What kind of agent is Tim when appointing others to represent the buyer and seller?

Tim is engaging in the role of a disclosed dual agent when he appoints others to represent both the buyer and the seller. In real estate terms, a disclosed dual agent is one who represents both parties in a transaction with the knowledge and consent of all involved. This means Tim is facilitating the transaction by ensuring that both the buyer and the seller are aware that he is representing their interests, typically through appointed agents.

This role requires that the agent maintain transparency and fairness, as they must balance the interests of both parties while providing the necessary information and support throughout the process. Tim's actions imply he has acknowledged the potential conflict of interest that arises from representing both sides and has taken steps to ensure that both parties are informed and consenting to this arrangement.

This is crucial for maintaining trust and ethical standards in real estate transactions, which is why Tim's designation as a disclosed dual agent accurately reflects his responsibility to both the buyer and seller. Other terms like single agent or exclusive agent do not accurately capture the dual representation inherent in his actions, and a non-agent does not perform any agency duties at all, which does not apply to Tim’s role.