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All Forum Posts by: Tyrrell Levine

Tyrrell Levine has started 1 posts and replied 2 times.

Thanks for the quick reply! From the seller's point of view, do you recommend trying to avoid dual agency? It seems quite harmful to both the seller and the buyer, but great for the agents. 

And do the smaller listing agents also operate this way?

Hi all, I'm trying to understand how the big commercial real estate agents (CBRE, JLL, etc) market deals. For example, if I want to sell a five-unit multifamily in Washington DC, it seems these agencies will market almost exclusively to their own clients -- and thus end up on both sides of the deal (dual agency). 

Is this how it actually works? If so, it seems like they are not marketing to the vast majority of potential buyers (because even these big players have <20% market share in any given market). And thus how are they achieving the highest possible selling price?

I'm also wondering if working with a smaller listing agent might be a way to avoid this dual agency problem. Any insights from the BP community would be greatly appreciated.