Ask Cari: Do you ever represent BOTH the buyer and seller in one transaction?

An #AskCari Question: Do you ever represent BOTH the buyer and seller in one transaction?

Watch the full video and find the transcript below!

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Transcript of Cari’s answer

I do not represent the buyer and the seller in the same transaction, trying to buy and sell the exact same house, with one exception, which I’ll get to in a second. But the reason I don’t is that the seller — if I’m the listing agent, the seller has hired me to sell that house, and I am representing the seller on that transaction.

It’s difficult for me to represent both a buyer and a seller on the same transaction because they’re working at cross purposes. The seller wants to sell the house for the most money that they can. The buyer wants to get it for the lowest amount of money that they can. And I don’t see how I personally could represent both a buyer and a seller who are working for different things.

A lot of my colleagues do. Hats off to them. I personally don’t like to do it.

The reason it’s okay with new construction, which is my one exception with new construction, basically it’s kind of a list of, “these are the things I want. This is what these things cost. Okay, let me get that taken care of for you.” So it’s not really a matter of trying to get a better deal or trying to get the price up. The price of new construction is what it is.