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Rainmaker
5,767,466
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

It works with the right people in the mix.

Dec 08, 2016 08:12 PM
Ambassador
3,987,010
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

My company has a policy that we agents cannot do it. That makes it easy. It is hard to serve two masters.

Dec 08, 2016 08:08 PM
Ambassador
5,754,397
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I, like most clients, prefer it; better to have one agent get the job done rather than two agents arguing and posturing.

Dec 08, 2016 08:04 PM
Rainmaker
2,012,718
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I try to not think about it - because it is not a good idea

Dec 08, 2016 07:39 PM
Ambassador
2,608,648
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     Illegal in Florida... but most Brokers practice something called "Transaction Brokerage", which is eerily similar.

Dec 08, 2016 07:35 PM
Ambassador
1,414,474
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

as Bob Crane mentioned, when done properly most clients prefer it.  We never tell Sellers what to accept and we never tell Buyers what to offer.  It can make for a very stressfree transaction.

Dec 09, 2016 06:58 AM
Rainmaker
1,672,315
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

We do not have dual agency in Florida. We have Transactional Agency and it works fine.

 

And as Michael Jacobs wrote on California

Dec 09, 2016 04:41 AM
Rainmaker
4,387,994
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

We don't practice it in Texas.

Dec 08, 2016 07:19 PM
Rainmaker
1,708,245
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It does not exist in Oklahoma.

Dec 08, 2016 06:39 PM
Rainmaker
2,691,478
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If you have the skills...unleash them!

Dec 09, 2016 06:46 AM
Rainmaker
3,384,790
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

There is no way you can get the seller the highest price and turn around and get the buyer the lowest price possible, Just cant be done and should be avoided

Dec 09, 2016 05:42 AM
Rainmaker
1,766,696
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

I have dual thoughts on the subject ....

Dec 09, 2016 05:14 AM
Rainmaker
4,352,493
Richard Weeks
Dallas, TX
REALTOR®, Broker

It is not allowed in Texas.  If a brokerage is going to represent both parties they must do so as an intermediary, which has it's own rules which must be followed.

Dec 09, 2016 05:08 AM
Rainmaker
849,372
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Tricky

Dec 09, 2016 04:58 AM
Ambassador
4,553,380
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Dual by agent is illegal in several states and for a reason - every single agent cannot handle dual sales with the required fiduciary owed to both parties.  I've even seen those who can, still wind up with horrible consequences and it often puts the sellers in a position of liability. 

Dec 08, 2016 08:27 PM
Ambassador
4,316,215
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Brendalee West - some states do not allow it, to best of my knowledge.

It is surely walking on water...

Dec 10, 2016 11:48 AM
Rainmaker
2,224,167
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

It's not allowed in Colorado. 

Dec 09, 2016 01:16 PM
Rainmaker
1,558,558
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It is legal in CA, but it does require more transparency and disclosures. 

Dec 09, 2016 10:57 AM
Rainmaker
1,430,521
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Love it, wish I could do it more often.  Easiest and most stress free transactions.

Dec 09, 2016 10:42 AM
Rainmaker
4,799,732
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think it doesn't serve the customer well.

Dec 09, 2016 10:19 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Brendalee West Dual Agency is legal in my State. When properly disclosed and all parties know what they are signing up to it can work.

Dec 09, 2016 06:29 AM
Rainmaker
4,492,395
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I don't like it...how do you represent the best interests of two parties? It's an oxymoron.

Dec 09, 2016 05:56 AM
Ambassador
1,616,454
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

It can be done

Dec 09, 2016 05:35 AM
Rainmaker
4,569,310
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It can work in many situations and should be avoided in others. Some states forbid it and then allow transaction brokerage! Welcome to legislative semantics!

Dec 09, 2016 05:18 AM
Rainmaker
7,038,388
Roy Kelley
Retired - Gaithersburg, MD

Follow the rules in your state.

Dec 09, 2016 05:08 AM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Check state laws.

Dec 09, 2016 04:38 AM
Rainer
213,213
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Don't do it-its not necessary.

Dec 09, 2016 02:56 AM
Rainmaker
3,070,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Legal - but don't practice it

Dec 09, 2016 02:16 AM
Rainmaker
4,264,479
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

My thoughts regarding Dual Agency is that it is allowed in California with proper disclosure.  

Dec 08, 2016 10:45 PM
Rainer
4,495
Susan Bearry
Select Properties Winghaven/Lake St. Louis - O'Fallon, MO
Specializing in west St Charles County, MO

It is allowed here in Missouri.  If it's a relatively straightforward deal, I think it's great.  An agent either acts with integrity, or they don't.  Doesn't matter if they are representing one or both sides of the deal.  If the clients want a lot of in-depth advice on negotiations or tend to be suspicious of Realtors, I would likely bring in another agent to reassure them.

Dec 08, 2016 10:25 PM
Ambassador
3,724,177
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Using two different agents who work for the same company is one thing.  But I think is is very foolish for one agent to represent two parties in the same transaction.  It's a lawsuit waiting to happen, especially when you are new to the business.

Dec 08, 2016 09:36 PM
Rainmaker
1,157,535
FN LN
Toronto, ON

Multiple representation, which is the terminology in my jurisdiction, is legal here.

Dec 08, 2016 08:35 PM
Ambassador
3,984,927
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I take one side or I have worked as a facilitator with my sellers permission 

Dec 08, 2016 08:33 PM
Rainmaker
609,220
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

This is a great opportunity for an agent. The problem comes down to understanding that fiduciary duty is owed to both buyer and seller.  Some agents don't feel confident in the responsibility of such representation.

Dec 08, 2016 07:58 PM
Rainmaker
2,080,227
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I love dual agency... caching.

Dec 08, 2016 07:22 PM