Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust-2bcce80d03411a9e99a3cbcf4201c034562e18a3fc6eecd3fd22ecd5350c3aa5.avif)
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply
Dual Agent , fiduciary duty and commission
I am about to put together a competitive offer for a multifamily around $400k in college town with over 9% cap rate, however so far I do not have a buyer's agent at this point.
The agent admitted that she gets 6 for representing both sides. That's $24000, as opposed to $12000 at 3%, a significant difference in most people's mind.
She has other offers coming from parties she also dual represents, so if I come in with my own agent my offer will mean her commission will be reduced to half. Even if my offer might come in higher than other offers I am worried that she is going to present more favorably offers that give her 6% over mine that will give her 3%, not only that I would be better informed.
Thanks and Merry Xmas.