Interesting no one has mentioned the double dip regarding agency relationships. The reason broker/agents are not inclined to disclose who is working for whom centers on the commission factor.
By example: If I represent the seller (seller's agent) I am advertising the property. Hopefully my skillful marketing brings a buyer. The potential buyer calls ME (the seller's agent) to see the property. I show MY listing, the potential buyer likes MY property. The potential buyer signs a purchase offer.
I now (2 comments)
buyers agent: The Real Problem with Real Estate Is:
- 07/08/11 01:35 AM
The Problem with Real Estate Is: LIFE GETS IN THE WAY! A typical phone call might play like this: Prospect: "Hey, saw your sign on Post Road and wanted to know how much that house is?" Agent: "Oh, we have two on that block. Was it the green one with blue shutters or the gray one with yellow vinyl siding?" Prospect: "It's the green one me and Janet wanted to see." But, I want to know the list price before anything else. Agent: "Hold on a minute and I'll look that up for you right now. (20 second pause for look (5 comments)