Commissions and Undisclosed Dual Agency
From Mission Forge by Bobby Jankovic
April 20, 2024 · 9 min · Episode 77
About this episode
Bobby Jankovic discusses the complexities of commission structures in real estate and the importance of prioritizing the seller's best interests.
In thIs podcast I dig into the reasons why lis ing agents and sellers offer different cooperative commissions. My advice is that listing agents should stay focused on advising the seller what commission rate or flat fee will get the job done depending on the current market conditions. Listing agents should avoid making decisions and giving advice to sellers based on duties to buyer's agents and reactions of others in the industry. Losing focus of the best interest of the seller by focusing on what others may think could be an example of undisclosed dual agency.
People in this episode
Host: Bobby Jankovic
Topics covered
- real estate
- commissions
- dual agency
- listing agents
- seller advice
- market conditions
Keywords
- real estate commissions
- listing agents
- seller representation
- dual agency
- market conditions
- cooperative commissions
- agent advice
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