Dual Broker's Responsibilities

We promise to:

•  Act solely in the best interests of the seller and buyer to the exclusion of all other interests, including those of the dual broker
•  Obey promptly and efficiently all lawful instructions of buyer and seller
•  Disclose to buyer and seller all relevant and material information concerning the real estate transaction, which is known by the dual broker and not known by the buyer and seller, unless the information is subject to confidentiality arising from a prior or existing broker's relationship
• Exercise reasonable skill, care and diligence in pursuing buyer's and seller's objectives as established in the buyer broker agreement and in the listing agreement
• Fully account to buyer and seller for all funds or property of the buyer and seller coming into the dual broker's possession
• Comply with all applicable federal and state laws, rules and regulations, and
• Safeguard the buyer's and seller's confidences, subject to the obligation to disclose to a buyer or a seller any adverse material facts that are known to the dual broker, regardless of any confidentiality considerations. The following may not be disclosed without written consent of the party to whom the information is confidential:
  •  That the buyer is willing to pay more than the buyer has offered for the property;
  • That the seller is willing to accept less than the asking price for the property;
  • Factors motivating the buyer to buy or the seller to sell; and
  • Any other information that a party specifically indicates in writing to the dual broker is to be kept confidential and that is not an adverse material fact.

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