Paul Howard

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Ileri Ogunfiditimi, A more clueless comment I have never seen: "If an agent already has established relationships with a buyer and seller in a transaction, why wouldn't that agent be able to represent both parties fairly in that transaction? " Representation requires advocacy. You can not advocate for two parties that have opposing interests. In that situation you are only advocating for yourself - which you pretty much agree with in stating that it is good for business. Disclosure requirements aren't there to allow you to get away with it - they are there to warn the consumer of what they lose by agreeing to dual agency. If you imply to them that there is no loss you are not fulfilling the disclosure requirement - you are breaking the law. Paul Howard, Broker NJHomeBuyer.com Realty Cherry Hill NJ 08002

Map is incorrect. Designated agency is not permitted in NJ. Paul Howard, Broker NJHomeBuyer.com Realty Cherry Hill NJ 08002

Two points: 1. The brokerage fee is not always an even split when two different companies are involved. Some buyer's agents are paid in accordance with a contract they have with their buyer client - and do not accept the 'offer' of compensation from the seller's agent that is typically made via the MLS system. 2. All states require agency disclosure but they don't (at present) explicitly prohibit deceptive 'bait and switch' type advertising that most often occurs when agents with companies that also represent sellers advertise that they will provide buyer agent services - without a disclaimer that they may not be able to provide those services if their company also represents the seller. This type of deceptive advertising is common. MEMBER: National Association of Exclusive Buyer Agents. http://www.naeba.org Paul Howard, Broker NJHomeBuyer.com Realty Cherry Hill NJ 08002