When is it permissible for a broker to represent both a buyer and a seller in the same transaction in Georgia?

In Georgia, a broker is permitted to represent both a buyer and a seller in the same transaction, commonly referred to as dual agency, only when written consent is obtained from both parties. This requirement is in place to ensure transparency and to protect the interests of both the buyer and the seller. By obtaining written consent, the broker ensures that both parties are fully aware of the dual representation and agree to the possible conflicts of interest that may arise. It emphasizes the importance of informed consent in real estate transactions, where both the buyer and seller must be on the same page regarding the broker’s role and responsibilities.

The necessity for written consent underscores a commitment to ethical practices in real estate, ensuring that both parties’ interests are acknowledged and respected. This process helps to build trust and foster a clearer understanding between all involved in the transaction.