Should I Use The Same Agent To Buy And Sell My Home?

Should I use the same Realtor to buy and sell a house?

It’s not out of the question for an agent to specialize only in listing homes for sale, while another might work strictly with homebuyers. Most real estate agents handle about an equal number of buyers and sellers, however, so using the same professional in both roles is possible.

Can the buyer and seller have the same agent?

In the real estate biz, one agent representing both the seller and the buyer is called dual agency. Although it’s legal in some states, many real estate agents—and house hunters, too—see dual agency as a conflict of interest.

Is it better to be a buyers agent or a sellers agent?

As a listing agent you control your time better.

As a sellers agent, you set the timeline for your appointments, open houses, inspections and showings. Most of a buyer’s agent day is spent on nights and weekends when their clients have the time to look, but sellers agents can set a more normal schedule.

Do you need two real estate agents?

The short answer is yes, you can work with multiple real estate agents—under certain circumstances. Working with more than one real estate agent is fine when you haven’t signed an exclusive agreement with anyone, says Adam Aguilar, a Realtor® with Reliantra in West Toluca Lake, CA.

What is a fair Realtor commission?

The typical commission is 6 percent, which is split by the agent for the buyer and the agent for a seller—3 percent each. But it’s only paid by the home seller.

How do you sell your home and buy a new one at the same time?

If you want to know how to buy a house before selling your current house, follow these steps:

  • Start house hunting right away.
  • Make an offer on your dream home and request an extended closing.
  • If you have savings, you may use that to purchase the home.
  • Close on the new home.
  • Consider renting your old home until it sells.

Is dual agency good?

Dual agency can also streamline the transaction process whether you’re the buyer or the seller. With one fewer agent in the mix, scheduling various events is a little easier. You could also potentially save some money, particularly if you’re the seller.

Is dual agency bad?

At best, they say, dual agents can’t fulfill their fiduciary obligations to both parties. They can’t advance the best interests of both buyer and seller because those interests always diverge. At worst, dual agency creates a harmful conflict of interest.

Can seller Contact buyer directly?

Buyer and Seller and Ethics

That’s why a seller should communicate through his listing agent, and the buyer should communicate through his buyer’s agent. As a general rule it certainly is not a good idea for a buyer and seller to talk directly with each other during negotiations.