Define customer in terms of duties of the real estate agent

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In the practice of real estate, agents and brokers seem to struggle with a legal concept known as "agency" and, in particular, a clear understanding of the difference between customers and clients. Fiduciary responsibilities are critical part of which relationship---customer or client? Why? Define a client and define a customer in terms of duties of the real estate agent? Lastly, “dual agency” is allowed in some states under very specific set of rules. What is “dual agency”? Is dual agency allowed in your home state? What are some of the rules that apply for dual agency?

Reference no: EM132295263

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