I run into this daily! Then the agents get all bent out of shape when you call them on it. My favorite is the listings that say only drive by, or no offer being presented until xxxx, etc and then come to find out the home allready has an accepted offer.

Yes, money is the root of all evil..

Hand in there... Plenty of deals out there... and certainly no end of inventory

Many times an REO broker will have the Asset a long time before it goes active in the MLS and because of this they already have a buyer for it before it goes active. I'm not sure how a buyers agent would know their offer is higher with much better financing? That's something only the listing agent would know. Best of luck. It's a tough market for everyone right now. I think overall the Listing Agents are not double ending MOST of the deals, it might just seam that way. Hang in there Mark.

http://www.dawnsellssandiego.com/

Hi Mark,

This may be accurate with some agents, however, we do not subscribe to this practice. We are listing REO agents and the majority of the properties we sell are not double ended. Further more, there are some lenders that do not allow dual agency. It may help your buyers if you research the lender rules and submit offers on properties where the lender has restrictions related to agency.

Best regards,

Mark and Kari Shea
San Diego Real Estate Experts
Investment, Foreclosure & Short Sale Specialists,
Development Opportunities & Traditional Real Estate