out of a buyer’s agency agreement, but only if their agent has a listing in which the buyer is interested. While there may be some advantages to a home seller regarding dual agency, it is probably not in your best interest as a buyer to enter into a dual agency agreement for the following reasons: • You can’t be advised by your agent as thoroughly when they must act as a dual agent because impartial facilitation is required. • The listing agent cannot negotiate the lowest price or best terms for you if they are also trying to negotiate the highest price or best terms for the seller. • Earning a full commission, if the opportunity arises, may tempt the agent to coerce a deal that you might not accept otherwise.
KNOWING REAL ES G REAL ESTATE
If you know all the basics, and the technicalities regarding real estate, you’ll have no trouble making the best decision on which real estate professional to hire, you’ll know what to expect, and you’ll know how to go about the transactions, ensuring a smooth sale. Use your agent's vast knowledge, expertise, and experience to guide you through the many complex facets involved in a real estate transaction, so you can avoid the many hidden landmines they have already experienced and know how to dodge and solve.
SHOULD YOU USE AN ATTORNEY?
Whether you are purchasing a resale home owned by another person or buying new construction, no matter what other people may tell you, I always recommend having an attorney represent you on ANY real estate transaction. If you need a referral, I deal with many extremely qualified real estate attorneys. They usually
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