{"id":658,"date":"2006-11-19T10:21:58","date_gmt":"2006-11-19T17:21:58","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=658"},"modified":"2006-11-19T10:24:12","modified_gmt":"2006-11-19T17:24:12","slug":"dual-agency-smack-down-if-being-a-big-brokerage-is-an-inherent-agency-violation-its-not-the-clients-fault","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/658\/dual-agency-smack-down-if-being-a-big-brokerage-is-an-inherent-agency-violation-its-not-the-clients-fault\/","title":{"rendered":"Dual Agency Smack-Down: If being a big brokerage is an inherent agency violation, it’s not the client’s fault . . ."},"content":{"rendered":"

Please. Recognize that everything I say or write is true and do not argue with me. Thanks!<\/p><\/blockquote>\n

Hi! Welcome to BloodhoundBlog. My name is Greg Swann. I question everything. \ud83d\ude09<\/p>\n

From my point of view, we’re still not getting any traction<\/a>.<\/p>\n

But single agency is not a viable business model.  Period.  A viable business model is one that would allow for unfettered growth (as long as it was filling a need to the consumer) and single agency is not possible if a company grows.<\/p><\/blockquote>\n

Without intending to quibble, agency is not about the vendor, his business model or its potential for growth. Agency is about the interests of the client, which are paramount to all others. If a particular business model violates agency, then, as Russell argues very cogently with respect to Redfin.com, it is criminal in se<\/i> in states where agency is a fiduciary obligation.<\/p>\n

There are about 925 agents with John Hall & Associates.  It would be quite stupid to preclude them from showing a listing so the seller (and buyer) gets the “benefit” of single agency.<\/p><\/blockquote>\n

This is not an argument against<\/i> dual agency. It is an argument for<\/i> getting rid of the broker\/salesperson licensing laws<\/a>. If we did that, then every listing agent would be alike unto a self-employed broker now. Dual Agency would still be possible, but it would be much easier to manage, since it could only occur when the agent represented buyers to his own listings. Major brokerages like John Hall could easily transition to affiliations or companies, instead — same cost structure, but no liability. We would still have to police for other forms of collusion or shady dealing, but Dual Agency would be all but eliminated.<\/p>\n

In any case, arguing that refraining from Dual Agency would be impractical is not a persuasively-valid reason to uphold or reject it. As before: Sub-Agency was much<\/i> more practical than Buyer Brokerage, but we got rid of it anyway.<\/p>\n

The idea that the agent somehow controls what a buyer will pay and what a seller will accept only indicates a disconnect from reality.<\/p><\/blockquote>\n

I think this is a very weak argument. I want to deal Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Please. Recognize that everything I say or write is true and do not argue with me. Thanks! Hi! Welcome to BloodhoundBlog. My name is Greg Swann. I question everything. \ud83d\ude09 From my point of view, we’re still not getting any traction. But single agency is not a viable business model.  Period.  A viable business model […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11,8,6,5],"tags":[],"class_list":{"0":"post-658","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-dual-agency","7":"category-investment","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":656,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/656\/more-endless-agency-via-the-smack-down\/","url_meta":{"origin":658,"position":0},"title":"Dual Agency Smack-Down: More endless agency","author":"Russell Shaw","date":"November 19, 2006","format":false,"excerpt":"First, as much as Jeff and I genuinely like Greg and appreciate his having us here in his cyber home - he is simply wrong-headed about all this agency stuff. I don't believe that Jeff is an angel and I know I'm not. But single agency is not a viable\u2026","rel":"","context":"In "Dual Agency"","block_context":{"text":"Dual Agency","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dual-agency\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":662,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/662\/dual-agency-smack-down-how-about-sub-agency\/","url_meta":{"origin":658,"position":1},"title":"Dual Agency Smack-Down, how about sub-agency?","author":"Russell Shaw","date":"November 20, 2006","format":false,"excerpt":"It has been said that democracy is the worst form of government except all the others that have been tried. - Sir Winston Churchill Thank you to Jeff for responding SO well to Greg's points and issues. I do understand Greg's points and in a perfect world - almost everything\u2026","rel":"","context":"In "Dual Agency"","block_context":{"text":"Dual Agency","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dual-agency\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7197,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/7197\/dual-agency-debated-outside-of-the-echo-chamber\/","url_meta":{"origin":658,"position":2},"title":"Dual Agency Debated Outside of the Echo Chamber","author":"John Rowles","date":"February 27, 2009","format":false,"excerpt":"Google News plopped a link to a Blog post on SFGate.com (The San Francisco Chronicle's Web site) about dual agency in front of me today. It's always interesting to see a discussion about what Greg calls \"...the insane way we compensate buyer\u2019s agents in the residential real estate market\" in\u2026","rel":"","context":"In "Carnival of Real Estate"","block_context":{"text":"Carnival of Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/carnival-of-real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11365,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11365\/i-like-dual-agency-so-much-that-im-writing-a-commercial-for-it-and-you-can-help\/","url_meta":{"origin":658,"position":3},"title":"I like dual agency so much that I’m writing a commercial for it — and you can help!","author":"Greg Swann","date":"February 22, 2010","format":false,"excerpt":"Okay, I don't like dual agency. The more I've thought about it, over the years, the more I see that it cannot possibly done in a manner that it is actually fair to both parties. And that ignores the perceptions of the principals. The one little bit of glue holding\u2026","rel":"","context":"In "Dual Agency"","block_context":{"text":"Dual Agency","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/dual-agency\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":670,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/670\/dual-agency-smack-down-the-renet-smacks-back\/","url_meta":{"origin":658,"position":4},"title":"Dual Agency Smack-Down: The RE.net smacks back . . .","author":"Greg Swann","date":"November 21, 2006","format":false,"excerpt":"Here are some weblogs addressing the Dual Agency Smack-Down from their own points of view: Whenever we talk about Dual Agency, the most fascinating remarks to me come from Christine Forgione at NY Houses 4 Sale. Because they're still working from sub-agency, we look like aliens to each other. More\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":360,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/360\/dual-agency-duel-across-the-deserts\/","url_meta":{"origin":658,"position":5},"title":"Dual agency duel across the deserts . . .","author":"Greg Swann","date":"September 21, 2006","format":false,"excerpt":"Dual agency: Pro versus Con. Technorati Tags: blogging, dual agency, real estate, real estate marketing","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=658"}],"version-history":[{"count":0,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/658\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}