necessary!

In this video, I'll describe in detail what dual agency is, and how it can easily be avoided without losing any opportunity to buy or sell whatever property you want.

If you are thinking of moving to the Twin Cities from anywhere in the world or are considering relocating within the metro, I'm here for you!

Have questions? Click the link below to schedule your private call with me at a time that's convenient for you.
https://calendly.com/kevincall/questions

Kevin Huntington | Managing Broker & Attorney | Metro Home Connection Realty

Видео Dual Agency in Real Estate канала Destination Twin Cities