Isnt there a conflict of interest if a sales associate represents both seller and buyer?
A. Realtors have a fiduciary duty to be honest to all parties in real estate matters. Although being a dual agent has, according to the New Jersey Association of Realtors, Inc. (NJAR) a potential for a conflict of interest, the sales associate must be fair and not disclose any information that would cause a disadvantage to either party.
Related Questions
- Who signs the Transaction Brokerage Agreement for the brokerage when one industry member represents both the buyer and seller in the same real estate trade?
- When a real estate broker or sales representative sells a home or represents the buyer, who should the real estate broker or sales representative identify?
- Something called Dual Agent who represents both the Buyer and the Seller. How is it possible?
