Washington broker Lisa is representing buyer Greg in his search for a home. Greg tells Lisa that he is going through a difficult divorce and urgently needs to purchase a home before a court deadline, and that he would pay almost any price to close quickly. Later, Lisa finds a property listed by her own brokerage, creating a potential dual agency situation. Under RCW 18.86, what must Lisa do before proceeding as a dual agent?
Correct Answer
B) Lisa must obtain written consent to dual agency from both Greg and the seller before acting as a dual agent
Under RCW 18.86.060, a licensee may act as a dual agent only with the written consent of both the buyer and the seller. Before Lisa can represent both Greg and the seller in the same transaction, she must disclose the dual agency situation and obtain written consent from both parties. This written consent requirement is a mandatory statutory prerequisite under Washington law.
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