Dual agency is when a single brokerage represents both the buyer and the seller in a real estate transaction and has a fiduciary duty to both. Dual agency is illegal in Texas. However, intermediary agency is legal.
*The information provided in this article is meant for informational purposes only and is not intended to constitute legal, financial, tax, or insurance advice. Jovio encourages readers to contact their attorney or other advisors for advice regarding these matters.