There are many good people out there fighting against dual agency. they have some very good points however without dual agency who works for the Seller.
You list a property and sit on your Rump while another agent sells the property. Can this agent be in the same office? If the agent is in the same office it is still Dual Agency because the Broker Owner is the One that actually owns and is responsible for the listing and if his or her agent has the buyers agent, well the Broker owner is responsible for that. Stopping Dual Agency is Not the answer to fixing the real estate industry, it will simply make it easier to justify taking a listing and doing NOTHING to actually try and sell it.
And if you advertise, for example you use a Coldwell Banker agent, and they advertise your real estate listing, well in many areas the same owner owns say a dozen Coldwell Banker with hundreds of agents, so if any of these agents bring a buyer - this is Dual Agency. If no Dual Agency you are excluding a Huge number of local Real Estate Agents.
Go further if anyone at any Coldwell Banker wordwide brings someone isn't this kind of in house and Dual Agency? And if the same Corporate Head owns ERA, Sotheby's, Coldwell Banker and Century 21, well then are ALL this In House agents not to be considered "Dual Agents". Also this Corporate Head... owns part of HomeGain and Realtor.com - so the affiliations and double dipping, the blatant anti-consumer attack goes on and on. Pretending there is really "Agency" if you get rid of Dual Agency... well that is NOT the Answer.
If no Dual Agency do these folks just want the Illusion of two separate agents where by it appears that one really does work for the Seller and one Really Does work for the Buyer?
There is No Protection for the Real Estates Consumer. There is no cut and dried process to hold ANYONE accountable in the Real Estate Transaction and the Entire industry is built on Lies, Fraud, Lack of Ethics, Lack of accountability and lack of Quality Control. This is no way means the guys and gals that are Realtors, Closing Agents and so on are bad - in fact most are not out to get you in any way, however they have no way of protecting you from those who do lie to you, do commit blatant fraud, do use affiliation and association to hurt consumers.. .. and those folks are working within the Current BROKEN real estate industry and their hands are tied....
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opposed to dual agency ? Think Deeper - Get NAR out of the Real Estate Industry Period.
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STOP affiliations and Lobbying Practices of NAR from forcing their agenda on the Real Estate Consumer with offering NO Protection for the Real Estate Consumer.
STOP the Fraud of Mandatory E and O insurance to Protect ONLY the Realtor and NEVER the Real Estate Consumer.
STOP the National Association of Realtors from lying about Economic Data, Not Holding Realtors accountable for lies and fraud, and STOP them from the total lack of accountability while at the same time being able to keep up with ads and other promotions that Keep Real Estate Consumers Believing in Their lies.
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