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Dual Agency? Is it legal in your state? Check this chart!
Can a Realtor represent both parties in your state? Dual Agency is illegal here in Kansas so we have what is called "Transaction Broker" where we represent neither party and simply write up the contract and let both the buyer and seller know what their options are but we cannot advise them. If we are in this Transaction Broker role, we are to suggest that the parties obtain expert advice but if they choose not to do so, we keep the parties fully informed and assist the parties in closing the transaction. Both parties have no relationship with an agency. I will update this chart as the results come in: Dual Agency in the State of: Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa - Legal but with multiple forms that must be filled out per Comment by Lucky Lang: Dual Agency is legal in the wonderful state of Iowa! We have multiple forms that must be filled out with time and date acknowledgement. Kansas - Illegal Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York Legal - but it is not recommended per Comment by Rosario Lewis: Dual Agency ... more
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