Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1. To be entitled to act as a dual agent, a real estate professional must do each of the following, except a. Early on, give

1. To be entitled to act as a dual agent, a real estate professional must do each of the following, except a. Early on, give notice to all buyers and sellers in the transaction of the possibility that the real estate professional (and/or the employing broker) will be or is already representing more than one party in the transaction. b. Transmit an acknowledgment form to all buyers and sellers in the transaction detailing the specifics (e.g., identity/identities of the real estate professionals involved in the dual agency and the party or parties they represent). c. Obtain and retain a signed acknowledgment form from each buyer and each seller in the transaction consenting to the dual agency. d. Disseminate all financial and bargaining information in the transaction to all buyers and sellers, so that each party has full knowledge of all relevant information, and the real estate professional/dual agent hides nothing (no secrets) from any party.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dynamic Asset Allocation With Forwards And Futures

Authors: Abraham Lioui , Patrice Poncet

1st Edition

0387241078,038724106X

More Books

Students also viewed these Finance questions