In situations such as in dual agency it is sometimes better a round table dialogue with all parties involved. You will be surpriced how much you can get done.
That is a great question. You should take a look at my blog. I wrote about the importance of using a buyer agent. In this situation, the agent would be "dual" agent and therefore would not be able to negotiate for you. A dual agent can only be a mediator. If you are looking for a great deal than perhaps you should have your agent find you another home where he/she can be aggressive and negotiate a much better deal for you.
However, if you feel that you love this home, then your agent will just write up your offer and present it their other client. Remember that the agent MUST get written permission from both you and their other client to be a dual agent.
As a Realtor, I have been a dual agent twice in my career and I can't say that I enjoyed it which is why I have tried extremely hard to NOT be a dual agent. For me, I like to make sure that I negotiate the best possible deal for my client.
I hope this helps you make your decision if you haven't already. It's great to see someone out there buying in this great market!
Good luck!!! : )
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If you do not have an established relationship with the listing agent on the home, then you can establish a relationship with another agent. But if you do, I see no reason to walk away from a property you like. Simply voice your questions/possible concerns to the agent and allow them to answer/address.
Good luck - it looks like a great house.
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Donâ€™t let someone talk you into Buyerâ€™s Agency unless they outline what they will do, what their charges are, who is going to pay for those charges (and if itâ€™s the seller, be sure that the seller agrees) and what happens down the road if this deal falls through.
Dual agency, if offered, is not a terrible thing. The listing agent may be bound by his/her contract to act only as sellerâ€™s agent. This is relatively infrequent but may be the case. The seller can still deny responsibility for payment to a buyerâ€™s agent but this makes his selling effort that much weaker and you might have a better motivation to move on. (Unreasonable people do not usually get magically more reasonable when the contract is signed.
Best of luck