Which type of agent is authorized to represent both the buyer and the seller in a transaction?

A dual agent is a licensed real estate agent who has the authority to represent both the buyer and the seller in a real estate transaction simultaneously. This unique position allows the agent to facilitate the sale more efficiently, as they can negotiate on behalf of both parties. However, it's important to note that this arrangement requires the agent to maintain impartiality, treating both parties fairly and without preferential treatment, which can be a complex balance to strike.

In Massachusetts, as in many other places, dual agency must be disclosed to both parties, and both must consent to it, ensuring transparency in the relationship. This contrasted with other types of agency relationships, such as a designated agent, who represents only one party in the transaction, thereby avoiding any potential conflicts of interest. A single agent also represents only one party, while a subagent typically assists another agent and does not represent either party directly. These distinctions highlight how dual agency is uniquely authorized to represent both buyer and seller in the same transaction.