Appointed Agency in Iowa

Real Estate Broker/Owner with Weaver Realtors B55786000

Do you or does your brokerage practice Appointed Agency? I am located in Storm Lake IA, nw corner of Iowa, and our brokerage does practice Appointed Agency. I would like to hear from other agents and brokers who use this type of representation. How do you practice appointed agency, how do you explain to a client the advantages of this agency over consensual dual agency. As the broker how do you work with your agents within this type of agency, for example how do you determine who the appointed agent is for each side of the transaction? 

I would like to go to all Appointed Agency because I believe it is by far what is best for our buyers and sellers. But I want to ensure it is also what is best for the agents in the office, so I thought of having a rotating appointed agent.

Weaver Realtors Broker Owner Georgia Weaver

Posted by

Georgia A. Weaver, GREEN, CNE, CRS, GRI, 
Broker Owner and Iowa Certified General Contractor

Weaver LLC Realtors
"A Promise Made is a Promise Kept"

607 Lake Avenue
Lake Avenue
Storm Lake, IA 50588
Office 712-213-4663 (HOME)
Direct 712-291-0118

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Karen Feltman
Cedar Rapids/Iowa City, IA KW Legacy Group - Cedar Rapids, IA
Relocation Specialist in Cedar Rapids, Iowa

Our broker in Cedar Rapids switched us to appointed agency a couple of years ago.  It was the right move for us at the time.  As the market leader, we found ourselves in dual consensual agency too much when we represented over 50% of the buyers on our own listings.  Now we can use consensual dual agency as it is meant to be....when the agent him/herself represents both parties to the transaction. 

Apr 02, 2013 04:40 AM #1
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Georgia Weaver

A Promise Made is a Promise Kept! 712-291-0118
Ask me a Storm Lake IA area real estate question.
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