Several weeks ago, I listed a property for sale. After explaining that our firm does not engage in designated dual agency...
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When my firm is acting as a dual agent, can I give advice regarding negotiation strategy?

QUESTION: Several weeks ago, I listed a property for sale. After explaining that our firm does not engage in designated dual agency, but does practice “standard” dual agency, my owner-client signed our listing agreement and authorized us to act as a dual agent. One of the other agents at my firm has a buyer-client who just submitted an offer that is below the listing price. When my client asked me how he should counter, I explained that, in the dual agency context, I could not advise him on his negotiation strategy. My client was unhappy about my refusal to advise him. He now claims that the Real Estate Commission has given him a different opinion about what I can and cannot do. Are there limits on what advice I can give my seller-client in this context?


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