Agency
In Wisconsin, dual agency requires:
AOnly verbal consent from both parties
BWritten informed consent from both the buyer and the seller✓ Correct
CApproval from DSPS before proceeding
DA court order
Explanation
Wisconsin requires written informed consent from both the buyer and seller before a licensee may act as a dual agent representing both parties.
Related Wisconsin Agency Questions
- A Wisconsin real estate team (a group of licensees operating under one name within a brokerage) must:
- Under Wisconsin agency law, a 'client' is defined as a person who has entered into a:
- Wisconsin requires licensees to provide the 'Disclosure to Clients and Customers' form at what point in a real estate transaction?
- Under Wisconsin law, a buyer's agent who learns the seller will accept less than the listing price should:
- A Wisconsin buyer's agent writes an offer for a client. The offer is submitted and accepted. At this point, the agent's agency relationship with the buyer:
- Wisconsin's agency disclosure requirements are designed to ensure that consumers:
- In Wisconsin, when a buyer's agent also shows a property listed by their own brokerage firm, the situation may create:
- A Wisconsin seller's agent receives an offer far below the listing price. The agent's duty is to:
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