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A dual agent can represent the buyer and the seller, but both parties must consent to the arrangement and acknowledge that they are giving up the benefits of exclusive representation.
But if the buyer is unrepresented, the seller can offer to pay 5 percent to the exclusive broker who acts as a dual agent, said David Maundrell, the president of the Brooklyn firm Aptsandlofts.com.com
Alexander F. Treadwell, the New York Secretary of State, has stated however, that if proper disclosure is made, a real estate firm can function as a dual agent representing both the buyer and the seller, while at the same time designating one agent to represent the seller and another to represent the buyer.
A dual agent can maintain each party's confidence, Mr. Garfinkel said — for instance, by not disclosing to the seller that the buyer just received a big bonus check, or by not telling the buyer that the sellers are divorcing and want a quick sale.
(2012) propose a dual agent Multi-Robot System for solving a foraging objective.
Furthermore the efficacy of dual agent nanoparticles to induce apoptosis and inhibit migration of breast cancer cells was assessed by Annexin-V and wound healing assays respectively.
Similar(36)
But often circumstances are less clear-cut, because they are acting as dual agents.
Viewing the Fed and Apple as dual agents of economic stimulus is probably irresistible, he said, but too literal of a comparison is "misguided".
If, for example, a buyer is working with an agent and becomes interested in a listing represented by another agent who works at the same firm, then both agents become dual agents, and neither can provide undivided loyalty to either the buyer or the seller.
These dienones may be referred to as dual agents having both MDR revertant properties and tumour-selective cytotoxicity.
Compounds were pretended to act as dual agents against diabetes and oxidative stress, two correlated pathologies involved in metabolic syndrome development and progression.
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