Hi There,
If the same agent is actually representing the buyer and the seller then yes, that would be a duel agency situation. If, the listing is the brokers and that perticular agent is not representing buyer or seller then that would be a designated duel agency.
Lynda Kearney

In New York it does. I do not sell real estate in New Jersey so I wouldn't know their rules. In New York it creates a dual agency because buyers agent is working for the company the home is listed with. It's not a big deal as long as negotiations are dealt with fairly and honestly there should be no problem. It gets a little tricky when you are the buyer for a listing agent since the agent has loyalty to her seller and is very involved with her seller since the sellers agent is the homeowners agent. Sometimes the listing agent will appoint a designated agent to negotiate for the buyer in this situation. If the dual agent is not the listing agent it isn't that complicated, since they are not directly involved with the seller it is just their companies listing. If you need a great agent let me know I do not have a New Jersey license but know many agents in New Jersey I can refer you to.