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Updated about 1 hour ago on . Most recent reply

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Sejin Kim
19
Votes |
39
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Will it be better to have dual realtor as a buyer.

Sejin Kim
Posted

Hello, 

my husband and I are trying to buy Triplex but we never had this experience before. We have bought 1 single family house for our primary residence and bought 1 condo for our investing property in FL. 

I contacted sellers agent and asked if we need our own realtor or can he represent buyer side as well. He said either way works. 

I thought having dual agent might more motivate him to sell to us due to high commission. 

However it will be our first triplex and we are worried if we don't get honest advice from realtor. 

So I am not sure what will be better idea, to have our own realtor who can give more buyer side advice or to have dual agent? 

I have been communicating with Sellers agent and I liked fast process. 

Any advice will be appreciated. 

Thank you.

Most Popular Reply

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Jake Andronico
#4 House Hacking Contributor
  • Realtor
  • Reno, NV
814
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1,016
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Jake Andronico
#4 House Hacking Contributor
  • Realtor
  • Reno, NV
Replied

@Sejin Kim

There are many intricate details in a deal, particularly with multifamily in a tenant-friendly state like CA. 

You can certainly use the listing agent if there is agreement from all parties (buyer, seller, and agent), which it sounds like there is. 

But, they will not represent you. When representing both parties at the same time, there is an inherent conflict of interest. 

I have dual repped before in Reno, NV and it can certainly work very well, but it also can be a nightmare if there is a disclosure issue. 

I wish you the best of luck! 

  • Jake Andronico
  • 415-233-1796

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