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Updated over 11 years ago,

User Stats

217
Posts
14
Votes
Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
14
Votes |
217
Posts

Dual agent is not same as no agent!!

Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
Posted

I just submitted an offer through the listing agent, hoping that can save me 3% on the price and make the negotiation easier.

However, I am wrong. When I signed the offer contract, it explicitly said that this is a dual agent case and the listing agent will still be paid the 3% as a buyer agent. So I fail to help the seller save 3% and therefore fail to make the offer sweeter to the seller.

Next time, I will prepare the offer contract myself, let my lawyer review it, and just hand it to the listing agent.

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