Tuesday, January 28, 2014

dual representation with listing agent , the myth of any advantages by Steve Eveleth 925-487-2246

Once again it’s a hot sellers market. Multiple offers, above asking, little if any contingencies, lack of inventory and tons of buyers chasing the American dream and agents all with their hand out chasing the green! So along with this landscape, buyers are doing anything they can to get what they want. Many buyers are under the illusion that going straight to the listing agent is going to get them a better deal or get their offer accepted in a multiple offer situation. I’m here to explain that myth and in most cases many agent turn away this type of mentality from buyers and it actually is counterproductive if you have a good buyer’s agent by your side in getting your offer accepted! Now there are certainly dual representation situations that do close all the time. It’s all about each individual set of circumstances and how the listing agent handles it along with proper disclosure to all parties and the ability to generate palatable terms for all parties to make it work and close the deal. Bottom line is most good agents are not going to compromise their fiduciary duties with their relationship and integrity to their seller and compromise their license all for a chance to make a little more on commission for a buyer they have never seen or represented before that just came out of the woodwork in a hot market trying to get what they want! Here a video on the subject and reality of how a good agent handles a dual representation situation in a hot sellers market.
Video on dual representation by Steve Eveleth 925-487-2246
Steve Eveleth Livermore California Real Estate Success!

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