Are agents allowed to represent multiple parties in a transaction?

Agents are permitted to represent multiple parties in a transaction only if all parties involved give their informed consent. This requirement is crucial for maintaining transparency and fairness in the transaction process. Informed consent means that each party is fully aware of the potential conflicts of interest that might arise and agrees to proceed under those circumstances.

This practice is designed to protect the interests of all parties involved. Without the explicit agreement from each party, an agent could face ethical dilemmas that compromise their ability to act in the best interest of any single client. Furthermore, maintaining clear communication and obtaining consent fosters trust and ensures that all parties are on the same page regarding the agent's role and any potential biases.

On the contrary, being allowed to represent multiple parties without any conditions may lead to conflicts of interest and a lack of accountability. Saying that agents can never represent multiple parties suggests an unrealistic constraint, as there may be situations where representation can benefit all sides if handled appropriately. Lastly, stating that representation should only occur if the deal is beneficial for the agent could imply that the primary motivation is financial gain rather than the best interest of the clients, which does not align with the ethical standards expected of agents.