Subscribe to Answers
I have worked with buyers on hundreds of successful transactions where I worked as the agent of the seller. Fairness is the key. You are not negotiating against anybody.
Golden Meadow, LA
I Don't work both sides. Even though it is legal here, it just makes better sense to only work one side.
Our office policy on in house transactions is that buyer and seller will be represented by different agents.
Good morning Evelyn. I have always recommend that each party be representeed, as the negotiation process can be pretty tricky as you well know.
Roy Kelley got this one. I work a small town in a rural area and dual agency works well with me.
I do work as a transaction broker. I facilitate the transaction back and forth between the buyer and seller. I help with the paperwork. You do basically the same thing as a seller's agent. I can advise a seller, but it's up to them to make the decision on pricing and other concerns. That's not my decision to make and I wouldn't do that. The agency relationship comes down to what you know about a client. You don't disclose that no matter what.
Not dual agency here. If I do an open house and someone wants to buy my listing, so be it. The only reason a seasoned agent would do an open house.
I have never sought out dual agency...too many ethical minefields. I did dual agency only once...
I always give buyers to my team members. I don't like to be in that position, because I believe there's too much liability and it's not fair to the buyer.
Evelyn Johnston Dual Agency is legal and an accepted practice in my State. Both parties are advised through a mandatory disclosure and must approve.
You are talking dual agency, Evelyn... and I hate it. For me it's a conflict of interest in its purest form. I might be a dual agent maybe every 18 months or so, at best. But always explain up front to both parties what that entails.
Evelyn Johnston - this is relatively easy as seller would understand the buyers pain!