Dual Agent” or “Dual Representative” means a licensee who has a “brokerage relationship” with both seller and buyer in the same real estate transaction.

The state licensing regulations say that anyone who receives compensation or other valuable consideration for working with a buyer to assist them in buying or offering to buy a property must have a real estate salespersons or brokers license unless they fall under one of the exemptions to the licensing regulations.

You may accept the packet or certificate as is, or you may cancel the contract. If you agree to accept it as is, the purchaser may be liable for any non-compliance with the association rules.

A listing agent wants to "list" a mobile home for sale in the Metropolitan Regional Information System (MRIS). The broker is not sure if the mobile home qualifies as real estate and called me to find out if this is something that a licensed real estate agent can "sell"...

The code of Virginia sets forth what services a dual agent cannot provide.

The following is intended to serve as a guideline of Dos and Don'ts for Unlicensed Personal Assistants (UPA).

The listing agent, Sarah, receives an offer from Ann-Lewise, the buyer's agent. Ann-Lewise's offer is a full price offer, all cash deal. Leslie, another buyer's agent, submits a second offer. She asks Sarah if there are other offers on the property. Sarah answers that she just received another offer. Leslie then asks for the terms of the other offer...

This is the second article in a series entitled, "Top 10 Claims Against Realtors®". The #2 cause of claims against a Realtor®? Failure to Disclose.

As with all landlord tenant questions, you must first ascertain whether your lease is subject to common law or whether it is subject to the Virginia Residential Landlord Tenant Act (VRLTA).

The agency relationship is limited in scope to the services the client has selected. However, a limited service agent still owes all the same duties to the client as a regular agent.

The buyer's agent has notified her that the buyers learned from the neighbors that the seller's son committed suicide in the property a few years before. The listing agent wants to know if she was obligated to disclose this information and if she is going to get into any trouble because she did not know about the suicide?

Article 3 requires a REALTOR® to cooperate with other brokers "whenever it is in the interest of the client."

The CIC Board was established to regulate management companies and their supervisory and managerial employees.

I represent a buyer who wishes to make an offer on a property listed by a limited service broker. The seller is reviewing our offer and asking me many questions. May I answer his questions?

A limited service agent is an agent who performs limited services selected by the client.

Realtor®, Mr. Lister, listed his client, Mr. Seller's home and subsequently advised him to accept an offer from Mr. Buyer at less than the listed price. Mr. Seller later filed a complaint with the association against Mr. Lister stating that Mr. Lister had not disclosed that Mr. Buyer was Mr. Lister's father-in-law...

I am changing companies, and I currently have properties listed. What happens to those listings?

In most states, "Caveat emptor" no longer applies to real estate transactions. Instead, it is the licensee who bears responsibility for making disclosure of all material facts of which he or she has knowledge.

A non-agent is a person who does not represent the customer as an agent of that client. Rather that person is simply performing ministerial acts on behalf of the customer.

The first condition is mutual agreement of buyer and seller on the release of the money.