2,684,769
Limited agency (no fiduciary), or Limited Services (for example, Flat Fee MLS)?
Limited agency might be acceptable if a Broker is overseeing a transaction between family members, or business partners, or close friends.
Limited services can be good for Investors, dealers, flippers. For example, I have an acquaintance who buys/sells 10 or 12 properties per year. He knows more than most Realtors in this town. He can show his own houses, etc. so limited services like Flat Fee MLS or a negotiated fee is to his advantage.
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John Juarez
Fremont, CA
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Debe Maxwell, CRS
Charlotte, NC
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Christine Kankowski No...
Poway, CA
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Michael Jacobs
Pasadena, CA
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Maria Sapio
Carlisle, PA
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PropertyMinder (Accele...
San Jose, CA
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Nina Hollander, Broker
Charlotte, NC
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Ryan Huggins - Thousan...
Thousand Oaks, CA
7,871,227
Follow the rules in your state and the policies of your broker.
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John Juarez
Fremont, CA
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Tony and Suzanne Marri...
Scottsdale, AZ
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Nina Hollander, Broker
Charlotte, NC
5,583,328
I have never participated in limited agency or dual agency.... we pick a side and stay there...
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John Juarez
Fremont, CA
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
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Nina Hollander, Broker
Charlotte, NC
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Roy Kelley
Gaithersburg, MD
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Eve Alexander
Tampa, FL
4,584,546
It depends. Really. On the situation/ circumstances. On the client. On the timing. It really depends.
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Debe Maxwell, CRS
Charlotte, NC
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Kathleen Daniels, Prob...
San Jose, CA
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PropertyMinder (Accele...
San Jose, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Nina Hollander, Broker
Charlotte, NC
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Roy Kelley
Gaithersburg, MD
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Bryan Gardner
Riverton, UT
1,507,073
I've never done limited agency. Always full agency regardless of if I'm reping one or both sides.
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John Juarez
Fremont, CA
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
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Nina Hollander, Broker
Charlotte, NC
5,116,963
I have no idea... I've never been a limited agent in my life and have no intention of starting now.
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John Juarez
Fremont, CA
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
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Ron and Alexandra Seigel
Carpinteria, CA
914,098
It's case by case. It could work for some, but not for others.
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Debe Maxwell, CRS
Charlotte, NC
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
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Nina Hollander, Broker
Charlotte, NC
564,494
Thank you Fred Griffin
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Debe Maxwell, CRS
Charlotte, NC
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Fred Griffin Florida R...
Tallahassee, FL
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Michael Jacobs
Pasadena, CA
3,986,308
I have not had that experience in 20 years
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
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Nina Hollander, Broker
Charlotte, NC
3,350,619
No limits for me baby ..........
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John Juarez
Fremont, CA
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Debe Maxwell, CRS
Charlotte, NC
1,554,979
Never been one.
I'm all in or out.
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John Juarez
Fremont, CA
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Debe Maxwell, CRS
Charlotte, NC
5,773,261
Bryan,
We are in the depends contingents.
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
4,907,547
Not allowed in Texas so I have no idea.
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Michael Jacobs
Pasadena, CA
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PropertyMinder (Accele...
San Jose, CA
1,045,440
Limited agency is just as it sounds (Limited) as Fred Griffin mentions Bryan Gardner
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Fred Griffin Florida R...
Tallahassee, FL
1,326,324
There is no limit to my commitment to my clients.
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John Pusa
Glendale, CA
4,800,132
4,319,873
Bryan Gardner - very well said Fred Griffin.
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Fred Griffin Florida R...
Tallahassee, FL
140,560
Bryan Gardner Listen to me Grasshopper. You don't need to worry about the pros and cons of being a limited agent.
You DO need to worry about gaining market knowledge, learning how to pace and lead a customer to making a buyer or selling decision, how to get buyers butts in your car looking at homes to buy AND get YOUR butt in sellers homes siging up listings. You master these things and you will be rich.
Everything else is common sense.
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Fred Griffin Florida R...
Tallahassee, FL
519,324
Less exposure, liability. Fewer clients willing to accept this and will not understand and still expect full service and exposure.
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Debe Maxwell, CRS
Charlotte, NC
117,135
I had one person I did this for- All I did was generate the paperwork required, based upon his negotiation, his finding a buyer and negotiating price, his agreement upon repairs, etc.
I found it hard to just stand back and still had to answer quite a few questions, etc. I dont really do this anymore. I either represent, or I dont.
For buyers who are willing to find the buyer on their own and come to me with price alreayd agreed upon, it defeinitely is good for some...
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Debe Maxwell, CRS
Charlotte, NC
4,181,985
Bryan Gardner I haven't involve in a limited agent transaction yet.
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John Juarez
Fremont, CA
1,598,452
2,071,025
5,879,716
87,920
3,071,589
3,416,038
There is no pros as it states it all. You are limited. I like to be full service meaning all in helping my client through each step of the buying or selling process
4,434,177
5,258,256
I suppose limited liability and limited respect from your peers?
I don't know - I'm full-time and full-service - nothing limited here!
3,988,013
Limited agency in not in the best interest of the client because they don't have all the services and representations of the agent.
6,425,063
Sometimes it take limited agency to get the job done, but as an agent I prefer to let someone else sell my properties.
1,712,876