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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.
Single Agent Dual Agency – Do Consumers Care?
Do consumers care about Single Agent Dual Agency? Maybe. The Code of Virginia states: A. A licensee may act as a dual representative only with the written consent of all clients to the transaction. Such…
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!
The Single-agent Dual Agency debate is revitalized at VARBuzz
I know some members of the Virginia Real Estate Board have opinions; why don’t they share them now?A sampling:As a listing agent, how can I promise to do the best job possible for the seller, who hired me to protect his interest and sell his home for the best price and terms, then turn around under dual agency where I cannot give him any advice that would harm the buyer?… As the seller’s agent, if I think that the buyer is in love with the house and would come up $20,000 to avoid losing it, I am in a much stronger position to negotiate. As a dual agent, my hands are tied and I become a mediocre agent for both parties and truly feel I have been stripped of all my skills and have to keep tape over my mouth. I have to walk a fine line that serves no one except filling the agent and brokers pockets….Sellers see right through greed and self serving agents.