Do you think it is a sound business practice? What potential benefits do you see of dual agency? What potential pitfalls would you anticipate? Do you think you could be an effective dual agent? Why?

Dual Agency

The definition of Dual Agency is the following:

“A broker who represents both the buyer and seller in a transaction.”

Applying what you have learned about agency, make the argument for or against the practice.

Do an argument against:

Is it possible to fairly represent two competing parties to a transaction?

California allows the practice but many other states have laws against it.

• Do you think it is a sound business practice?
• What potential benefits do you see of dual agency?
• What potential pitfalls would you anticipate?
• Do you think you could be an effective dual agent? Why?