Agency
When a Maine real estate agent represents both the buyer and seller in the same transaction as a dual agent, the agent must:
AAutomatically favor the seller
BObtain informed written consent from both parties✓ Correct
CReduce their commission by 50%
DWithdraw from one representation immediately
Explanation
Dual agency is permitted in Maine only with the informed written consent of both the buyer and seller. Without such consent, dual agency constitutes a breach of fiduciary duty.
Related Maine Agency Questions
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