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Old 03-17-2014, 04:01 PM
 
Location: The beautiful Rogue Valley, Oregon
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The house that I am about to put on the market is in a rural/retirement/semi-"resort" area with one RE agency that handles probably 75% of the houses. I will likely use this RE agency and the buyer I (hopefully this year) get will also likely be a client of the agency.

What kinds of things in the contract should I be particularly aware of, as the seller, in a dual agency situation? The state is Oregon, if that helps, where I believe it is called Disclosed Limited Agency.
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Old 03-17-2014, 04:47 PM
 
Location: Salem, OR
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It is called disclosed limited agency, but if they are supervised by the same principal broker it will switch to designated agency. So then the only disclosed limited agent is the principal broker (the agent that supervises agents). It isn't dual agency in that fact that you would be agreeing to limited fiduciary duties, not full fiduciary representation. A disclosed limited agent is a paper pusher that offers minimal advice as they can't do anything that would impact either side negatively. If you allow your listing agent to be the disclosed limited agent, then you need to be really comfortable negotiating for yourself as they can't really advocate for you in the transaction.

I would discourage you from agreeing to allowing your listing agent to be the buyer agent. Having a buyer agent from the same firm is totally fine which is DLA with designated agency.
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