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There are eight states in which dual agency is illegal
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There are eight states in which dual agency is illegal.
Alaska
Colorado
Florida
Kansas
Maryland
Texas
Vermont
Wyoming
Dual agency in real estate occurs when a real estate agent represents both the buyer and the seller in the same transaction. While it's legal in some places, many real estate professionals and consumer advocates advise caution and highlight potential drawbacks. Here are several reasons why dual agency may not be the best choice for a home buyer:
Conflict of Interest:
Limited Loyalty: In a dual agency scenario, the agent owes…
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