The Single-agent Dual Agency debate is revitalized at VARBuzz
Thanks to the monthly email newsletter from VAR. (Not everybody reads blogs?!) I know some members of the Virginia Real Estate Board have opinions; why don't they share them now? A sampling: As a listing agent, how can I promise to do the best job…
Seeking a defense of Single-Agent Dual Agency
Will anybody defend the practice of the same Realtor representing both a buyer and seller on the same transaction? Find out at VARBuzz.
Why Should You Use a Realtor instead of a Builder Sales Agent?
Simple. If you hire an exclusive Buyer's Agent to represent your best interests, you will have representation. If you work with a builder's sales agent, in my opinion, you are on your own. Buyers - educate yourselves about Buyer Agency and Dual Agency. Ask yourself…
Stupid is as stupid does
Recounting a tale from the trenches in the Charlottesville Realtor/real estate world ... Another Realtor was showing buyers a development in Charlottesville and an agent was onsite holding an open house. As the buyers looked around, the Buyer's Agent (BA) and the sellers' agent (SA)…
Pulled from the comments – More on Dual Agency
The following comment was made by Joe Vita, a Realtor in Lexington, Virginia. Joe is also a member of the Virginia Association of Realtors' Policy Board.* "Dual agency practiced by one agent is always a conflict of interest for the agent even if legal dislcosure…
Clarifying my stance against Dual Agency
I have long argued against Dual Agency, and need to slightly redefine/clarify my opposition - My beef is with Single Agent Dual Agency where the same agent represents both sides of a transaction. In principle and practice, Dual Agency, also known as Designated Agency, when…
Another reason blog “leads” are better
The differences between leads generated from blogs and "leads" purchased through one of the various blood-sucking non-value-adding referral companies are many. Some of the most crucial differences are that blog clients: 1) Are typically further along in the process of hiring an agent (whether buyer's…
A call for an end Cooperative Compensation
As a buyer or seller, does this make sense? As a Realtor, what are your objections or words of support? Lenders - what do you think? Is this a challenge worth undertaking? We can write about it til our fingers bleed. We can talk about…
Dual Agency, selling advice and how to avoid getting sued
Jeremy has a nice summary of the perils of dual agency. Of note, he also gives an example of why it may be unwise to say never. My call to action is still in the works. Often times as agents representing the seller, we receive…
Dual Agency under fire in Virginia?
From the head of the Commonwealth of Virginia's Real Estate Board, Schaefer Oglesby: We are still seeing numerous cases involving dangerous practice of dual agency. Remember, if something goes wrong with the transaction, you are probably at fault. (italics and bolding mine)The newsletter is here…