What are the advantages/disadvantages to using the same broker as your listing agent and your buying agent.?

Asked by Seller, Northshore, Houston, TX Mon Dec 3, 2007

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4
Deborah Madey, Agent, Brick, NJ
Tue Dec 4, 2007
It is more common that a client use the same Realtor for both the buy and sell when staying in the same neighborhood. When a seller is moving to another area, it is common to have different Realtors.

There is a benefit of coordination when it is the same agent. It is certainly very workable when there are two different agents. You might have very good reason to want one person to represent you in the buy and a different agent to represent you in the sale of your property.

The real key here is the reason. If you are listed, and you call another Realtor to show you property, they might assume you will be working with your current agent and wonder why you called them. Be candid and upfront. It's very workable, and your choice.
1 vote
Keith Sorem, Agent, Glendale, CA
Mon Dec 3, 2007
Seller
IMHO our job is not to sell your property. Our job is to help you move from Home A to Home B with as little inconvenience as possible, save the most money, and avoid legal entanglements.

I suggest interviewing Realtors and discuss your plans, both selling and buying. Select the Realtor that can serve you the best.
1 vote
Irena, , Newton, MA
Fri Dec 7, 2007
There are not many disadvantages. If you have developed a good relationship with your broker why not have them assist you with both transactions. The only disadvantage would be if for instance you are to move from Not Shore to South Shore since your realtor would not be as familiar with that area. In that case have your agent refer you to another agent. Your Realtor can be helpful in finding a good agent and at the same time there is a referral fee involved. There will be no hard feelings from your Realtor, and you will continue to have a good relationship.
Web Reference:  http://www.irenamagzelci.com
0 votes
Mike Calef, , 02127
Mon Dec 3, 2007
Well the biggest advantage is that you have developed a relationship with your agent, and it is someone that you trust. You should make sure that you do due dilligence in hiring that agent, and let them know upfront that they will be representing you in both the buying and selling of your home. I would sign only one contract at a time though. If you are selling your home first, then sign the agreement with them to sell your home. Once that is done, then you can focus on finding something with them. You do not want to find out that you don't mix with them after you have committed yourself on both sides. Hope that helps.
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