Dual agency occurs when a single agent, or a single brokerage, represents both the buyer and the seller in the same transaction.
Log in to followUnder contract on a triplex at $412k, all three units leased, gross $3,450 a month. Nothing exciting, which is what I wanted. The agent who showed it to me is also the listing age…
Interviewing at a small independent shop, eight agents, mostly residential with a handful of small multifamily. I asked for their closing count and they gave me the whole spreadsh…
Under contract on a 6-unit, 1971 build, 610k purchase, in-place gross of 71,400 with two units 190 under market. Financing quoted at a level that pencils at roughly a 1.28 DSCR on…
I found a small three bedroom through an open house and the agent who was standing in the kitchen handing out flyers said she could just write the offer for me and save everyone t…
Closed acquisition on a 1950s ranch six weeks ago, all in around 212k with the buy plus about 41k of scope. Comps in that pocket support 305 to 318 depending on how the kitchen la…
9-unit, 1960s brick, listed three weeks ago at $1.24M. Signed a 5% total commission, 2.5 each side. Rents are $8,900 a month, T12 NOI just under $84k, so I'm priced around a 6.7 g…
I'm three chapters into the pre-license material and the dual agency section reads like it was written by two people arguing. One page says the agent owes undivided loyalty to the…
I've got two rehabs finishing inside three weeks and I'm renegotiating my listing agreement with the brokerage I've used for the last five. They want 2.5 on the listing side plus…
Small rural market, maybe 900 people in the town. Two houses on the market that fit what I'm after, a 3/1 at 94k and a 2/1 with a decent outbuilding at 78k. Same agent on both. Sh…