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Real Estate Services Bait and Switch is Nasty Business

A real estate agency / brokerage offers its clients full representation and undivided loyalty. All sounds good and the consumer signs a representation agreement.

Some time later the agency / brokerage asks the client to sign a multiple representation / dual agency agreement. What now? The client does not wish to jeopardize a potential transaction. Caught in a predicament and often without the benefit of independent advice, with some reluctance the client agrees to weaker representation.

Up front, consumers should ask about the real estate agency / brokerage policy on multiple representation. Consumers have a right to choose full representation throughout the real estate process. Consumers have every right to just say "NO" to double agency.

Posted Wednesday Jun 01