We are considered to be "disclosed dual agents" when showing any company listings.
There has been talk that this may change - or at least the semantics/titles may change in the future, but this is how it is now.
Do I feel I can "serve 2 masters"?
I don't feel I am serving any "master", per se, but I am treating all parties fairly and equally, and supplying them with any factual information, and guidance (in regard to the process and their rights) they need to proceed with the sale.
When I am contacted via the internet for information on one of my listings, as I am sure many agents are these days, I start by simply offering factual information on the home........if a showing is requested, I explain that under those circumstances, I will be working as a dual agent. I explain what that entails, and give them the chance, if they prefer, to find an agent from another company.
Most consumers do not take that option, unless they are already working with another agent.
I see my job as a Realtor is to always serve my clients' interests fairly. If both sides are comfortable with the arrangement, I have no problem executing my job.
Indeed, the issue of dual agency is relatively new to residential real estate. Listing agents used to handle both sides of the transaction all the time. In commercial real estate, this is still typical.
I don't think I can serve two masters with opposing viewpoints, and so I don't do dual agency deals. However, as a practical matter, in order for clients of my brokerage to be properly served, sometimes the brokerage has to be a dual agent.
Yes, I know, the Exclusive Buyer Agent avoids all that. Yeah, well. With all due respect to EBAs, it seems to me that you learn more about the game if you have played both offense and defense.
My clients expect and are given the full benefit of my advice, my customers are not. Trying to give the best advice to both buyer and seller can very easily lead to a conflict of interest and disciplinary action, up to and including loss of my real estate license. As a former president once said "it wouldn't be prudent".
For more information about agency in Georgia, ask for the Georgia Association of Realtor's pamphlet "The ABC's of Agency".
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