Dual agency remains one of the most legally precarious and frequently tested concepts on real estate licensing exams. This targeted episode unravels the complexities of representing both buyer and seller in a single transaction—a scenario that demands perfect understanding for exam success and career protection.

We'll clarify:

• What dual agency actually means and how it differs from designated agency
• State-by-state variations: where dual agency is permitted, prohibited, or restricted
• Disclosure requirements and the exact timing that triggers legal obligations
• How fiduciary duties transform when you're serving two masters
• Informed consent procedures that protect agents from liability claims
• The exam scenarios that test your grasp of dual agency pitfalls

Through detailed case examples, you'll learn to identify dual agency situations before they create problems and understand the heightened disclosure responsibilities that come with this delicate balancing act. We'll also decode the tricky exam language that often obscures whether a question involves dual agency or another representation type.

This episode gives you the confidence to tackle dual agency questions with precision while building the ethical foundation to handle these sensitive situations professionally if you encounter them in practice.

For more real estate exam preparation, visit us at https://www.realestateexamscholar.com.

Socials:

• Youtube
• Facebook
• Instagram
• X
• LinkedIn
• Reddit
• Threads