Dual Agency
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As A Home Buyer, What Should I Know About Dual Agency?
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Dual agency is created when a real estate broker represents the seller and the buyer in a real estate transaction. This situation is more likely to occur with a large real estate company that has many listings and a large number of salespeople working with buyers.
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IMPORTANT CONSIDERATIONS FOR BUYERS
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Coldwell Banker Burnet buyers see new listings first
- Many of the best homes for sale are sold before they reach the MLS. Coldwell Banker Burnet has a large share of homes on the market and the information on our new listings may be available to Coldwell Banker Burnet buyers before it reaches other brokers through the MLS system. Our associates network within the company on a daily basis to match their buyers to the best Coldwell Banker Burnet listings.
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Motivational information is kept confidential
- Buyers and sellers may share motivational information with their real estate sales associate. This could include information on acceptable price, terms and their reason for buying or selling. In a proper dual agency situation, this information will be kept confidential. Confidentiality prevents either party from having a negotiating advantage.
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