What is Dual Agency in Connecticut?

By
Real Estate Broker/Owner with DMK Real Estate Ct RE Broker 0789963

What is Dual Agency in Connecticut?Dual Agency in Ct.

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.

 

Posted by

David Popoff
Connecticut Licensed Real Estate Broker
Realtor® Green
Seller Representative Specialist
Accredited Buyer Representative
candidate
LEED AP Homes

 

DMK Real Estate, Darien, CT.
Cell (203) 228-0646
DMKrealestate.com

 

 

 

DMK Realty, 06820 

 

 

 

 

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735,491
Charita Cadenhead
Keller Williams Realty - Birmingham, AL
Serving Jefferson and Shelby Counties (Alabama)

David the discussion of dual agency is one that bears repeating often.  But I think it may need to be taken one step further and include what it means to "represent" a party vs work with.  As a public post for the consumer's sake, an explanation of the other types of agency would be even more helpful.  Your explanation is very well written.

Jan 14, 2011 01:14 AM #1
Rainmaker
364,108
Scott Hayes
(512) 786-8300 - Austin, TX
Realty Austin, Broker Associate

David,

 

A good explanation of a subject the public isn't very well aware of.

Jan 14, 2011 02:18 AM #2
Rainmaker
277,596
Larry Atkins
State Wide Realty Co. - Farmville, VA

David, a clear and concise explanation of a confusing subject for the public. Great Post.

Jan 14, 2011 03:32 AM #3
Rainmaker
746,671
David Popoff
DMK Real Estate - Darien, CT
Realtor®,SRS, Green ~ Fairfield County, Ct

Thank you for the positive feedback, I tried to pick a subject that is not totally clear to the general public even though most have heard of the term before.

Jan 14, 2011 03:49 AM #4
Rainmaker
985,275
Bob Souza (925) 513-3400 & Leilani Souza (916) 408-5500 Souza Realty - Real Estate Broker in Placer County, California
Souza Realty - Roseville, Rocklin, Granite Bay, Loomis, Penryn, Newcastle, Lincoln, Auburn, Meadow Vista (Placer Coun... - Roseville, CA
Homes & Land, Real Estate Investments and Rentals

David, I'm sure your Connecticut readers will appreciate this important piece of information regarding dual agency...you make it very easy to understand! :)

Leilani

Jan 14, 2011 09:25 PM #5
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Rainmaker
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David Popoff

Realtor®,SRS, Green ~ Fairfield County, Ct
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