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Reply to "Selling agents in DC asking to sign a dual agency agreement"
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[quote=Anonymous][quote=Anonymous]I'd report them to DC real estate commission. [/quote] This! They are trying every trick to hold on to their cartel. Report them for unethical behavior. They are not acting in their clients' best interests. FWIW, almost 20 years ago I sold an "interesting" house. It was not your typical house. It was designed by a local celebrity architect and required a particular buyer to be willing to pay the premium. As part of the agreement with the listing agent, I asked her to be present at every showing herself (rather than just passing along the code to the lockbox). She did a fabulous job representing me. And I recommended her to every friend that was looking for a realtor. I recently moved back to that area she helped me find my next home. I would have paid her out of pocket, had the seller not offered a buyer agent's commission for two reasons: (1) Sentimentality. I was going through a difficult time 20 years ago and the agent really helped me. (2) I was an out-of-town buyer and could not just go to endless open houses and deal with listing agents directly. She previewed and weeded out many houses for me. And although I needed a buyer's agent and would have been willing to pay out of pocket, many buyers will make a different decision. The point is that the buyers are now in charge and can make choices that align with their needs and preferences. [/quote]
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