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Updated almost 7 years ago on . Most recent reply

User Stats

100
Posts
25
Votes
Ryan H.
  • Investor
  • Portland, OR
25
Votes |
100
Posts

Broker Agreement / Dual Agency

Ryan H.
  • Investor
  • Portland, OR
Posted

Hello, I contacted an agent about three weeks ago for assistance with locating a first rental property.  She's done a significant amount of research on my behalf.  Yesterday she sent a Disclosure/Broker Agreement for me to review and sign, to formalize our arrangement.  This revealed that she intends to represent both buyer and seller, which is not an arrangement I'd be comfortable with.  My assumption was that she representing only me (as Buyer).  How do you recommend we manage what will likely be a separation based on this misunderstanding?   I feel badly that we didn't clarify this at the outset and for all of the work she's already put in on my behalf.

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