{"id":943,"date":"2020-04-19T09:42:19","date_gmt":"2020-04-19T16:42:19","guid":{"rendered":"http:\/\/julianalee.com\/blog\/?p=943"},"modified":"2020-04-19T09:45:50","modified_gmt":"2020-04-19T16:45:50","slug":"sellers-agent-represent-me","status":"publish","type":"post","link":"https:\/\/julianalee.com\/blog\/sellers-agent-represent-me\/","title":{"rendered":"Seller&#8217;s Agent Represent Me"},"content":{"rendered":"\n<p>Frequently I get phone calls from buyers wanting to submit a purchase offer on a home I have for sale without the use of their own real estate agent.<\/p>\n\n\n\n<p>The prospective buyer will often mention that they either expect to get a commission refund or that their offer will be preferred over nearly identical offers. Some will say they don&#8217;t want a real estate agent to represent them. Others will say they want me to represent them. Almost never will these buyers ask about the conflict of interest this creates.<\/p>\n\n\n\n<p>If a home buyer or seller gets significant advice or help from a real estate agent, that agent might be required to be bound by agency duties: &#8220;A fiduciary duty of utmost care, integrity, honesty, and loyalty&#8230;&#8221;. How can one person provide the utmost care to two people who are opposing each other in negotiations?<\/p>\n\n\n\n<p>Even if a buyer or seller tells me they DO NOT want me to represent them, I could still be legally obligated to treat them as if I was representing them. This requirement is an &#8220;<a href=\"https:\/\/julianalee.com\/reinfo\/implied-agency.htm\">implied agency<\/a>&#8220;.<\/p>\n\n\n\n<p>This is a situation that has been around for many years. I handle it by having set up and running my team so that some agents represent home buyers while others represent sellers. When I get a call from a buyer I have them work with one of my buyer agents who does not represent the seller.<\/p>\n\n\n\n<p>What many buyers don&#8217;t think about is that after an offer is accepted, there may still be significant negotiations, or if negotiations fail legal proceedings.  Some of the common problems include: the buyer&#8217;s loan is not funded in time and the buyer needs to get a contract addendum accepted which extends the allowed time; the mover can&#8217;t move the owner&#8217;s furniture out in time and the seller needs an addendum; a follow-up inspection reveals new significant problems nobody wants to pay to repair but they must be repaired.<\/p>\n\n\n\n<p>When a real estate agent or a real estate broker represents both the buyer and the seller, a <a href=\"\/reinfo\/double-ending.htm\">dual agency<\/a> agreement must be accepted by both the buyer and the seller. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Frequently I get phone calls from buyers wanting to submit a purchase offer on a home I have for sale without the use of their own real estate agent. The prospective buyer will often mention that they either expect to get a commission refund or that their offer will be preferred over nearly identical offers. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[28,106,105],"class_list":["post-943","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-buying-your-home","tag-dual-agency","tag-implied-agency"],"jetpack_featured_media_url":"","uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"Jeff JulianaLeeTeam","author_link":"https:\/\/julianalee.com\/blog\/author\/webmaster\/"},"uagb_comment_info":0,"uagb_excerpt":"Frequently I get phone calls from buyers wanting to submit a purchase offer on a home I have for sale without the use of their own real estate agent. The prospective buyer will often mention that they either expect to get a commission refund or that their offer will be preferred over nearly identical offers.&hellip;","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/comments?post=943"}],"version-history":[{"count":2,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/943\/revisions"}],"predecessor-version":[{"id":945,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/posts\/943\/revisions\/945"}],"wp:attachment":[{"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/media?parent=943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/categories?post=943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/julianalee.com\/blog\/wp-json\/wp\/v2\/tags?post=943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}