Special offer

Spam prevention
Rainmaker
519,324
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

Like your picture, it's sideways and rarely a good idea.  Your class materials will give you a specific answer that will be on your test. 

Jan 16, 2019 03:46 PM
Rainmaker
5,216,398
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The definitions vary from state to state, so begin with your state statutes!

Jan 16, 2019 03:09 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Ken Jones gave you a wonderful clue.  A

Jan 16, 2019 03:08 PM
Ambassador
6,393,179
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671
Dual agency means that the listing broker represents both the seller and the buyer in the same real estate transaction. A dual agent—sometimes referred to as a transaction broker—must not disclose confidential information to either party and must operate in a hands-off manner.Jul 27, 2018

What Is Dual Agency? A Glossary Definition - The Balance

Jan 16, 2019 03:02 PM
Rainmaker
1,196,798
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

It must be defined in your course material

Jan 17, 2019 06:45 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A form of representation that should be reserved for agents who know what they are doing.

For the elite few real estate professional, limited or dual agency can bring REAL value to the buyer and seller involved.

Jan 17, 2019 05:05 AM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

 I just did an Internet search for "dual agency Utah" and got lots of results.

Jan 16, 2019 04:57 PM
Ambassador
5,229,951
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Andrew, Ken Jones gave you a great answer. Good luck in your studies!

Jan 16, 2019 04:23 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Check the definitions in your book.  They're two completely different things in CA.

Jan 16, 2019 03:52 PM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I would listen to your teacher. For instance there is no dual or limited agency in Oklahoma. I would ask the teacher about whether they know that agency is common law.

Jan 16, 2019 03:30 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

each state has its own agency rules....  dual agency is NO REPRESENTATION....  

do yourself a favor.... pick a side and stay there..sellers appreciate that...

Jan 16, 2019 03:14 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I'm sure this is in your text book. There are different types of limited and dual agencies and they are regulated and legally defined by state real estate commissions.

Jan 16, 2019 03:10 PM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good luck with your studies...

Jan 17, 2019 03:25 PM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

They are two different things.

Dual agency is where the agent represents both the buyer and seller

A limited agency is where there are limits on the representation.

Jan 17, 2019 06:35 AM
Rainmaker
911,338
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Risks that you don't want to take if you don't have enough understanding of what they are.

Jan 17, 2019 06:04 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

Since neither is allowed in Texas, I have no idea.

Jan 17, 2019 04:33 AM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Good luck.

Jan 17, 2019 03:15 AM
Rainmaker
1,090,637
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

It varies from state to state. Dual agency is illegal here.

Jan 16, 2019 10:12 PM
Rainmaker
2,390,620
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Come on Andrew Cooper ... gee whiz... crack the book open.

Jan 16, 2019 06:48 PM
Rainmaker
1,197,097
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

Google it, they are different types of agency.

Jan 16, 2019 05:38 PM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe
Jan 16, 2019 04:38 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The best way to answer it is: Can you get the highest price for the seller while getting the buyer to pay the lowest price? The answer is no, that means Dual agency does not work well for anyone

Jan 16, 2019 04:25 PM
Rainmaker
7,836,134
Roy Kelley
Retired - Gaithersburg, MD

Follow the rules in your state. Look at NAR's post today.

Jan 16, 2019 03:11 PM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

I don't know.

Jan 21, 2019 07:25 PM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea.

Jan 21, 2019 07:09 PM
Rainmaker
5,868,538
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We don't have dual agency in Colorado.

Jan 20, 2019 07:08 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Each state may vary a little

Jan 19, 2019 08:03 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Google it  ... you will learn so much! 

Jan 17, 2019 08:40 AM
Rainmaker
564,494
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

I'm a bit late to respond - but it looks like you've received many responses from others.  Good luck!

Jan 17, 2019 07:47 AM
Ambassador
2,161,048
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

This could be two different things and will depend on your state. The definition of either one can mean one thing in Florida and an entirely different thing in your state. 

Jan 17, 2019 06:51 AM