Understanding Agency Representation in Arkansas Real Estate

As a seasoned licensed real estate agent and proud member of the National Association of Realtors (NAR), I am committed to providing clarity and transparency to my clients about the different types of agency representation available in Arkansas. Understanding these types of representation is crucial when engaging in any real estate transaction, as they determine the level of fiduciary duty and loyalty you can expect from your real estate agent. Let's delve into the various agency relationships in Arkansas:

Seller's Agency:

When a real estate agent represents the seller exclusively, they act as a Seller's Agent (Listing Agent). The primary duty of a Seller's Agent is to promote the interests of the seller throughout the transaction. They must provide the seller with accurate information, confidentiality, and negotiate the best possible terms and price for the property.

Buyer's Agency:

Buyer's Agency (Buyer's Agent), on the other hand, is when the real estate agent represents the buyer exclusively. In this relationship, the agent owes fiduciary duties to the buyer, helping them find suitable properties, negotiating on their behalf, and advocating for their best interests. A Buyer's Agent must maintain confidentiality and disclose any information that may affect the buyer's decision-making process.

Dual Agency:

Dual Agency occurs when a Real Estate Agent represents Both the Buyer and the Seller in the same transaction. While legal in Arkansas, dual agency is a delicate situation as the agent is required to remain neutral, not favoring one party over the other. In this scenario, the agent must disclose this dual agency relationship to both the buyer and the seller.

Designated Agency:

Designated Agency is an arrangement where different agents within the same brokerage are assigned to represent the buyer and the seller separately. This allows for a higher level of representation, as each agent can focus on their respective client's best interests without the conflict that arises in dual agency. Designated Agency ensures that both parties receive dedicated and loyal representation.

Before engaging a real estate agent in Arkansas, you should clearly understand the type of agency relationship you'll have. It's recommended to have a written agreement outlining the terms of your representation to avoid any confusion or misunderstandings later on.

As a dedicated NAR member, I abide by the association's Code of Ethics, ensuring Honesty, Professionalism, and Integrity in all my dealings. My commitment to representing my clients' best interests is unwavering, and I always strive to provide a smooth and successful real estate experience.



If you have any questions or need assistance with your real estate journey in Arkansas, feel free to reach out. I am here to guide you through every step of the process and make your real estate dreams a reality!