Perks of Dual Agency - LuxuryBigIsland.com

KAMUELA, Hawaii - July 8, 2014 - PRLog -- The real estate industry is home to different kinds of agents. There are seller’s agents, buyer’s agents, and transaction agents. Each of these represents an agent for the three main parts of a real estate transaction – selling, buying, and that which goes in between.

The problem with having multiple agents in the mix, however, is that it is prone to miscommunication and misinterpretation that ultimately leads to delays in the transaction. This is the reason why dual agency can be the smarter option for conducting a real estate deal.

Dual agents represent both the seller and the buyer. It is a great balancing act that requires the agent to not exercise bias towards either of his two clients.

Because a dual agent also acts as the representative of the seller, he is able to give you, the buyer, the most accurate information about the property of interest. The agent is also privy to information on potential competing offers and is able to give advice on how you can best compete while still protecting your best interests.

Having a shared agent also means that you have access to the same comparable sales data given to the seller. This gives you an insight on factors taken into account when determining the value of the property.

Most importantly, dual agents are required to abide by the rules of fairness and honesty. While agents are obliged to disclose information pertaining to the property, they are prohibited from disclosing confidential information about the seller or the buyer including the client’s negotiability.

At the end of the day, a buyer should choose an agent based on character and integrity. It is critical to choose an agent who inspires professionalism and trust.

If you are looking for investment opportunities in real estate, especially on the Big Island of Hawaii, get in touch with topnotch luxury real estate agent Harold Clarke. He is a true professional agent who will engage with you honestly and with integrity. He owns Windermere/C and H Properties and is the founder of LuxuryBigIsland.com.

Harold Clarke (http://www.linkedin.com/company/luxury-big-island) has acted as a dual agent on 25% of his total sales transactions or on 1 out of every 4.  “The real estate transaction is more seamless, quicker and less frustrating when one broker handles both sides of the transaction”, says Harold.   Contact Harold to make your home buying or selling experience enjoyable and satisfying.

Every year since 2008, Harold has been named a Top Real Estate Producer by Hawaii Business Magazine, which also put him in the Hawaii Business Magazine's Top 100 Realtors Hall of Fame. Harold is personally invested in the needs of his clients, working aggressively on behalf of each and every one. He always goes the extra mile, and he does absolutely everything within his power to find exactly what they desire.  Please call him at (808) 443-1320 (tel:%28808%29%20443-1320) or email Harold@LuxuryBigIsland.com today.