Why Dual Agency in Real Estate Is Bad For Buyers and Sellers

What is Dual Agency and How Does it Work? There are lots of things in a real estate transaction that a layman has no idea about. Most people do understand the basics of representation. For example a “seller’s real estate agent” represents a seller and a “buyer’s real estate agent” represents a buyer. Pretty simple

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Single Agent Dual Agency Fails Buyers and Sellers of Real Estate

Dual Agency Does Not Benefit Consumers When most people buy or sell a home, they pick a great real estate agent they feel comfortable with. Quite often the agent is chosen for various reasons including the following: A recommendation from a friend or relative. You saw an online review or a Google search. You noticed

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British Columbia bars real estate agents from dual agency

The province of British Columbia in Canada has said real estate professionals are no longer allowed to take part in so-called “double ending” deals, or in other words, deals wherein they represent both the buyer and the seller.

Why You Should Avoid Dual Agency Deals

Certainly most real estate professionals are exactly that, professionals. Still, there are real estate arrangements that you should avoid just to prevent the temptation for professionals to manipulate the deal. The most prominent is dual agency. Dual agency is when one real estate office represents both the seller and the buyer in the same deal.

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