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Home Buying in Willoughby Hills : Real Estate Advice

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Activity 3
Fri Aug 24, 2012
Marilyn Travis answered:
When you signed the consumer guide to agency your agent would have marked that they were acting as a dual agent and they would have told you at that point.
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Tue Nov 15, 2011
Ashley J Mitchell answered:
When in doubt in any real estate transaction, ask yourself this, "what does the contract say?" The contract is the deal. Read it and understand it. Whether it is the purchase contract or a buyer broker agreement, many questions can be easily answered. Any gray areas are worth paying a real estate lawyer for an hour of advice. ... more
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Tue Nov 15, 2011
James Deskins answered:
>>The fact that an agent's buyer then chooses one of their own listings to buy should not be an issue for either you or the seller.

Sorry, Della, I couldn't agree less. This is exactly what makes Dual Agency bad agency. The buyer probably wouldn't have gotten himself/herself into this situation had it not been a Dual Agency situation. As an instructor I hope you do not teach that there are no problems with dual agency. Nothing personal, BTW.

>>In your situation, it seems you used the agent by default, and thereby missed the opportunity to get their wisdom specific to your situation before they had to be a neutral party.

And this is one reason why it's bad.....

Sorry, Dream, but my comment is related to your question this time and not off-track.
... more
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