Don’t become a victim! Who’s truly on your side?
Contrary to common belief, asking the listing agent to represent you as the buyer puts you at great risk.
Buyers are already in a vulnerable position when acquiring a property. It is the buyer agent’s fiduciary duty to protect his/her clients’ interests.
Buyer agents can negotiate a better deal than the listing agent who is obligated to protect the seller.
Legislation affecting dual agents.
Assembly Bills 1289 and 2884(2018), effective January 1, 2019, provide that a dual agent may not reveal to either
party facts relating to the financial position, motivations, bargaining position or other personal information that may
impact price, in addition to the restrictions already mentioned.
Read the full story: California Association of REALTORS®