It Is a Risk for Real Estate Agents to Represent Both the Seller and Buyer
It is shockingly not uncommon in Pennsylvania for a real estate agent and broker to represent both the seller and the buyer in the consummation of the same residential real estate transaction.
April 06, 2020 at 11:49 AM
8 minute read
Alan Nochumson.From my perspective, it is difficult for that real estate agent and broker to zealously represent these competing interests. What is good for the seller may not be good for the buyer, and vice versa.
In Antantis v. Kolarosky, 2020 Pa. Super. Unpub. LEXIS 878 (March 11, 2020), the Pennsylvania Superior Court recently upheld a jury verdict entered in favor of a disgruntled married couple against their real estate agent and broker (who also represented the seller during the real estate transaction) after they experienced significant issues with the property they purchased after closing took place.
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