Single Agency Relationships

In the mechanics of a real estate transaction, legal loyalty is not a spectrum; it is an absolute vector. Just as a compass needle cannot simultaneously point to two true norths, a real estate broker practicing single agency directs their fiduciary allegiance to one, and only one, side of the table. Agency is the invisible legal framework that governs who you protect, who you advise, and who merely receives your basic honesty. Misunderstanding this framework in New York does not just cost you a commission—it costs you your license.