Prohibit Dual Agency in California Real Estate Transactions

The Issue

Dual agency in real estate compromises transparency by allowing one agent to act for both buyer and seller. Currently, California law permits this practice, putting citizens at a risk of conflict of interest. National Association of Realtors reported that nearly 4% real estate transactions in the U.S. involve dual agency. However, this figure might be underestimated due to underreporting. This dual representation can lead to lack of adequate advocacy and negotiation, often skewing the deal in one party's favor. This lack of total representation can place the less-informed party in a vulnerable position, leading to unfair transactions and undermining consumer protection. Therefore, it is imperative to ban dual agency in real estate transactions. Let’s push for a change in California law to protect house buyers and sellers. Sign the petition today to urge lawmakers to prohibit dual agency in California real estate transactions.

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The Issue

Dual agency in real estate compromises transparency by allowing one agent to act for both buyer and seller. Currently, California law permits this practice, putting citizens at a risk of conflict of interest. National Association of Realtors reported that nearly 4% real estate transactions in the U.S. involve dual agency. However, this figure might be underestimated due to underreporting. This dual representation can lead to lack of adequate advocacy and negotiation, often skewing the deal in one party's favor. This lack of total representation can place the less-informed party in a vulnerable position, leading to unfair transactions and undermining consumer protection. Therefore, it is imperative to ban dual agency in real estate transactions. Let’s push for a change in California law to protect house buyers and sellers. Sign the petition today to urge lawmakers to prohibit dual agency in California real estate transactions.

Petition Updates