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Josh Harris
  • Investor
  • Derby, IN
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Should I only use one real estate agent?

Josh Harris
  • Investor
  • Derby, IN
Posted
There’s only one real estate agent in town who brings me the kind of deals I’m looking for. But once in awhile I see a property listed by another agent that I’m interested in. I’m tempted to contact the listing agent directly because I’m worried I won’t have as much leverage if I bring in my regular agent. Or should I offer through her as a thank you for the deals she brings me? Any tips are appreciated.

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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
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Brie Schmidt
  • Real Estate Broker
  • Chicago, IL
ModeratorReplied
Originally posted by @Josh Harris:
There’s only one real estate agent in town who brings me the kind of deals I’m looking for. But once in awhile I see a property listed by another agent that I’m interested in. I’m tempted to contact the listing agent directly because I’m worried I won’t have as much leverage if I bring in my regular agent. Or should I offer through her as a thank you for the deals she brings me?

Any tips are appreciated.

 The seller pays the full commission regardless if there are 1 or 2 agents involved.  If there is only 1 agent representing both sides they are extremely limited in what they can do and open themselves up to lawsuits.  So even though it is legally allowed, most companies do not allow it.  So if you called the listing agent they would refer you to someone else at their company.  

If the agent you are working with is good, and has your best interest in mind, you will probably be better off staying with them

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Second City Real Estate
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