Emilia is a broker employed to facilitate a transaction between two parties and, with their written consent, may act as an agent for both. What role is Emilia playing?
Social Studies · High School · Wed Jan 13 2021
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Answered on
- Emilia is playing the role of a dual agent. In real estate and other industries where brokering deals is common, a dual agent represents both the buyer and the seller in the same transaction. For Emilia to legally act in this capacity, she must have the written consent of both parties, acknowledging their understanding of the potential conflicts of interest and agreeing to the dual representation.