14.33 Potential Liability Relating to Agency Relationships

The Company permits disclosed dual agency. Therefore, certain pros and cons exist and as the associate, you should study and understand the risks involved.

• Pros: Allows for the greatest number of transaction possibilities in which the company may be involved and from which commissions may be derived.

• Cons: Requires the consent of all parties to the transaction, which many buyers and sellers may not want to give. This policy always poses the possibility of liability, even if consented to by the seller and buyer. As a result, the Associate must spend a great deal of resources and time monitoring transactions in which dual agency might occur or will occur.