EstatePass
Residential TradingMultiple RepresentationABMEDIUM

When can a real estate agent in Alberta represent both the buyer and seller in the same transaction?

Correct Answer

B) Only with written consent from both parties after full disclosure

Multiple representation is permitted in Alberta when the agent provides full disclosure to both parties about the potential conflicts of interest and obtains written consent from both the buyer and seller. The agent must treat both parties fairly but cannot provide the same level of advocacy as in single representation.

Answer Options
A
Never, it's prohibited under RECA regulations
B
Only with written consent from both parties after full disclosure
C
Only if they reduce their commission by half
D
Only if the transaction value is under $500,000

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