What can a salesperson legally provide to a buyer after obtaining a Dual Agency Consent Agreement?

A salesperson operating under a Dual Agency Consent Agreement is positioned to assist both the buyer and the seller in a real estate transaction while maintaining a fiduciary duty to both parties. In this context, providing comparable market data is permissible as it does not breach confidentiality and is essential for the buyer to make informed decisions about the property’s value and market conditions.

Comparable market data consists of information regarding similar properties sold in the area, helping the buyer to understand the current market trends and pricing. This type of information is generally transparent and is often shared in the interest of facilitating the sale process, respecting the rights and confidentiality of both parties involved.

In contrast, sharing a seller's financial information or the buyer’s financial qualifications could lead to conflicts of interest and breach the confidentiality stipulated in a Dual Agency Agreement. This agreement inherently involves managing sensitive information about both parties, and disclosing other offers or the financial circumstances of either party goes against the ethical standards established in real estate transactions. Therefore, providing comparable market data is not only legal but also aligns with the responsibilities of a dual agent to promote a fair and informed transaction.