@Yonah Weiss dual in finance and Econ.

If I had a buyer that offered on one of the agents on our teams listing we do have to sign the dual agency form.

It’s no different then a RE agent not properly disclosing if she/he are the buyers, seller or “dual agent”.

So, I contacted the listing agent directly and told him I didn’t mind him being a dual agent.

The dual LLC set up is useful because if a tenant or third party were to sue, they would sue the operations LLC that doesn't own anything so there would be nothing to recover.

The grounds for the complaints are numerous from improper fees, improper notice, undervalued home price, dual tracking, lack of proper mortgage ownership, etc, etc.

This could be construed as an implied agency with the seller (creating a dual agency), which may or may not be legal in the state you're in and opens up the agent to additional liability (for no gain).

I can not write a contract on behalf of someone reaching out to me (dual agency is illegal in MD).

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So now the original seller who is still on the mortgage and the payments can't be made the guy who did the sandwich and took the big bit and moved on is no help and the seller is in a real jam.. and many times this leads to full blown foreclosure trashing of their credit.. and In Texas particularly a Money judgment against them from the lender as Texas is a dual action state.. along with the possibility of a 1099C.OR,Investor buys them sub too its a rental.. renter does not pay and trash's house takes new buyer 3 to 6 months to evict and there is a big fix bill.. all the while investor who ( now this is for those with limited capital ) they can't make 1k a month payments and pay to evict / foreclose  and then come up with the money to rehab all over again.