Q: (Single Agent) Dual Agency - Who Benefits? A: The Realtor July 1 2012 will be a day that many buyers, sellers (and real estate agents, I'd wager) learn that the current world of real estate representation is (supposed to be) about representing clients' best interests - not merely selling a home. That's the day that the new real estate Agency law will take effect. While single agent dual agency isn't outlawed, real estate agents Read More
These are the bills I'm tracking on Richmond Sunlight - bill ranging from real estate licensing to the castle doctrine to eminent domain - and quite a few more. The Read More
Part One of at least Two. Much more to come next week; for now, I'm prepping to show houses in the Charlottesville area for the next three days. As a consumer, would you agree to Single Agent Dual Agency if you were informed about its' true limitations? This bill in the Virginia General Assembly, boldly recommended (and worked on Read More
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 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 got into quite a Read More