Agency
In Washington, when a buyer uses a broker from the same firm as the listing broker, the firm is likely in a situation called:
ASubagency
BDual agency or designated agency✓ Correct
CCustomer service representation
DExclusive buyer agency
Explanation
When both the buyer's and seller's brokers are affiliated with the same brokerage firm, the firm is in a dual agency situation. Washington allows the firm to use designated agency to appoint separate brokers to represent each party, minimizing conflicts.
Related Washington Agency Questions
- Under Washington's agency law, if both the buyer's and seller's brokers are from different firms and the buyer's broker is also the transaction's dual agent, the buyer's broker owes:
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