Do you know the risks of dual agency? Better read this article from Realtor Magazine about the perils of dual agency:
The topic of dual agency stirs many opinions within the real estate community. There are some agents who are dead set against it. Others say they have absolutely no problem with it. But having been a real estate professional for 32 years, I can unequivocally say that many real estate agents have no idea how dual agency truly works.
Dual agency isn't allowed in Texas, but if the broker allows, we can do "intermediary." I have used this twice, once where parents were selling the home to their daughter and no negotiations were involved; and once when an ex-husband (on good terms with his former spouse) sold the house to the mother of his child and no negotiations were involved.
Colorado decided several years ago to abolish dual agency, as so many agents got in trouble.
So Joan, if your company is representing a seller, is it ok with buyers not to be represented if they are interested in one of your company's listings?
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