Article: Who Does The Agent Really Work For?
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Who Does The Agent Really Work For?
In many states, the sub-agency has been eliminated. In these states, if an agent is working for a buyer, he or she is a buyer agent. In this case the buyer must pay the percentage or fee to the broker or agent. If the agent is working for the seller, he or she is a seller agent (or conventional). That clears up some of the confusion. If the subagent t1 or the buyer broker is also the listing2 broker, he or she is known as a dual agent.
So let?s make it clear: If you haven?t hired a buyer broker and signed an exclusivity contract with him or her, and if you?re not living in a state that mandates buyer brokerage, you?re most likely working with a seller or conventional broker or agent. Don?t think now that working with a conventional broker or seller broker/agent is worse than...
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