Tag Archives: dual agency

‘Double-dipping agents’ overcharge consumers billions in commissions

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Consumer watchdog says dual agency should be banned, but double-ending should not be so long as agents discount their commission and act as facilitators. Continue reading →

Pocket listings are bad for consumers — period

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The MLS functions because of bilateral cooperation and compensation. You have to “pay to play,” and you pay by providing your listings. You can’t just take from the MLS without giving back. Continue reading →

Tales from the field: A mishandled dual agency and iBuying fail

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Welcome to our new recurring column, “Tales from the field.” Sourced from various pros all over the country, these short stories recount what agents are seeing on the front lines and what others can learn from them. This week, broker-owner Laurie Westo… Continue reading →

Cut the crap: NAR lawsuit is good for consumers

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Regardless of the outcome of the mega lawsuit, the sunshine from this legal assault will force the industry to clean up its act. Savvy and progressive industry leaders are using this moment to break from the past and lift the veil of secrecy for consum… Continue reading →

Douglas Elliman agent deceived seller in dual agency deal: Lawsuit

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A newly amended lawsuit alleges Douglas Elliman’s Florida operation failed to supervise its agents, one of whom is accused of committing forgery and fraud. Continue reading →

Houlihan Lawrence attempt to toss dual agency lawsuit fails

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New York’s highest state court is allowing a lawsuit against real estate brokerage Houlihan Lawrence to move forward, saying that establishing informed consent to dual agency requires more than a consumer’s signature on a disclosure form. Continue reading →

Buyer’s side commission confusion? Survey shows alarming results

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Nearly half of homesellers don’t realize they pay the buyer’s agent commission fee, according to a survey from flat-fee real estate referral service Clever Real Estate. Continue reading →

Consumer watchdog calls for nationwide ban on dual agency

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A national consumer watchdog is calling for states to ban dual agency and make agency disclosures less confusing, according to a report released Monday. Continue reading →

Brokerage accused of forging documents in dual agency lawsuit

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Clients are accusing top New York brokerage Houlihan Lawrence of forging disclosure forms in the firm’s effort to have their dual agency lawsuit dismissed. In a lawsuit first filed in July and amended in October, four buyer and seller plaintiffs … Continue reading →