It's a precarious position to be in. One of my listings just received 2 offers - from the same brokerage. Betty and Bobby both work for the same company, XYZ Realty. Personally, it makes no difference for me and my seller, but it certainly matters (it better) to the brokerage for Betty & Bobby.
XYZ Realty has one broker in charge and he or she technically and factually represents all the same buyers within that brokerage. The Realtors/Salespersons/agents all work the 'clients' on behalf of the brokerage. That said, the buyers are supposed to be equally represented and they both deserve to be treated fairly by THEIR brokerage. Ours too, but in this real life problem this isn't about my brokerage.
How can this take place if 2 buyers represented by the same brokerage are interested in the same house?
What if Bobby's buyer was not under a written Buyer's Representation Agreement? Wouldn't that technically make Bobby a Sub-Agent; meaning he technically works for my seller, thereby squashing this entire problem? That could be okay, but Bobby would have to have that disclosed to 'his' buyer, which he didn't, I'm sure. And what buyer want's to be represented by a Subagent anyways? To top it off, Subagents are almost never offered compensation in our MLS. 0%.
I'm pretty certain neither buyer is under a Buyer's Rep. But if they were... wowsers. It could get stickier than that gooey stuff you saw in the movie Aliens.
I suppose it happens a lot. 2 buyers, maybe three - or even more who are represented by the same brokerage jockeying for a listing "that isn't in house."