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Updated over 8 years ago on . Most recent reply
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Agent Loyalty
My real estate agent just informed that she is also investing in properties. I found several deals today that I would like her to put offers on, but I can't help but wonder if she would try to steal any for herself and outbid me. Is there any laws that would prevent her from doing so? We have a great relationship and I don't believe she would! What do you guys think? @Adam Franco @Milan Monteiro @Madeline Burke
Most Popular Reply
An agent is bound by duties owed and a fiduciary responsibility to their clients. When you make an offer there is a paper trail created. If your offers are legit and you have financing or cash in hand to make a deal there is no reason you should not trust your agent. Remember agents come across many deals and cannot buy everything and are bound by a code of ethics . The agent makes their money from customers like you thru referrals and building a good reputation it is highly unlikely they would steal your deal but would most likely ask your permission to pursue a property that you were not able to acquire