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Tasya [4]
2 years ago
6

What is the difference between dual agency and dual representation?

Social Studies
1 answer:
IrinaVladis [17]2 years ago
3 0

A dual agent has an agency relationship under the brokerage agreements with the clients. A dual representative has an independent contractor relationship under the brokerage agreements with the clients.

<h3>What is brokerage agreements?</h3>

An official contract between the buyer/seller and the broker is the brokerage agreement. This Agreement will serve as the basis for determining which obligations each party had under the Agreement in the event that a dispute should arise between the Parties.

the main tabs. A broker is described as a person or organization that negotiates contracts and serves as a middleman between a buyer and a seller in exchange for a fee. Contrary to an agent who represents a principal party in a deal, a broker is an independent party to a transaction.

The part of the real estate industry that involves property management or real estate sales, exchanges, purchases, and leases is known as real estate brokerage.

To know more about brokerage agreements follow the link:

brainly.com/question/26599799

#SPJ4

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