Virginia’s disclosure for single agent dual agency essentially defines much of what a competent real estate agent does for clients.
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HB 1907 – Talking About Single Agent Dual Agency in Virginia
Transcript to come …
A Bill to Protect Consumers: Specifically Single Agent Dual Agency
Such written consent and disclosure of the brokerage relationship as required by this article shall be presumed to have been given as against any client who signs a disclosure as provided in this section. (i) shall be writing and (ii) may be given to either party at the time prior to the commencement of dual representation. … That following the commencement of dual representation, the licensee will be unable to advise either party as to the terms, offers or counteroffers; however, the licensee may have previously advised one party as to terms prior to the commencement of dual representation; 2. That the licensee cannot advise the buyer client as to the suitability of the property, its condition (other than to make any disclosures as required by law of any licensee representing a seller), and cannot advise either party as to repairs of the property to make or request; 3. … Such disclosures shall not be deemed to comply with the requirements set out in this section if (i) not signed by the client or (ii) given in a purchase agreement, lease or any other document related to a transaction.
Part of Virginia’s Buyer Broker Agreement That Speaks to Dual Agency
Single agent dual agency in Virginia is (usually) bad. That is all.
Thoughts on Dual Agency
Moving forward … Question everything.
Realtor Incentives, Nice Areas of Charlottesville and Dual Agency – pulled from search
“Charlottesville” technically means “the City of Charlottesville,” but has come to mean Charlottesville, Albemarle County that surrounds it as well as parts of Nelson County, Fluvanna County, Greene County, even parts of Orange County. discount real estate services buyers Charlottesville – Discount from what ? … ngic mailing – I think it’s safe to assume based on the volume of searches coming to my site that a mailing was recently sent out to the NGIC folks ( start here!