Dual agency case heads to California's highest court

  • A transaction involving different agents for buyer and seller, who operated at the same brokerage, has reached the California Supreme Court.
  • The court will decide whether the listing agent owed fiduciary duties to the buyer in the 2007 transaction.

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If a buyer and seller in a real estate transaction are each represented by separate agents from the same brokerage, do those agents owe a fiduciary duty to both buyer and seller? The California Supreme Court may soon decide that question for the more than 400,000 agents and brokers in the Golden State.