Can a buyer work with multiple real estate agents?

Too many cooks spoil the broth. Working with too many people at the same time can cloud the waters and make things complicated. What if they both find you the same property, who gets the commission and completes the sale?  However, what if the one that you are working with is showing you properties that you really do not like?

A real estate agent is helping you look for a new house, but what if none of the properties you’ve seen so far has piqued your interest, or been the right size, or in the right area? A real estate agent needs to know their clients and know the location. The better that they can match their clients to their dream house, the better an agent they will be. 

Real estate agents aren’t the only ones who enjoy a little friendly competition. These people feel that if you work with more than one agent, you’ll be able to look at more properties. Is it legal—or even ethical—to work with more than one agent? 

We carried out research to see if working with many Realtors or real estate agents is a good idea for speeding up your property hunt. This leads us to ask if you, if, as a buyer, you have the option of working with multiple realtors? 

As long as buyers don’t have an exclusive contractual agreement with an agent, purchasers can engage with several agents. Buyer’s broker agreement or buyer representation agreement is by far the most common term for this type of relationship. Here, the buyer agrees to focus on a single realtor and buy a home through the realtor. Realtors and agents will inquire as to whether a buyer is working with another agent, and if they really are, they will not collaborate with them. 

Due to the fact that real estate agents work on commission, agents are at stake of not getting compensated for their efforts. In order to ensure that their clients only use their assistance, many agents may insist that potential clients sign a buyer’s agent agreement. Moreover, an ethical code and mutual trust are essential in this situation. Hence, the aforementioned agreements prevent purchasers and agents from employing unethical techniques to take advantage of other agents, preventing them from receiving compensation for the work they have done. 

Nevertheless, All this is in your best interest to do your research work and to choose one realtor who meets your expectations.