The article appropriately warns of the danger of dual agency: “This arrangement may also be called “dual representation.” Both buyer and seller are represented by the same agent. Both parties must sign a form, prepared under the auspices of the local real estate commission. The form requires informed consent. For example, in the District of Columbia, sellers and buyers are put on notice that “when the parties agree to dual representation, the ability of the licensee [the agent] and the brokerage firm to represent either party fully and exclusively is limited.” Maryland law does not allow such dual representation.”
I have made it a personal business practice NOT to engage in dual agency. I will not represent both a buyer and seller in the same transaction. It quite clearly is a conflict of interest in my mind.
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