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 followFirst house, so bear with me. The agent who's been driving me around also listed a place I like, and she gave me a form saying she'd represent both of us and I had to sign to keep…
I underwrite, so I want to put a number on this rather than argue about ethics. Say a 1.2m listing, seller pays 5% total, 60k. Brokerage represents both sides, so 60k to one firm.…
I've been going to open houses with an agent I found online, and one of the places she took me to is a listing that's hers. Her own sign in the yard. She said if I want to write o…
Slow mover here, I read forms before I sign them and I've now read two that seem to describe the same thing in different words. One said dual agency. One said the agent would act…
Building my target list in a metro where two brokerages between them hold maybe 40% of the listings I care about. So if I hire an agent, the odds that my buy-side agent's own firm…
Trying to work out which side of this business fits me and I keep hitting the commission math. The pitch I hear from sellers is that if the listing agent finds the buyer, everyone…
Situation I'm sitting in. I have a property listed with a small brokerage, four agents total. A buyer walked in off a sign call and one of the other agents at the firm wants to wr…
Thin margins, fast deals, and I'm now hearing from a broker that dual agency claims are the ones that get agents sued and that carriers treat them differently. Is that a real thin…