You represent the buyer, and another licensee from your brokerage represents the seller in the same transaction. The type of agency relationship do you and the other licensee have with your clients is Dual-license dual agency.
In a real estate transaction, dual agency occurs when one agent represents both the buyer and the seller. A dual agent must maintain objectivity and not divulge any secret information to either party. Written consent is almost always required in the majority of states where dual agency is permitted.
Although there are certain advantages for the buyer, neither the buyer nor the seller are likely to benefit the most from this kind of agreement. Instead, it is the dual agent himself who stands to gain the most from the agreement.
To know more about Dual agency refer:
https://brainly.com/question/28222956
#SPJ4
