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Rainmaker
2,569,903
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

It is not for those that think they can do it. It is for those that can do it

Mar 11, 2016 02:21 AM
Rainmaker
3,563,238
Nina Hollander
Coldwell Banker Realty - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

If dual representation is legal in your state, it's legal to do. I don't personally like being a personal dual agent--too much opportunity for conflict of interest.

Mar 11, 2016 05:49 AM
Rainmaker
4,798,978
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Different states have different laws about this.

Mar 11, 2016 04:06 AM
Rainmaker
1,417,877
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Alex Stephens When it is legal in your state. Dual Agency when properly disclosed and agreed to by all parties is an acceptable practice.

Mar 11, 2016 02:08 AM
Rainmaker
221,305
LuxurySoCalRealty Compass San Diego
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

You act in that manner more as a mediator between both parties.  

Mar 11, 2016 02:04 AM
Rainmaker
5,440,940
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

in my opinion, it's best to pick one side and stay there.... we are listing agents and always represent the seller....we represent the buyer when our sellers are buying....

Mar 11, 2016 07:04 AM
Rainmaker
1,631,411
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

You have to decide if this will be in your business model. Some say it's bad, others don't.

It is honestly rare doing both sides of a deal in my market.

Mar 11, 2016 03:38 AM
Rainmaker
3,570,452
Richard Weeks
Dallas, TX
REALTOR®, Broker

It is OK if you follow your state laws. 

Mar 11, 2016 02:51 AM
Ambassador
1,313,522
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Dual (or Multiple as it is know here) Representation occurs when any Realtor under the Brokerage's umbrella sells any  listing of the Brokerage.  Happens every day.

Mar 11, 2016 02:36 AM
Ambassador
3,178,767
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

Personally, I'm in full avoidance mode.  You never know what is going to happen and how your two clients will interpret it and take it out on you later.  It only takes one person who feels jilted to waste your precious time in court.

Mar 11, 2016 02:25 AM
Rainmaker
384,602
Jill Murty, Realtor - Orange County, CA
Sunset Properties, Powered by Movoto - Laguna Niguel, CA

It is okay if the agent is honorable and represents both parties ethically.

Listing agents who say a buyer can only get the property if they make the offer with them are operating only with themselves in mind.  Buyers should stay away for that type of agent. 

Mar 11, 2016 01:59 AM
Rainmaker
585,620
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

NEVER ok for the consumer, who does not have their own advocate.

ALWAYS preferred for the greedy agent that wants to double the commission.

Eve

 

Mar 11, 2016 01:55 AM
Ambassador
4,840,676
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Most of the time.

Jun 09, 2019 11:20 PM
Rainmaker
3,729,936
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

In California -- dual representation is "okay" when it is disclosed to all parties.  How "okay" is defined might be a better question.   

Mar 11, 2016 09:23 PM
Rainmaker
3,207,439
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Being a dual agent is only ok when disclosed to all parties. It is best if you avoid it all together. 

Mar 11, 2016 08:59 PM
Ambassador
2,759,162
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 I often wonder how someone can do their due diligence to both parties.

Mar 11, 2016 05:40 PM
Rainmaker
634,116
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

It is legal and not uncommon here on Kauai. But inexperienced agents and any agent not skilled in maintaining neutrality should avoid dual agency.

Mar 11, 2016 05:03 PM
Rainmaker
3,985,587
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I do close to 60% dual agency.  18+ years and never one complaint

Mar 11, 2016 02:34 PM
Ambassador
4,307,764
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Alex Stephens - I think as long as you disclose the relationship, Dual representation is NOT illegal in MA.

Mar 11, 2016 02:24 PM
Rainmaker
1,507,472
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Depends on your state. It is ok in my area. But it does not happen often to me.

Mar 11, 2016 02:17 PM
Rainmaker
900,759
Diana Zaccaro
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

It is okay if it is legal in your state and you follow all their rules and if your broker approves. Learn your state's requirements and what your duties would be to both parties then decide for yourself if it is worth the risk.

 

Mar 11, 2016 01:18 PM
Ambassador
2,216,058
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Dual agency isn't allowed in CO, and I personally don't know how you can fairly represent both sides. 

Mar 11, 2016 12:41 PM
Rainmaker
1,315,892
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

My favorite question from students!  If your state allows it and you broker permits it, it is the greatest thing since oxygen!  If you can get it, why not?  Twice the commission, control over both sides of the deal, not having to wonder how a loan is progressing, not having to deal with an agent who won't return your calls or is dragging their feet...

Mar 11, 2016 12:05 PM
Rainmaker
1,680,689
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

In Indiana it is OK to represent both the buyer and seller, with both of their signatures allowing it.  We personally stay away from it, because each party would not be guaranteed to get fair representation, even though there is a contract.  If one of them claims the other was treated beter, then you're open for a lawsuit.  I have not had any lawsuits and don't want to start, so we give the other side to another agent.

Mar 11, 2016 11:46 AM
Rainmaker
1,157,329
FN LN
Toronto, ON

Dual representation ceased to exist many years ago in my jurisdiction.  We now have multiple representation which allowed under our laws and regulations and which require that certain procedures be followed in order for multiple representation to be acceptable.

Mar 11, 2016 11:34 AM
Rainmaker
2,706,901
Lisa Von Domek
Lisa Von Domek Team - Dallas, TX
....Experience Isn't Expensive.... It's Priceless!

As many of the other comments already state, if it is legal to practice Dual Representation (we call it Intermediary here in Texas) then it is up to the agent to decide if they can provide full service to separate parties with no conflict of interest. 

Mar 11, 2016 11:06 AM
Rainmaker
1,523,816
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

In Florida, the agency is called "transaction broker" and it is quite common for an agent tot work with a buyer and a seller.  In Virginia, dual agency is something that most agents are not willing to do.  Agents do not want to put themselves in a position that could be seen as compromising by their clients.

Mar 11, 2016 11:00 AM
Ambassador
3,716,308
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

I think it's better to avoid it altogether.  It's a lawsuit waiting to happen.

Mar 11, 2016 10:39 AM
Ambassador
3,985,488
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It is very difficult to deliver but some agents do it just fine. It is also a broker choice like in my company the broker does not allow it. 

Mar 11, 2016 10:36 AM
Ambassador
2,973,231
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I don't forbid in my office, but it must have broker approval and it's rare.  I do allow it when an investor (which lots of experience buying) is buying a bank owned property.

Mar 11, 2016 10:26 AM
Ambassador
4,294,850
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

It's OK if allowed by state law, and, presumably, both parties to the transaction agree, AND you are willing to represent both parties. It can be risky, and may be hard to truly represent both parties' interests!

Mar 11, 2016 09:33 AM
Ambassador
2,867,166
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Alex, Totally depends on your state laws and what you and your clients are comfortable with.  It's not something I intentionally seek out and would prefer to just have one side of the deal and let the other agent deal with the issues of the other side.  Even if you do EVERYTHING exactly as you're supposed to, there's always the risk that one side or the other will think one side was favored by you. 

Mar 11, 2016 03:39 AM
Rainmaker
831,353
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

When the one who initially hired the agent is fully aware that their agent allegiance will change under dual representation. I.E. "You hired me to represent you, now I want to represent no-one and oversee the transaction and still get paid."

A significant number of my transactions are closed sales where I do represent both sides. You may imagine there is more happening behind the curtain that is the privilege of others to see. As long as this possibility is discussed, as well as consequences. at the very beginning, there will not be a problem.

Mar 11, 2016 03:07 AM
Rainmaker
1,101,383
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Who are you loyal or represent ?  One can have one life partner not two at the same time!

Mar 11, 2016 02:39 AM