Instructor: Lynn Madison
Location: Virtual
Start Date: Feb 19, 2021 • End Date: Feb 19, 2021
Credit Hours: 2 - Elective
Contact & Registration Information
Three Rivers Association of REALTORS®
[email protected] or 815-744-4520
Course Description
License law allows Dual Agency. If your company and your clients say “Yes”…. how do you balance the duties for both buyer and seller? This course focuses on best practices for meeting the needs of both sides of the transaction while keeping in compliance with the provisions of our Real Estate License Act.
LEARNING OBJECTIVES
- Students will recognize the proper time and methods for dual agency disclosure
- Informed written consent means the client must understand the agent’s relationship and what the licensee can and cannot do when acting as a dual agent
- Proactively positioning a client with careful education and management of expectations from the start will provide a solid foundation for clients to make their own decisions when their dual agent cannot make recommendations during negotiations
- Licensees will recognize the obligation to withdraw from representation if one client is not comfortable with the dual agency functions
- Students will identify what systems and structures would dictate if a Team should act as designated agents or dual agents.
2.19.21 AGY 400