The Donaldson Digest - News and Notes for Industry Pros Canada Bans Dual Agency in Real Estate Transactions On June 15th, the Real Estate Council of British Columbia banned the practice of “dual agency” (also known as “double ending”) in order to ensure that real estate agents serve their clients without any potential conflicts of interest. In Canada, dual agency means that an agent can represent both the buyer and the seller in the same transaction. However, in the United States, “dual agency” often refers to a transaction involving two agents of the same company, not necessarily one agent representing both sides of the aisle.British Columbia’s Superintendent of Real Estate, Michael Noseworthy, said to Realtor Magazine: “These changes have been designed to reinforce a real estate agent’s duties and obligations to their clients and to ensure that agents are always acting in their client’s best interests. We want to make sure that the advice consumers receive is solely for their benefit and that consumers have confidence that their agent is undoubtedly on their side.”The ban applies to an agent representing:The [...]