Special offer
Home > Blogs > Gita Bantwal > Philadelphia, Bucks and Montgomery Counties Real Estate. Tips for home buyers, home sellers by Gita Bantwal,Realtor at Re/Max Centre Realtors.
bookmark_border

Disclosed Dual agency.

By
Real Estate Agent with RE/MAX Centre Realtors

We are allowed to have dual agency relationship in Pa. if it is disclsed to both parties.

I had such an experience recently. The last time I had a similar situation, I suggested another agent help the buyer . This time the buyer requested me to help out and the seller did not mind either. I suggested that both parties talk to their own attorney. At first neither was interested but then the seller spoke to an attorney and at this time I felt it was better that the buyer also get legal advice.

I am glad they both had their own attorneys because at first there were some issues that came up and then it was all resolved and we had a smooth settlement.

Both the Buyer and Seller are pleased and both have  sent me Thank you Cards.

 

Posted by

When you read about events please check the year for the event as some people find information a year later and think it is for that year. . The posts remain online even after the event.

Gita Bantwal is a Realtor with RE/MAX Centre Realtors in Bucks County, a Northern suburb of Philadelphia. You can view 1000s of listings on her web site www.GitaBantwal.com

 

She can be reached at 215-343-8200x124 or direct 215-275-8491 or via email gita01@aol.com

If you would like a FREE MARKET EVALUATION OF YOUR HOME IN PHILADELPHIA, BUCKS or MONTGOMERY COUNTY call me at 2152758491

 Gita specializes in Active adult communities and is a Seniors Real Estate Specialist. She holds the ABR designation (Accredited Buyers Representative) and specializes in selling to first time buyers as well as move up buyers.Gita also hold the CRS designation , Certified Residential Specialist and the CDPE designation as well. Information about real estate market is deemed to be correct but is subject to errors and omissions and should be verified independently.. Opinion expressed by me or others  in my post and comments is not to be construed to be  legal advice.I am licensed in Pa. Check real estate laws in your state as they may be different than in Pa.

IF YOU WOULD LIKE TO SUBSCRIBE TO MY BLOG         CLICK HERE   OR EMAIL ME AT Gita01@aol.com

 

Show All Comments
Brenda Carus
Century 21 Zwygart Real Estate - Monroe, WI

I'm glad it all worked out.  We can have disclosed dual agency as well here in WI, but either the realtor has to remain neutral in negotiations (dual agency) or two realtors from our office have to be involved to each give pricing and negotiation advice to buyer and seller seperately.  Buyer's agency is not huge in our area, so it rarely comes up around here.

Oct 31, 2008 11:06 AM
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Gita -- I am glad all worked out.  However, as you propbably experienced, dual agency, though legal when disclosed, is fraught with possible liability.  You did the right thing having both parties seek legal advice!  I think the better practice is to refer one party out to another firm -- but that is usually frowned upon.

Oct 31, 2008 12:32 PM
Cynthia Tilghman, Realtor® Onslow County NC Home Specialist
Kingsbridge Realty, Inc - Hubert, NC

Hi Gita,
We have dual agency in NC too and all I have handled turned out well.  It is a difficult situation at best and I believe the way you handled it was very wise. 

Oct 31, 2008 12:57 PM
Elizabeth Nieves
The Elizabeth Nieves Realty Group - Durham, NC
Bilingual Raleigh - Durham North Carolina Real Estate Team

Doesn't it feel good when you do things the right way? Thanks for being such a bright light!! GBU!

Oct 31, 2008 03:59 PM
Back to Top

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?