When acting as a dual agent in Illinois, the licensee

While loyalty is an important aspect of agency relationships, a dual agent must remain neutral and cannot favor one client over another. In a dual agency situation, the licensee is required to balance the interests of both parties, rather than prioritizing loyalty based on the duration of the relationship.

A dual agent can provide information such as comparable sales to the buyer; however, this action must be done with caution and within the bounds of their fiduciary duties to both clients. The ability to provide such information does not inherently encapsulate the requirement for obtaining signed consent, which is a more critical aspect of dual agency.

While a dual agent may provide advice, including suggesting a lower offer, they must do so without compromising their obligation to maintain impartiality. The act of suggesting a strategy like a lower offer does not address the necessity of obtaining consent after the offer is executed, which is a fundamental requirement in Illinois dual agency law.