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dual agency |
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dual agency A relationship in which an agent represents two principals—clients—who may have competing interests.Most often encountered when one agent in a real estate company has a listing on a property and represents the seller, and another agent has a buyer-agency relationship with a buyer interested in the same property. Technically speaking, the managing broker is the agent of both parties and acts as a dual agent. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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This often leads to dual agency where the company is representing the buyer and the seller on the same transaction. Finally there is our dual agency role as the bridge between the medical and administrative communities within the hospital. Previous research has highlighted noteworthy issues in performing these evaluations, for example, showing underappreciation of the concept of dual agency (the conflict between serving as the treating physician and as an objective evaluator) and poor agreement among psychiatrists as to whether a patient is in fact disabled. |
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