Dual Agency

Many are Out there Fighting to Stop Dual Agency. I think this is a Good Thing. Meaning I think that Dual Agency should be stopped, however it is not that Simple. I believe that if two agents in one office are working on a deal, one with the buyer and one with the sale and they have the same broker or managing Broker, that is Still Dual Agency.

In the Current "Real World of Real Estate" Dual Agency will get you, the Real Estate Consumer and Better Price and you will be Treated Better with the least amount of Reprucussions.

Those Trying to Stop Dual Agency are Right On, however, for now the Consumer is Navigating in the Real World of Real Estate an in that Dual Agency is Friend not Foe.

Those hurt by Dual Agency, in my opinion are hurt by Realtors in general, by lack of accountability. I do not believe that Preventing Dual Agency will be any kind of a miracle for the morals, ethics and day to day practices of the Real Estate Industry. If Dual Agency is Gone then Realtors can even be more Blatant about Taking your Listing and Doing Nothing to Sell it.

Say I convince you to List your Real Estate for Sale with Me, then If Dual Agency is Illegal, then I, If I was your Realtor, could have a Legal Excuse to do nothing, no marketing would make sense right, except marketing to other Realtors. If I actually worked hard for you and marketing in a way that actually got you a buy then No Dual Agency would make that illegal. So if No Dual Agency, I take your listing and I wait for another Realtor to Sell your Property while I do nothing. So you Hire me to Be your "Real Estate Broker" , I take Your Listing and then can Legally Do Nothing to get a buyer, because if Dual Agency is illegal then it is Illegal for Me to find you a Buyer. These are things to think about.

I really do understand those fighting dual agency, they have been burned. But in my opinion it is way bigger then Dual Agency and the Realtor need to be removed from the Real Estate Transactio period Unless More Accountability, Transparency, Quality Control and Consumer Protection can Really Be Encouraged and Enforced at Every Level of the National Association of Realtors.

I am Sure that Realtor, Buyers agents Would Love to See Dual Agency GONE, then they would get more business. Buyers agents fighting against Dual Agency may have trouble listing and Selling. You, the Real Estate Consumer need to look at what is Really Best for you - what will protect you on all levels of your real estate transaction. A Buyers Agent just don't have the access to the Seller, the information on the property or the the ability to Get you a Better Deal. It is the Cold Hard Facts.

Here are Some Fighting Dual Agency

http://www.usdoj.gov/atr/public/workshops/rewcom/213202.pdf