How is a real estate agent that represents both the buyer and seller of a house not a conflict of interest?

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I understand about disclosures but to me it still seems shady….

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4 Answers

Anonymous 0 Comments

Yes, it’s not recommended.

Many states require that the buyer and seller consent to such a transaction, for example the “Disclosure Regarding Real Estate Agency Relationships” form in California.

What many more honest real estate agents will do in this scenario where the buyer’s agent happens to be representing the sellers too, is to refer the buyers to one of their colleagues so there’s no conflict of interest. The colleague might give them a referral fee.

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