Something called Dual Agent who represents both the Buyer and the Seller. How is it possible?
When a Seller Agent is advertising the house for the Seller. Or he/she is doing a Open House for the Seller. After a Buyer looks at the house, and he/she wants to buy that house, the Buyer usually does not have an agent to represent him/her. For that reason, the Seller Agent could also represent that Buyer. Since the agent is representing both parties, the agent is called Dual Agent. Lots of time, this is allowed by the local State or Provincial law. Usually, there are also strict regulations to go with it to ensure that no Seller’s or Buyer’s interest are jeopardized.
