At Clark-Branch, Realtors, we take pride in the fact we have many great properties in the area listed for sale. When we list a property, an agency relationship is created between Clark-Branch, Realtors and the seller. In other words, Clark-Branch, Realtors represents the seller. Clark-Branch, Realtors may also form an agency relationship with buyers. These buyers develop a level of trust in the agent, who is obligated to put their interest first.

You may even permit the listing firm and its agents to represent you and a buyer at the same time. This " Dual Agency Relationship " is most likely to happen if an agent with your listing firm is working as a buyer's agent with someone who wants to purchase your property. If this occurs, and you have not already agreed to a dual agency relationship in your listing agreement, your listing agreement will ask you to sign a separate agreement or document permitting the agent to act as agent for both you and the buyer.

It may be difficult for a dual agent to advance the interest of both the buyer and seller. Nevertheless, a dual agent must treat the buyers and sellers fairly and equally. Although the dual agent owes them the same duties, buyers and sellers can prohibit dual agents from divulging certain confidential information about them to the other party.

Some firms also offer a form of dual agency called a "designated agency " where one agent in the firm represents the seller an another agent represent the buyer. This option when available may allow each "designated agent" too more fully represents each party.

If you choose the "dual agency" option, remember that since a dual agent's loyalties is divided between parties with competing interest, it is especially important that you have a clear understanding of what your relationship is.