Agency
When a Vermont listing agent represents a seller in a transaction where they also represent the buyer (dual agency), the agent's ability to negotiate is:
AEnhanced because they know both parties' positions
BSignificantly limited — they cannot advocate for either party at the expense of the other or disclose confidential information✓ Correct
CUnchanged — the agent can still represent both parties fully
DTransferred to the VREC to handle
Explanation
Dual agency requires Vermont agents to function as facilitators rather than advocates. They cannot negotiate aggressively for either party, cannot disclose one party's confidential negotiating information to the other, and must maintain a neutral position. This is why many professionals prefer designated agency.
Related Vermont Agency Questions
- Vermont's 'informed consent' for dual agency requires that before proceeding the parties must understand:
- Vermont's 'seller's net sheet' prepared by the listing agent shows the seller:
- In Vermont, a 'designated agency' arrangement allows:
- A Vermont buyer's agent who also represents the seller in the same transaction must:
- When does a Vermont real estate agency relationship BEGIN?
- Vermont's Multiple Listing Service (MLS) allows participants to:
- Vermont's requirement for broker supervision means the principal broker must:
- A subagent in a Vermont real estate transaction:
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