Asked by Home Buyer, San Ramon, CA • Fri Dec 24, 2010
Hi, my wife and I saw a house in San Ramon a couple weeks ago and while we were talking with the listing agent, he strongly suggested we work with his wife as our buyer agent. He said if we go with them we could potentially save some money on the purchase price. I do not like this idea at all because dual agency poses all kinds of conflict of interest. But my wife suggested we might not be so close-minded. She pointed out having a husband and wife team might get the deal through and save us some money (they are proposing a 1% credit on purchase price). She also pointed out even the wife representing us should uphold herself to the same professional standard of having her buyer's interest first (in other words, another buyer agent would not be better). Is that correct--that having an exclusive buyer agent is no more advantageous than dual-agents? What are some of the red flags we should be looking for, in the rare case we work with this husband-wife team? Thanks, David
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