Question

What does a real estate license holder serving as a representative in an intermediary transaction offer to a client that was not offered under dual brokerage?

Answer 1

Real estate license holder serving as a representative in an intermediary transaction offer advice and opinions to a client that was not offered under dual brokerage.

The appointment of Real Estate license holders to assist buyers and sellers in an intermediary transaction enables those real estate license holders to provide advise and opinions during the course of talks, in contrast to the practice of dual brokerage. Under the dual brokerage system, license holders were expected to act in a fair and impartial manner. Commission fees are not tied to representation, and it is against the law for license holders to expose sensitive information belonging to the other parties involved in a transaction.

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