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Committee advances bill to bar single-agent representation in home sales
STATE AGENCIES & GOVT'L AFFAIRS-SENATE · April 1, 2021
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Summary
Sponsor says ban on dual agency will protect buyers after experiences where listing agents also represented buyers; Arkansas Realtors Association opposed the bill for lack of prior consultation and urged rulemaking first; committee passed the bill.
Senator Charles Beckham introduced Senate Bill 559 to prohibit a single real estate agent from representing both buyer and seller. Beckham said his own experience in a recent home purchase — including disputes over disclosures and missing utility easements — motivated the bill and that the change would…
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