rennie group policy manual

the agent’s expertise; 4) not to disclose any confidential information from or about either party; 5) to make a good faith and continuous effort to find a buyer for the property, subject to the limitations set forth in RCW 18.85.060; and 6) to make a good faith and continuous effort to find a property for the buyer, subject to the limitations set forth in RCW 18.85.060. The showing of properties not owned by the seller to prospective buyers or the listing of competing properties for sale by a limited dual agent does not in and of itself constitute action that is adverse or detrimental to the seller or create a conflict of interest. The representation of more than one seller by different Licensees affiliated with the same Firm in competing transactions involving the same buyer does not in and of itself constitute action that is adverse or detrimental to the sellers or create a conflict of interest. The showing of property in which a buyer is interested to other prospective buyers or the presentation of additional offers to purchase property while the property is subject to a transaction by a limited dual agent does not in and of itself constitute action that is adverse or detrimental to the buyer or create a conflict of interest. The representation of more than one buyer by different Licensees affiliated with the same Firm in competing transactions involving the same property does not in and of itself constitute action that is adverse or detrimental to the buyers or create a conflict of interest. Licensees shall fully explain limited dual agency relationships, including the role of Licensee’s Firm, prior to seeking such agreement. The signed consent to limited dual agency shall be attached as an addendum to any written agency agreement between the buyer and the Licensee. The Licensee shall carefully honor the duties imposed on limited dual agents. In a transaction involving a buyer and seller who are both represented by Licensees associated with Firm, Firm shall be a limited dual agent and represent both the seller and the buyer, pursuant to a consent to limited dual agency signed by both parties. In such a situation, each Licensee will continue to represent only the party with whom such Licensee has an agency relationship, unless all parties agree in writing that both Licensees are limited dual agents. All representation shall be consistent with Company policies and procedures established to ensure Licensees will not have access to, and will not obtain, confidential information concerning another client involved in the same transaction. Failure to follow these policies and procedures is grounds for termination of the Licensee’s ICA under that agreement. Offers and Counter Offers Presentation of Offers All offers must be presented to the seller by the listing Licensee in a timely manner. The Licensee must record, for the transaction file, the time and date of presentation. Unless timely presentation would be unreasonably delayed, all offers should be presented to Firm for his or her review prior to presentation to the seller. The Licensee presenting

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