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George Black
Worked at A Buyer's Best Choice Realty
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George Black

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Dual Agency: Not a Good Idea

Keith Robinson, a professional real estate trainer, weighs in on dual agency. (He refers to it as double-ending".) It's where a single agent (or broker) pretends to represent both seller and buyer in a single transaction. As this training expert states, "There is simply no way you can get the best deal for the buyer and the best deal for the seller."

Exclusive Buyer Agents (what we are) avoid this blatant conflict of interest by representing only buyers and never sellers as our business model. We never list property and thus are never faced with this consumer-unfriendly dilemma. 

Have you ever had a real estate agent do this to you? Do you believe you got the best deal you could have?
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George Black

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Digital-native home buyers! Lend me your eyes! 

ONLINE PROPERTY VALUES ARE OFTEN HAYWIRE and cannot be trusted. This fact is well known among agents & brokers who want to sell you the farm. DON'T "BUY THE FARM"! <<insert ironic expression here>>

Beware of attempts to manipulate you by home sellers or their agents. Get your own agent--one that works for you. Get a meaningful market evaluation. Quick shortcuts can be very misleading. http://ronafischman.com/assessed-value-zillow-and-other-ways-to-know-what-a-property-is-worth/
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George Black

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Are you happy IN your home?
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Home buyers take note! Have we finally reached the tipping point? Maryland law proposed to redefine agency - via @BostonDotCom
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George Black

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Buyers are sometimes attracted to the notion of hiring a "Top Producer"  to help them buy their new home. It's worth considering that agents or brokers who emphasize volume-volume-volume in their professional persona may be better at moving a transaction along than they are are securing the best price and terms for their buyer-clients. They may also take shortcuts through the property evaluation process to be sure the transaction does not go off the rails.

Get an agent that works just for you and doesn't take shortcuts just to "make the deal work". Once the closing is finished and they cash their check, they're done with it. You, on the other hand, are the one who is going to live in that house and make the payments for x number of years. 

Lots of agents like to skip over uncomfortable or challenging details they fear may slow down or threaten the success of a transaction. If their reputation is based primarily on volume, their interests may not be congruent with yours. Caveat emptor! ("Let the buyer beware").

They sow the wind but you may reap the whirlwind.
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George Black

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A consumer who doesn't perceive any risk when buying a home is not likely to appreciate the importance of the protection offered by an exclusive buyer agent. It would be like trying to explain the value of a condom to someone unfamiliar with how babies are conceived.
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Chill out with hot jazz on a hot day.
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Have him in circles
89 people
doug taylor's profile photo
Brian Ahearn's profile photo
jim albert's profile photo
Derek Harris's profile photo
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  • A Buyer's Best Choice Realty
    Certified Exclusive Home Buyer Agent, 2009 - 2013
  • Buyer's Resource Realty Services
    Certified Exclusive Home Buyer Agent, 2000 - 2009
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I used to help folks buy homes. I was an exclusive buyer agent.
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A wonderful marriage and worthwhile work permit me to conduct my life with honesty, loyalty and integrity.
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We are retired and live out of state. We've used Verandah Properties to manage our properties for at least a decade. I don't know how we could do any better--in fact I don't think we could manage without them. The price is right and they've always acted in our best interest. (Plus they're fun to work with!)
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