Profilo utente

Sadie Delaine

Note biografiche

A special problem could in some cases develop where a realty representative is contractually bound to both parties in a realty transaction, as would be the case of a buyer's agent showing among their own listings. In this situation "twin company" is stated to exist. The realty representative is an agent to both events. When this condition arises, a real estate professional must reveal the dual agency problem and also acquire permission from both buyer and seller that they approve this condition. In several states, failure to disclose dual company is an offense of the law for which a real estate agent can shed their certificate, be penalizeded, as well as potentially receive a jail sentence. In a twin agency problem, the realty representative acts as a neutral third party, not representing the rate of interests of either party, yet simply assisting in the transaction. Lots of consumer supporters are not satisfied with such arrangements since no one is taking care of the very best passions

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##journal.issn##: 1234-1235