realestate question
yeah

Apollo, PA

#1 Aug 6, 2013
I know a guy that sells homes and I have found the house I want to buy. Am I better off working with the agent that has the home listed to get it at a cheaper price?
nunya

Nashville, TN

#2 Aug 7, 2013
The seller pays commission, not the buyer. So if the seller already has an agent it's probably not going to matter.
momof2

Nitro, WV

#3 Aug 7, 2013
The listing office has a fiduciary duty to the seller to get them the highest price. So it's better to find another agent outside of the listing company! Hope that helps :)
Gosh

Huntington, WV

#4 Aug 7, 2013
Yes, you are better off with the listing agent.
momof2

Chesapeake, OH

#5 Aug 7, 2013
Gosh wrote:
Yes, you are better off with the listing agent.
Might wanna study some real estate law before u give someone a recommendation. Wv allows dual agency which means the agent can represent both the seller and the buyer. But their main duty "fiduciary duty" and job is to get the highest price for the seller.
Level 1

Since: Jun 13

Huntington, WV

#6 Aug 7, 2013
momof2 wrote:
<quoted text>
Might wanna study some real estate law before u give someone a recommendation. Wv allows dual agency which means the agent can represent both the seller and the buyer. But their main duty "fiduciary duty" and job is to get the highest price for the seller.
Do both parties have to agree for that to happen?
Gosh

Huntington, WV

#7 Aug 8, 2013
momof2 wrote:
<quoted text>
Might wanna study some real estate law before u give someone a recommendation. Wv allows dual agency which means the agent can represent both the seller and the buyer. But their main duty "fiduciary duty" and job is to get the highest price for the seller.
You are wrong. Yes, WV permits Dual Agency and, at that point, the agent is not permitted to place the interests of 1 client over another.
Gosh

Huntington, WV

#8 Aug 8, 2013
Missmissu2 wrote:
<quoted text>
Do both parties have to agree for that to happen?
Yes, they have to agree.
momof2

Nitro, WV

#9 Aug 8, 2013
Missmissu2 wrote:
<quoted text>Do both parties have to agree for that to happen?
Yes mam it has to be disclosed and agreed to that the listing agent/company who has listing represents both seller and buyer in the transaction.

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