Comments on: More About Dual Agency In Texas aka Intermediary

By: rerockstar

rerockstar — Wed, 10 Aug 2011 17:58:39 +0000

Jim – Texas law requires that all parties be notified that it is an intermediary situation in writing. You do not have to participate in dual agency and that is your choice.

I don’t dislike inter-office intermediary, as long as everyone gets their disclosures. I think it’s the only form of dual agency that can be done properly. For this reason I don’t tell agents in my office about my listings other that what is common publicly available knowledge. It keeps the door open that one of those agents can represent a buyer without any knowledge of my seller’s position or confidential information.

By: Jim Volstad

Jim Volstad — Mon, 08 Aug 2011 17:22:18 +0000

I just discovered that a property in Fair Oaks Ranch is being listed by an agency that my buyers agent works for. Not a.good thing as I now have to be very careful what I tell this agent.

By: rerockstar

rerockstar — Wed, 22 Dec 2010 16:35:35 +0000

Richard – Buyer agency didn’t even exist in Texas until the late 80s. I think dual agency (intermediary) needs to be stuck down.

Mathieu – A buyer can purchase property without an agent (and a seller can sell without it as well). Engaging directly with the agent though can be a bad decision as they represent the seller – and therefore anything you say to them is not covered by confidentiality.

By: Mathieu

Mathieu — Wed, 22 Dec 2010 02:58:41 +0000

Us appears to have a rather complex system in respect of the property market. Some aspect I understand and if time is of essence a broker is a great option. However, I personally like to seek properties and engage directly with agent. Is this permitted in the USA?

By: Richard Dillon

Richard Dillon — Thu, 25 Nov 2010 02:20:23 +0000

Dual agency is common in many countries. Australia has one representative for both buyer and seller. This is supported with a very strict legislation and methods of practice. I have often believed that single agents would be a great option and it is pleasing to observe that this is beginning to occur.

By: 3 reasons you shouldn’t call the listing agent — ATX Real Blog

3 reasons you shouldn’t call the listing agent — ATX Real Blog — Mon, 09 Aug 2010 18:27:31 +0000

[...] agency,” and it’s all kinds of illegal in Texas. For more information on agency, here’s a great article by a REALTOR in San [...]