Legally speaking: Can “team” members represent different sides to a transaction?

The answer to this depends on the Policy of the Broker. Many teams are set up where all team members represent all of the clients. This is reflected on the listing and other agency documents. The Consumer Guide to Agency is a good place to put the Team Policy. This document is given to both buyers and sellers to sign prior to viewing a home or listing. The Policy spells out how agency will be handled within the team.
When all team members represent all clients in the sale of a team listing, the team would be dual agents. As dual agents both team members remain neutral, cannot disclose confidential information, cannot negotiate or advocate for either party, etc.
Some Brokers allow for split agency within the team. This means that one agent on the team lists the property and represents the seller while another team member can bring in the buyer and represent the buyer. Each agent must fulfill his fiduciary duties to his respective client, which includes...http://www.realestateresource.tv