Earlier I wrote about representing buyer and seller. Asked for other's opinions. This happens more often with "teams" that have multiple agents and it may not be looked upon as dual agency, but it is...even as it is with listing and selling agents both working for the same broker; which is dual agency to the broker.
I have been in the business, in and out, since the mid 1970's and so much changes and yet so little really changes.
Laws change, documents change and our adherance to both must be followed. Ever since the mid 70's my ethics remain and continue and always will...the client(s) always come first, honesty and rightful disclosure, treating every client as I would want to be treated myself, working for a win, win transaction.
We are still in the same dual agency transaction as when my first blog went out asking for input. This has been one of the most blessed transactions I have ever been a part of. Needless to say the property is perfect, the seller is wonderful and blessed and the buyers are so special. The buyers knew every property on the market for the last 6 months better than most Realtors. And all the Realtors who had listings and open houses in this beautiful community knew them.
While working through this offer and acceptance I learned some things that we all need to keep in mind. We had the only offer and the seller had countered at full price. Another agent (who knew the seller) called the seller direct and told her she had a client who wanted to make an offer. Our seller called us and told us to tell our buyer that there was another agent with a buyer who wanted to make an offer the next day. (That agent had been showing the property when we were there with our buyer...and that agent called us too to say she was going to be writing an offer.) We said nothing to our buyer until our seller called us and said she wanted us to tell our buyer. We told our buyer...left them to think about it...a half an hour later they called us back.
Our buyer knew the value of the property and accepted the counter at full price. It is always a pleasure working with clients who are well aware of the market and of value. It makes it so much easier to give back!
This has to be the "Perfect" dual agency transaction!
And the added blessing...so far...as there may be many more...was the home inspection and inspector. After a most perfect inspection we had the priviledge of learning more about our seller and our client's inspector...medical miracles that broke my heart and at the same time filled it with joy! This is why I love my work!
My best to You All!
Comments(10)