respect: Why I Don't Practice Dual Agency - 10/05/06 02:24 PM
by Rich Schiffer, Weichert Realtors
I have a personal policy of never representing both sides of the same transaction. I do not practice dual agency.
Definition: (per Pennsylvania Association of Realtors' Glossary of Real Estate Terms)
Dual Agency: A business relationship where the licensee, with written agreement from both parties, works for both the seller and the buyer in the same transaction. Dual agency will limit some of the duties owed to both parties. Dual agents cannot take any action that is adverse or detrimental to either the buyer or the seller in the transaction. For more details, see the explanation given in … (34 comments)

 
Rich Schiffer, Referral Agent, e-PRO

Rich Schiffer

Referral Agent, e-PRO

Swarthmore, PA

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Address: 854 Michigan Ave, Swarthmore, PA, 19081

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