What is Dual Agency in Connecticut?
There are two real estate licenses in Connecticut, the brokers and the salespersons. When selling a home you usually deal with the salesperson but the listing goes under the broker's license of that office or company. So technically all the real estate sales agents under that broker are working for you and your listing. Dual Agency comes into effect when one broker (company) represents both the seller and the buyer (or landlord and tenant). Dual Agency with informed consent with both parties is permitted in Connecticut by singing a Dual Agency Consent Agreement. Generally when signing on a buyer or seller the Dual Agency Consent form is introduced to familiarize them with the concept. But this must be signed specifically by both designated parties before an offer is made on a specific property.
The broker can assign a separate seller agent and a separate buyer agent to represent each party, if both parties agree to it; this is called a designated agency. Designated agents are not dual agents, although the brokerage firm and all nondesignated licensees would still be dual agents. Of course there is a form for this that must be signed before any offers can be made.
David Popoff is a license Realtor in Connecticut with William Raveis office in Darien, CT.
An accredited LEED Green Associate (LEED GA) by the United States Green Build Council (USGBC) and a Certified Green Professional (CGP) of National Association of Home Builders (NAHB).
- Member of the Connecticut Association of Realtors, CAR.
- Member of the National Association of Realtors, NAR.
- Member of the Connecticut chapter (CTGBC).
- Associate member of the HBRA-Fairfield County, Ct. .
- Contact David Popoff for all your real estate needs in Darien, New Canaan, Rowayton and other parts of Connecticut.