Agency is reflective of real estate relationships. In fact, there is a disclosure that exists and accompanies every side of residential real estate transactions within California.
The agents can either be a Buyers Agent - Having an exclusive relationship in the representation of the Buyer.
They can also have a Sellers Agency - Having an exclusive relationship in the representation of the Seller.
They can also have both - Representing the Buyer and Seller within a real estate transaction.
"Danger Will Robinson - Danger". When a Real Estate agent is representing both sides of any real estate transaction, having "Agency" with both the buyer and seller - There may be concerns from either party - or both.
Does the real estate agent know their sellers "bottom line"? What about the Buyer, does their real estate agent know how much they can spend? The answer to both of these questions is "Of course they do!".
With careful consideration and for your education within Real Estate - We are The Paris911 Team at REMAX of Santa Clarita. Be Safe and talk with you soon!