Dual agency

2008-04-01T01:44:00Z

As a real estate agent, I have for the past year frequently run into the same situation; many buyers look for homes on their own, on the MLS, newspapers on signs or other media and call the listing agent directly. That means they are willing to call 20 agents for 20 different homes. The motive is the belief that if they work with the listing agent they will secure the purchase or that they will get a better deal or for some other reason I have not foreseen. In a way, it is good for me since I would receive commission on the selling and buying part of the deal. However, the final decision is truly up to the seller and not up to the agent. If I have an offer for $775,000 from another agent on a house with the asking price of $800,000 and my own customer is offering $750,000, would the seller except the $750,000 offer just so I can get more money?

If you are a buyer, a seller or a realtor, I would like to hear your opinion and experiences on this matter.

Eva Maliarakis

Dual agency