If you are looking to sell your home and buy a new home, you will want to make sure that the realtor you are working with is a dual broker. A dual agency means that the agent or real estate brokerage you work with will be able to act as both the buying agent and the selling agent. Like anything else in life, there are pros and cons to working with a dual agency that should be considered.
What are Dual Representation Agents?
Dual representation agents represent both the buyer and the seller in the same real estate transaction. A dual agency specifically is when the listing agent and the buying agent are either the same agent or two agents from the same real estate brokerage. Real estate agents have a fiduciary responsibility to their clients, which means that they must act with the clients’ best interests in mind. When one agent or brokerage is on both sides of the negotiation table, it can get a little tricky. However, Team Sharif Sells agents have been part of dual agency deals for years that have brought them tons of experience.
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The Benefits of a Dual Agency
There are certainly advantages to working with a dual agent realtor in Mercer County, NJ. For one, having the same agent can streamline processes. You’ll find that you won’t have to deal with a ton of back and forth. Say you have questions about the home you want to buy. Your dual broker will be able to answer your questions quickly without having to call another agent and then wait for them to get an answer from their client.
A dual agency takes out the middleman and streamlines the homebuying or home selling process. In addition to the responsiveness to questions, scheduling various events like walkthroughs, inspections, etc. Negotiations will also go smoother and quicker since your dual realtor will already know what you are looking for when it comes to selling or buying a home in Mercer County.
Should I Work with a Dual Agent Realtor?
In Mercer County, NJ, it is up to you if you want your agent to act as a dual realtor. If you want to buy or sell a home in Mercer County and want to streamline the process, then contact Team Sharif Sells. Our team is filled with experienced agents that are used to working in a dual agency, which means we have the knowledge, insight, and experience to handle it properly. We are dedicated to providing you with the best real estate experience, whether you are selling, buying, or investing. Contact us today at 609-757-9647!