Agency
Dual agency in Iowa occurs when:
ATwo brokers from different firms represent the same buyer
BOne broker or brokerage represents both the buyer and the seller in the same transaction✓ Correct
CA salesperson and their broker both attend a showing
DA property is listed on two MLSs simultaneously
Explanation
Dual agency arises when the same broker or brokerage represents both parties to a transaction. Iowa law requires written informed consent from both the buyer and seller before a licensee may act as a dual agent.
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