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Ambassador
2,684,569
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

    Florida outlawed Dual Agency some years ago.  However, they replaced it with something called "Transaction Brokerage", which is remarkably similar to Dual Agency.

Sep 07, 2016 08:17 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

we're listing agents and we expect to cobroke every listing.... if buyer agents within our office can't sell our listings, their lives will not be as easy as it is now!!!

Sep 07, 2016 09:15 AM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Margaret Rome, Baltimore Maryland - just read the headline of the story.

Looking forward to 'verdict' hopefully, soon.

We have 'Designated' seller and buyer agency in MA - and clients have a right to 'undivided loyalty' from their respective agents.

(Of course, this case is about dual agency - where the same agent represents both sides. However, it is mainly about the broker dual agency, am I right?)

Sep 07, 2016 09:00 AM
Rainmaker
902,038
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It's a tricky situations, but I think the article is too alarmist.

Sep 08, 2016 04:30 AM
Rainmaker
991,352
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

We're trans brokers - kind of similar but no, I'm not following it - I'm following the clinton/trump circus very closely

Sep 07, 2016 11:57 PM
Rainmaker
1,553,405
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

 The links are no good without membership, it can't be read on my end as a non-Inmann Member.

Sep 07, 2016 03:18 PM
Rainmaker
4,272,934
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I am following it Margaret Rome, Baltimore 

Sep 07, 2016 01:10 PM
Ambassador
3,741,912
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Thanks, Margaret!  I'm about to check this one out.

Sep 07, 2016 12:17 PM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I agree with Debbie Reynolds that this could affect our business in the entire country.

Sep 07, 2016 10:29 AM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I did see it but I haven't been following it since, Margeret. The results could impact the whole country eventually.

Sep 07, 2016 07:50 AM
Rainmaker
5,027,597
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I am now following it! Thanks for the heads up. We don't practice Dual Agency in Texas but can act in Intermediary between seller and buyer.

Sep 11, 2016 09:36 AM
Ambassador
3,863,465
Margaret Rome Baltimore 410-530-2400
HomeRome Realty 410-530-2400 - Pikesville, MD
Sell Your Home With Margaret Rome

Greg Large Try this link   Inman link or check it out on CAR

Sep 08, 2016 10:40 AM
Rainmaker
1,506,043
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Yes, I read a post Thomas J. Nelson, Realtor posted on Facebook about it.  Basically boils down to the buyer didn't read the disclosures he signed and now has sour grapes.  There were two different agents on this, but both employed by Coldwell Banker.  Not true dual agency, but close.  He hasn't sued HIS agent, just the listing agent.  This fine upstanding citizen would have sued the listing agent no matter who they were with (IMHO).  This is much ado about nothing.

Sep 08, 2016 06:55 AM
Rainmaker
4,176,799
John Pusa
Glendale, CA

Margaret, I am fallowing the case.

Sep 08, 2016 06:21 AM
Ambassador
6,418,172
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have been seeing the headlines in my email, unfortunately clicking any inman links just leads to frustration so I just read the headlines.

Sep 08, 2016 04:47 AM
Rainmaker
647,580
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I do not have an Inman subscription, so unfortunately I am unable to read the article.

Sep 08, 2016 03:45 AM
Ambassador
3,349,434
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes, I read that yesterday .... interesting stuff. 

Sep 08, 2016 01:49 AM
Rainer
232,019
Jessie Cochran
Counts Real Estate Group, Inc. - Panama City, FL
Panama City Realty Group

Not really  - I lived there for over 35 years - there's always something odd going on in the courts there so I tend not to pay much attention

Sep 08, 2016 12:19 AM
Rainmaker
1,728,256
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

No; I am more focused on my Florida Business right now.

Sep 08, 2016 12:01 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Margaret Rome, Baltimore Maryland This will be an interesting case. It could result in companies not being able to sell their own listings.

Sep 07, 2016 11:49 PM
Rainmaker
4,582,334
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

It is also on the California Association of REALTORS website too.   Yes, interested to see how this turns out.   

Sep 07, 2016 11:46 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

We do not practice dual agency where I represent the buyer and seller. It is very common for a listing agent in a company to have a buyer broker from the same company represent the buyer. It is disclosed when making a showing appointment and again when the offer is out in writing. Not allowing this would shake the industry upside down for buyer agents. 

Sep 07, 2016 10:54 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Thanks.

Sep 07, 2016 10:54 PM
Rainmaker
7,863,525
Roy Kelley
Retired - Gaithersburg, MD

No. I am not following this article.

Sep 07, 2016 10:38 PM
Rainmaker
5,239,955
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Will view it. I like following the agency law in several states. Goes to prove politicians have no clue on what they vote for!

Sep 07, 2016 10:35 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Margaret.  Since I'm not a subscriber to Inman, I can't access this article.

Sep 07, 2016 10:15 PM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

That is a huge deal for Arizona

Sep 07, 2016 10:02 PM
Rainmaker
5,112,776
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I haven't till now, but will start. Thanks for the heads-up.

Sep 07, 2016 09:53 PM
Rainmaker
1,157,791
FN LN
Toronto, ON

No.  It has no relevance to my jurisdiction.

Sep 07, 2016 08:54 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

have not been

Sep 07, 2016 08:50 PM
Ambassador
5,254,055
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Yet another great reason to have your homes professionally measured prior to listing it.  Had the agent paid a professional for that one small (and inexpensive) task, he could have saved this incident from ever happening at all.

I have an issue with both dual agency and the government being involved in too many aspects of our lives!  I anxiously await the decision as I'm sure all broker/owners do!

Sep 07, 2016 01:31 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Thanks for the heads up Margaret.  A

Sep 07, 2016 12:17 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Once again government meddling getting in the way of business

Sep 07, 2016 11:30 AM
Rainmaker
637,484
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Don't know if Dual Agency is even the issue here, but is turning into the result possibly of abolishing dual agency within a brokerage.

And then you have dual agency where one agent handles both sides, and each side agrees to it. And that works.

I guess in a brokerage, when two different agents each handle either the buyer or the seller, the clients never know they are technically in a "dual agency" relationship? And don't sign off on it? Well, that's a problem that does need fixing.

Sep 07, 2016 11:06 AM
Ambassador
5,060,554
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Oh you bet. There is plenty of discussion and there will be more.  The issue is around brokerage dual agency, and duties owed by both agents toward buyer and seller, and a matter that could have a huge impact here depending on the results of the hearing, today I believe.

Here's another Inman link on the story

 

Sep 07, 2016 10:50 AM
Rainmaker
1,847,011
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

This is not going to be good for CA agents but hopefully it will not spread eastward.

Sep 07, 2016 08:53 AM