Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago, 06/05/2018

User Stats

2
Posts
0
Votes
James McNicholas
  • Pensacola, FL
0
Votes |
2
Posts

Transaction Broker vs. Dual Agency -- FLORIDA

James McNicholas
  • Pensacola, FL
Posted

I contacted a real estate agent in my area and told her I was interested in buying property and needed an agent.  We discussed the preliminary details of what I'm looking for in a home, and she immediately recommended that I look at a "great property" which she is aware of.  Several hour later, I looked at the property on Zillow and learned that the agent I spoke with is also the Listing Agent for this property.

I presume there's some legal way for this agent to represent both me and the seller in this deal (either via dual agency or as a transactional broker).  However, does this raise red flags for anyone else with regard to ethical conflicts of interest?  And even presuming there is no ethical conflict of interest, does this sound like I'm about to get taken to the cleaners?

I'm concerned that because this agent has already been named as the Listing Agent for this property, she cannot in any meaningful sense represent me as the buyer in this deal because she has already made a commitment to the seller to sell the home for the highest price she can, as quickly as possible.

Loading replies...