I have met other builders who create "their" version of the ideal home. Sometimes this doesn't mesh.
Good question and I can see the potential for a conflict. If you are the buildier/owner/agent it seems that it would be very difficult not to be emotional and I can see one loosing their objectivity.
I would prefer to be represented to take my emotions out of the piciture. In some of my own investments I have allowed myself to be represented by another Realtor so the best interests were taken car of.
As to the ethics.....disclose, disclose, disclose.
Wow! Still shaking my head at how this con be the best answer!
Hope this helps.
Some of us prepare ourselves with knowlege such as CPA CCIM. And YES, PASSING the General Contractor Licensing Exam. Being able to build and develop properties is not only correct but paramount to our real estate industry.WISE UP!!!
The problem for me comes with dual agency. If they represent the buyer as well, they're subject to the same potential legal snares as in any other dual agency transaction. The legal problems that can arise from such a sale are considerably more complex. I would question the wisdom of any agent willing to engage in such a questionable transaction.
Great question Diane!