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Updated over 13 years ago,
Will this approach to homebuying work?
the more i think about it.. the more i wonder if the proper approach to buying a house is to find houses on my own and schedule walkthroughs for each house by contacting the listing agent for that house. if i like the house and want to put an offer on it, then i sign a buyers agency agreement with the listing agent that will terminate in the event the transaction fails.. the listing agent is then forced to act as a dual agent in the transaction, meaning that he/she cant represent the interests of seller over buyer or vice versa. since i rightfully question whether any exclusive buyers agent truly puts my best interest over their own in a real estate transaction, i believe the quality of representation i would receive from a "dual agent" over an exclusive buyers agent is essentially the same.
the advantage to this approach is that i am not bound to any long-term buyers agency agreements with one individual and that in any transaction, i am always able to compromise the quality of the listing agent's representation to the seller by forcing the listing agent into dual agency.
does that make sense?