Can you have 2 agents to sell your house?
A: YES! All real estate contracts are negotiable! A:The simple answer to this would be that when you list your home with a real estate company, make sure they are members of the local multiple listing service (MLS). …
Is it OK to have multiple real estate agents?
Listing with multiple agents turns a property sale into a race to the finish line. Some agents will become desperate to seal the deal, promising potential buyers that they can offer them the best price. … Having multiple agents also makes it hard for the sales agents to create competition between buyers.
Why dual agency is bad?
At best, they say, dual agents can’t fulfill their fiduciary obligations to both parties. They can’t advance the best interests of both buyer and seller because those interests always diverge. At worst, dual agency creates a harmful conflict of interest.
Is a dual agent a good idea?
The bottom line is that dual agency is certainly a good thing for the agent but is typically a negative scenario for both the buyer and seller, as neither party is getting fair representation. This is an especially negative arrangement for inexperienced buyers and sellers who really need professional guidance.
How do you tell a realtor you are going with another agent?
During your scheduled call, tell your real estate agent you’ve chosen to work with someone else and thank them for their time. They may ask if you’ve signed an exclusivity agreement with someone else. You don’t need to disclose any other information if you don’t want to.
Are you obligated to a realtor?
Once you sign a buyer’s agent agreement, you are legally obligated to work with that agent. … If you try to switch to a different agent during this period without canceling this contract, you could land in legal hot water.
What is the difference between selling agent and listing agent?
Although the names sound similar, a selling agent is vastly different from a seller’s agent. While a listing agent takes care of selling the property, a selling broker represents the interest of the buyer. … This type of real estate agent learns about what buyers are looking for and then help match them with properties.
Can buyer and seller agent be the same?
In the real estate biz, one agent representing both the seller and the buyer is called dual agency. Although it’s legal in some states, many real estate agents—and house hunters, too—see dual agency as a conflict of interest.
What if your realtor is also the listing agent?
In your situation, your real estate agent is the listing agent and is also your buyer’s agent. In this case, your agent is considered to be a dual agent; and because an agent can’t hold a fiduciary duty to you and the seller in the same transaction, your agent’s role in the transaction is diminished.