The seller typically pays 5 to 6 percent of the sale price as commission, which is split between the listing broker and selling broker. Clearly, some agents will be motivated to represent both sides of the transaction and earn the entire commission. In a dual-agency scenario, there is a concern the agent might encourage the seller to accept a lower price for a home to get the double commission.
The dual agent is placed in a precarious position, attempting to balance the interests of the buyer, the seller and their own interest in a transaction. Many states allow dual-agency relationships, in which the agent represents and has a fiduciary duty to both the buyer and seller. Washington state allows dual-agency. Notwithstanding any other provision of this chapter, a licensee may act as a dual agent only with the written consent of both parties to the transaction.
Researchers analyzed sales in which one agent represented both buyer and seller. In our tight housing market, with buyers facing bidding-wars, some buyers are incentivizing agents by offering them the opportunity to represent them as well as the seller. Buyers presume that this will motivate the agent to promote their offer. While a dual-agency arrangement may appear to give a buyer the edge in some circumstances, I advise a homebuyer to avoid dual-agency if at all possible.
Dual-agency jeopardizes the rights of the buyer and the seller, and few agents are skilled enough to manage a dual-agency transaction without favoring one party over another.
Having a skilled agent working for you will result in a better outcome. Posted on November 27, by admin. Authors can quickly and easily transfer their research from a Partner Journal to Heliyon without the need to edit, reformat or resubmit.
Authors submitting their research article to this journal are encouraged to deposit research data in a relevant data repository and cite and link to this dataset in their article. If this is not possible, authors are encouraged to make a statement explaining why research data cannot be shared. There are several ways you can share your data when you publish with Elsevier, which help you get credit for your work and make your data accessible and discoverable for your peers.
Find out more in the Guide for Authors. More information on Research Data Guidelines. Home Journals Journal of Housing Economics. Journal of Housing Economics. Submit Your Paper Enter your login details below. Username Password I forgot my password Register new account. Track Your Paper Check submitted paper Due to migration of article submission systems, please check the status of your submitted manuscript in the relevant system below: Username Password I forgot my password.
Track accepted paper Once production of your article has started, you can track the status of your article via Track Your Accepted Article. Order Journal Personal subscription Institutional subscription.
CiteScore values are based on citation counts in a given year e. More about CiteScore Impact Factor: View More on Journal Insights. Your Research Data Share your research data Visualize your data.
Publishing your article with us has many benefits, such as having access to a personal dashboard: This free service is available to anyone who has published and whose publication is in Scopus. Researcher Academy Author Services Try out personalized alert features. A cross-country perspective Eugenio Cerutti Jihad Dagher View All Most Downloaded Articles. Ethnic and gender discrimination in the rental housing market: Evidence from a meta-analysis of correspondence tests, — Alexandre Flage The value of community: Intra-school district capitalization of property tax rates Mitchell R.
About the Journal of Real Estate Research The American Real Estate Society's flagship journal, the Journal of Real Estate Research (JRER), provides valuable insight into issues in real estate for practitioners and academics alike.
Editorial Policy and Submission Guidelines. Journal Objectives. The Journal of Real Estate Research (JRER) is an official publication of the American Real Estate Society (ARES). JRER is committed to publishing the highest quality analytical, empirical and clinical research that is useful to business decision-makers in the fields of real estate development, economics, finance, investment, law, management, .
Past Issues of the Journal of Real Estate Research We have placed online, in Adobe portable document format, the full texts of all past articles printed in the Journal of Real Estate Research. - indicates the full text of articles in an issue are available for download. The Journal of Real Estate Research (JRER) is the official publication of the American Real Estate Society (ARES). Our Journal's focus is to investigate and expand the frontiers of knowledge that cover business decision-making applications through scholarly real estate research.
Journal of Real Estate Research (J REAL ESTATE RES)Journal description. The Journal of Real Estate Research is the official publication of the American Real Estate Society (ARES). Our Journal's focus is to investigate and expand the frontiers of knowledge that cover business decision-making applications through scholarly real estate research. The Journal of Real Estate Research is the official publication of the American Real Estate Society. The focus of the Journal is to investigate and expand the frontiers of knowledge that cover business decision making applications or scholarly real estate research.