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Updated over 5 years ago on . Most recent reply

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22
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Amber C.
  • Rental Property Investor
  • Toronto, ON
5
Votes |
22
Posts

Dual agency in multi-family apartment

Amber C.
  • Rental Property Investor
  • Toronto, ON
Posted

I would like to know people's experiences of dual agency! Has anyone done this before? What is pros and cons? 

Most Popular Reply

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973
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Danny Randazzo
  • Apartment Syndicator
  • Charleston, SC
727
Votes |
973
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Danny Randazzo
  • Apartment Syndicator
  • Charleston, SC
Replied

@Amber C. for larger multi family properties 100 units and up there is only one broker to sell a property and it's the seller's broker. As a buyer you submit your offer to the seller's broker and there is not a commission for the buyer's agent. As a buyer, of course you can use your own agent/broker but you will pay them out of your own pocket or if you ask the seller to pay it then you have a weaker offer. 

  • Danny Randazzo
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