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Nesgroup address: misc.consumers.house - Date & Time for the message: /

Author of the message: spambait@milmac.com (Doug Miller)

Title of the message:
Re: Buying a home - Dual Agency

Text of the message:
In article <pan.2005.03.20.18.40.46.693310@mail.com>, Rainman <donotspam@mail.com> wrote:

>Hi.  I've been house hunting for a while, and I'm really torn between dual
>agency or having my own agent working for me.

Why are you "torn"? This is a no-brainer: in dual agency, the agent is working
for the seller, and you have nobody working for you.

>
>With dual agency, does the seller's agent also take the buyer's
>commissions?

Yes.
[snip]

>Shouldn't I be at a small advantage in not having a buyer's agent, if I'm
>able to negotiate?

No. You're at a tremendous DISadvantage here.
First of all, as a buyer, you have *no* leverage whatever to negotiate
commissions, regardless of whom the agents are working for, because you're not
paying them. The *seller* pays the commissions. You have no role in that. The
commission is determined by the listing contract between the seller and the



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