[quote=scaredycat]the violation of the conflict of interest rules would only be a problem for the agent, right? [/quote]
I thought you were the attorney here. 😉
I can’t claim expertise on all the nuances of agency rules with regard to RE licensing — perhaps one of the XXrealtor members can chime in here…
I do have some book smarts, however, and I do know that dual representation is tricky for the agent and that they must be very careful. I’m pretty sure that taking an undisclosed commission from one party would break a rule. Perhaps it would only be a “problem for the agent,” meaning the buyer would not get into any trouble if the violation was discovered later. And I would guess that it would be easy to hide. But you would be crossing a line.
maybe a relatively upfront way to do it would be to say to the seller, look, I’ll pay the fee fort he sale directly to the agent, just let me negotiate it. Then you can tell the agent, look, if you get me the free interest deal, i’ll pay a higher fee. i mean, if the reverse were true, if the seller were getting a break on his fee, he wouldnt have to disclose it to the buyer, would he?
maybe a relatively upfront way to do it would be to say to the seller, look, I’ll pay the fee fort he sale directly to the agent, just let me negotiate it. Then you can tell the agent, look, if you get me the free interest deal, i’ll pay a higher fee. i mean, if the reverse were true, if the seller were getting a break on his fee, he wouldnt have to disclose it to the buyer, would he?
maybe a relatively upfront way to do it would be to say to the seller, look, I’ll pay the fee fort he sale directly to the agent, just let me negotiate it. Then you can tell the agent, look, if you get me the free interest deal, i’ll pay a higher fee. i mean, if the reverse were true, if the seller were getting a break on his fee, he wouldnt have to disclose it to the buyer, would he?
maybe a relatively upfront way to do it would be to say to the seller, look, I’ll pay the fee fort he sale directly to the agent, just let me negotiate it. Then you can tell the agent, look, if you get me the free interest deal, i’ll pay a higher fee. i mean, if the reverse were true, if the seller were getting a break on his fee, he wouldnt have to disclose it to the buyer, would he?
maybe a relatively upfront way to do it would be to say to the seller, look, I’ll pay the fee fort he sale directly to the agent, just let me negotiate it. Then you can tell the agent, look, if you get me the free interest deal, i’ll pay a higher fee. i mean, if the reverse were true, if the seller were getting a break on his fee, he wouldnt have to disclose it to the buyer, would he?
