What happens if the buyer and seller do not agree to a dual agency?

Study for the North Carolina 75-Hour Broker Course Test. Ace your exam with comprehensive flashcards and detailed multiple-choice questions, each with hints and explanations. Prepare confidently for your real estate career!

If the buyer and seller do not agree to a dual agency, the transaction can still move forward, but it requires the designation of a different broker to represent one party. This is essential in order to maintain the ethics and legalities of real estate transactions, as dual agency involves one agent representing both the seller and buyer, potentially leading to conflicts of interest.

When both parties do not consent to dual agency, having another broker step in ensures that each party receives full representation and independent advocacy during the negotiating process. This establishes clearer communication and more personalized service, while also protecting the interests of both parties without any compromise that might arise from having a single agent represent both sides.

In this context, a designated broker representing both parties is not possible without the mutual agreement to dual agency. Similarly, dual agency cannot be unilaterally enforced by the agent if one party does not agree. Therefore, the most suitable course of action in this scenario is assigning another broker to ensure both buyer and seller have proper representation.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy