Oregon Real Estate Practice Test 2026 – Complete Exam Prep

Dual agency in Oregon real estate refers to a situation where a single real estate agent or broker represents both the buyer and the seller in a transaction. This arrangement can create a unique set of dynamics, as the agent must navigate the interests and needs of both parties simultaneously.

In this context, the agent is expected to maintain neutrality and fairness; they must facilitate communication and negotiations without favoring one party over the other. This position requires a clear understanding of legal obligations, as dual agency can complicate issues such as confidentiality, loyalty, and the fiduciary duties owed to both clients.

Understanding dual agency is crucial for real estate professionals in Oregon, as it is governed by specific state laws and regulations that aim to protect all parties involved in the transaction. The concept emphasizes the importance of informed consent, meaning that both the buyer and seller must agree to this arrangement after being made aware of its implications.