There was a question posed on the Q & A section today, and it referenced the listing agent hosting an open house. At this open house he invited one of his buyer clients and other buyers of his also attended.
The question I have is who has representation? The listing agent’s job is to represent the seller. When the listing agent has a buyer for the property, and the buyer does not want a buyer’s agent, does the listing agent bail out on the seller? The listing agent’s job is to sell the home, and if the buyer does not want another agent in the transaction, that’s fine. The listing agent should continue to represent the seller; offer a buyer agent to the buyer; or continue with full disclosure that he, the listing agent represents the seller. The buyer has no representation, but the seller continues to have the guidance of a listing agent. That’s what you were hired for, listing agent!!!
Does dual agency kick in, with none of the parties having any representation? One commenter reminded the listing agent to be professional while securing the listing and buying end!!! Really???
What’s more professional than recommending to the buyer that he/she should have proper representation? Set that client up with a buyer agent.
I think greed is rearing its ugly head into that potential transaction. Greed has no place there. Proper representation trumps the “full pop.”
Just saying….
Comments(12)