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3,350,888
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

You'll have to ask a broker in your state - laws vary in each state.

Sep 27, 2017 09:47 PM
Rainmaker
3,053,541
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Debe Maxwell, CRS nailed this one!

Sep 28, 2017 03:37 AM
Rainmaker
1,079,792
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Did you not learn this in school???

Sep 30, 2017 01:26 PM
Ambassador
4,264,789
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Dual agency is One agent getting the job done for all parties.

Limited agency is often just a bad joke.

Sep 29, 2017 07:58 PM
Ambassador
2,358,004
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 2 different things.

 Limited Agency - see your state's statutes for a precise definition.

 Dual Agency is illegal in Florida.  But we have "Transaction Brokerage", which his essentially the same thing.

Sep 28, 2017 07:10 AM
Rainmaker
3,301,022
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Check your state law. Many terms have different definitions in different states.

Sep 28, 2017 06:16 AM
Rainmaker
5,422,912
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Follow the rules in your state.

Sep 28, 2017 04:51 AM
Rainmaker
1,523,605
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Agency laws vary a lot from state to state.

Sep 27, 2017 09:34 PM
Rainmaker
270,288
Allie Angeloni
Long Realty - Oro Valley, AZ

All states are not the same, so the answer in our state may be different from where you work Cesar Contreras

Sep 28, 2017 10:56 PM
Rainmaker
2,799,476
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I wish you all the best in your studies. 

Sep 28, 2017 07:57 AM
Rainmaker
4,797,386
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

When an agent represents both parties.

Sep 28, 2017 06:13 AM
Ambassador
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Alan May
Jameson Sotheby's International Realty - Evanston, IL
Helping you find your way home.

Sep 28, 2017 05:37 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It is something discussed in chapter three.

Sep 28, 2017 05:04 AM
Rainmaker
3,130,457
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

They are not the same thing. Perhaps you should refer to your textbook on agency.

Sep 28, 2017 12:37 AM
Rainmaker
1,163,257
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty

A lot of good anwers is here

 

Sep 20, 2018 12:33 PM
Rainmaker
4,104,666
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Colorado removed dual agency several years ago.

Oct 01, 2017 06:09 AM
Rainmaker
525,654
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Beware of people who are bad at spelling and challenge you to a dual

Sep 30, 2017 10:26 PM
Rainer
3,015
Angela Henry
Premier Brokers International - Palm Beach Gardens, FL
Realtor serving the West Palm Beach area

Limited or a dual agency is for example when 2 agents from the same brokerage where one represent the buyer and the other the seller.  Another is when an agent represent both buyer and seller and cannot be in a fiduciary relationship.  This is not allowed in the state of Florida.

Sep 30, 2017 08:03 PM
Ambassador
4,300,542
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Cesar Contreras - every state handles this differently.

Sep 28, 2017 11:01 PM
Ambassador
3,983,141
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I do not do dual agency or limited agency. I do single agency.

Sep 28, 2017 08:43 PM
Rainmaker
1,246,882
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Dual is when you work for the CIA and the KGB

Sep 28, 2017 09:37 AM
Rainmaker
1,548,850
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Read Chapter 1 Agency, then ask your instructor if any questions arise

Sep 28, 2017 07:55 AM
Rainmaker
3,020,967
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

You can not both get the highest price for a seler and get the lowest price for your buyer on the same home.

Sep 28, 2017 05:35 AM
Rainmaker
4,432,217
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I hope your text book that you use for your course  will have the answer.

Sep 28, 2017 05:31 AM
Rainmaker
737,675
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Those are two very different things. Look it up!

Sep 28, 2017 04:57 AM