Apparent Agency: Occurs when a principal's behavior leads a third party to reasonably believe an agency relationship exists, even if it does not formally. Dual Agency: Where an agent represents two principals simultaneously, often requiring informed consent to avoid conflicts of interest. These rela...
However, in states where the practice is legal, dual agency can be more efficient because there are fewer parties involved in the transaction. A dual agent may charge slightly lower sales commissions as well, since they are making money off of both sides of the transaction. Agent vs. broker...
Nonduality is the recognition that there is no fundamental divide between our mind and the world around us, between subject and object. Everything is an interconnected, unified whole. The intuition driving the persistent perception that there is a difference in substance between us and other, is ...
What is dual citizenship? Dual citizenship —or dual nationality— is when you are a citizen of two different countries at the same time. In the context of the U.S., it means you’re both a U.S. citizen and a citizen of another country. Not every country allows dual citizenship, and...
Home sales and prices have been on a steady increase over the last few months as the market remains on a stable path of recovery, but low inventory in some markets have created stiff competition—with some areas reporting bidding wars. And some buyers are looking for any edge possible.Donna...
What Is Generative AI (GenAI)? Generative AI (GAI) is the name given to a subset of AI machine learning technologies that have recently developed the ability to rapidly create content in response to text prompts, which can range from short and simple to very long and complex. Different gener...
What Is a Dual Agent? Agents enter dual agency when they represent both the seller and the buyer in the same transaction.Dual agencycan happen even if two agents are involved—a listing agent and a buyer's agent—if both agents work for the same broker. The real estate broker becomes the...
If you are selling your home in-house, you should insist your agent remains a seller’s agent. Never accept a single-agent dual agency where your agent becomes a neutral party. The practice is so bad some states have made it illegal altogether. ...
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What is meant by Mutual Agency?Partnership:A partnership is a business structure made by at least two people who agree to form a business and share the profits and losses according to their initial investment in the business. Since a partnership agreement is legal, breaching the contract will ...