Well thanks for your honesty. Unfortunately, being honest about being dishonest doesn’t really get you anywhere ethically.
In all likelihood I would NOT do the deal.
It may not be illegal for the buyer, but for the agent its a violation of of their agreement with the seller and most likely fraud. Obviously you’d never be able to prove that in court, but that’s what it is.
I am sympathetic to a buyer because I would be tempted to do the deal too, but I am not sympathetic to the agent at all. Agents facilitating these deals are ripping off the people they’re supposedly representing.
No, the difference between you and I is that you would dive into the deal thinking you’re doing nothing wrong. If I did the deal, which I honestly do not believe I would, I would be doing the deal knowing I was doing something unethical.
Isn’t that the real question here? Is this deal ethical or not? It’s not about my personal ethics or your personal ethics.