Agency
In Colorado, a 'designated agency' arrangement (appointed agent) allows the employing broker to:
AA. Represent all parties in a transaction without disclosure
BB. Designate one associate to represent the seller and a different associate to represent the buyer in the same transaction, providing each party with dedicated representation✓ Correct
CC. Assign junior brokers to all seller clients
DD. Appoint a third-party arbitrator
Explanation
Colorado's designated agency (sometimes called appointed agency) allows an employing broker to designate one associate broker to represent the buyer and a different associate broker to represent the seller in the same in-house transaction. Each party has their own dedicated representative, avoiding dual agency.
Related Colorado Agency Questions
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