Do you think a real estate agent can represent both the seller and the buyer on the same real estate purchase?
If you said “maybe”, then you’re correct!
When an agent represents both the buyer and the seller, they’re called a dual agent.
In some places, dual agents are actually illegal.
But even if they are legal where you are, you should stay far away from a dual agent.
Dual agents present a problem because your real estate agent is support to fight for your best interest. By the nature of the real estate agreement, the buyer and the seller do not share interests.
As a result, a dual agent cannot fight for their clients’ best interests if they’re representing both the buyer and the seller.
Buyers, this is why it’s so important to find an agent before going to see houses. You might think the agent showing the house could help you through the transaction, but now you can see why that’s not such a good idea!
Have any questions about dual agents or how to find the agent that’s right for you? Just send me a DM!