Pros and Cons of Dual Agency:

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When it comes to Real Estate, there are many terms always being thrown around when you are working with an agent. As someone who could be new to the world of real estate all these worlds and phrases getting thrown around could be overwhelming. Today we are going to discuss what a Dual Agency is.

The Dual Agency is when both the seller of the property and the buyer of the property use one agent to represent the both of them. In New York State, dual agency is acceptable as long as the requirements for written disclosure are satisfied. All real estate brokers and agents must expressly disclose to the buyer, seller, or both of the transaction in New York. Dual agency allows the process to go smoothly since only one…

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