Can a real estate agent represent more than one buyer?

According to Corben Grantt from Real Estate Professional, he mentions interesting aspects that I would like to share in this article.

When it comes to purchasing a house, you have a responsibility to your customers to act in their best interests. Most consumers will find this to be a significant purchase, therefore they want someone they can rely on to guide them through the procedure. To maintain fair service and public confidence in real estate professionals, significant ethical standards are in place nationwide.

Various real estate authorities across the nation have laid down guidelines about how numerous representations must be managed in order to safeguard clients and yourself. To prevent breaking any real estate laws in their province, agents must be aware of these guidelines. Failing to do so could have negative effects on their careers as well as dissatisfied consumers.

On the same property, may an agent represent many clients?

Depending on the province you work in, there will be different rules regarding multiple representations because each provincial real estate authority has its own set of regulations on the subject. We shall examine several national regulations in this part. This is only a broad summary, so if you find yourself in a situation like this, you should check the relevant laws in your area.

Ontario

The Real Estate Council of Ontario in Ontario permits multiple representations with certain restrictions. The most crucial thing to understand is that you must let your clients know as soon as possible about the circumstance if you are engaging in dual representation.

British Columbia
Contrarily, dual agency is nearly always prohibited in BC. This means that in any transaction, a single brokerage may only represent one seller or buyer. This rule has a rare exception that applies to rural regions that are underserved by licenced real estate agents. Dual agency is far more likely to occur in these locations, and it is impracticable to prevent it in order for brokerages to submit an exemption application.

Alberta
A common-law brokerage and a designated agency brokerage are the two types of brokerages in Alberta. Working with many clients on one transaction would be in conflict of interest under a common-law brokerage, because agency relationships are formed between a consumer and the brokerage.