Industry Relations The Duel over Dual Agency
7 snips
Mar 5, 2025 The podcast dives into the heated debate over dual agency in real estate, questioning its ethics and impact on buyers and sellers. It highlights the controversial practices of major players like Compass and their influence on the MLS. The discussion tackles why brokerages seem to get a pass on dual agency while teams are scrutinized. Listeners will find insights on the balance between protecting small brokers and the future of private networks in the industry. Expect unfiltered takes on the state of real estate and its evolving landscape.
AI Snips
Chapters
Transcript
Episode notes
Double-Ending Deals
- Compass faces criticism for wanting to double-end deals, but this is standard brokerage practice.
- This reveals a hypocrisy in the industry's acceptance of brokerage-level dual agency.
Brokerage Dual Agency
- Brokerage-level dual agency, where different agents within the same brokerage represent buyer and seller, is generally accepted.
- Consumers might question this practice, but it's common.
Consumer Skepticism
- Consumers might be skeptical of using an agent from the same brokerage as the listing agent.
- Every brokerage wants to double-end deals; it's a core recruiting strategy.