“I’ll get the best deal if I work with the listing agent.” This is a mindset that some buyers have as they consider purchasing a home with dual agency. If real estate were like boxing, it’s similar to the corner person for one boxer trying to strategize for both boxers – during the match. This imperfect analogy illustrates that there are some real pitfalls to a dual agency strategy. In fairness, the “I’ll just use the listing agent” strategy can also work in a buyer’s favor. Join me as I give a quick crash course on dual agency, agency roles, and the pros and cons to having the listing agent represent you on a real estate purchase when you’re the buyer.
The Myth of the Below List Price Bargain
Everyone loves to get a deal. Nowhere is that more true than in the world of real estate, where the stakes are notably higher than clothing shopping at a mall sale. Retailers have known the lure of the bargain for decades. We have two full calendar days devoted to the concept: Black Friday and Cyber … Read more