No, that would be a conflict of interest and we would never do that.
Yes and no.
Yes, in some respects. An escrow company helps protect both the buyer and seller. This is by making sure all documents are signed and recorded and money is wired before the deal can close. A title company insures what you’re buying is correct and clear on the legal documents before being recorded. An appraiser helps protect both the bank and home buyer from over valuing a home. A home inspector points out home deficiencies so the buyer is informed.
However, as it relates to the consumer protection service Spotter+™ provides, no. But, there should be!
The practice of industry gamesmanship is not illegal or necessarily unethical. However, when consumers (home sellers or buyers) rely almost completely on their real estate agent for advice, a highly experienced agent can frame a situation in a certain way such as “manufacturing urgency” to get their client to agree to something quickly that they may not otherwise. By using Spotter+™ by ShieldMyDeal™, this is less likely to happen or go unnoticed.
Founder Brian O’Laughlin has been involved in hundreds of real estate transactions from a unique vantage point. One where he could see unsuspecting home sellers and buyers settling for less than they otherwise would if they had a more well-rounded understanding of their options. ShieldMyDeal™ was born from Brian’s passion to help protect consumers in possibly one of the largest buying or selling decisions of their lives!
ShieldMyDeal™ Direct Offer with Spotter+™ is free for our buyer clients
We typically receive a fee from an agent’s broker after the close of escrow for introducing a client that closed a transaction with them.
Home buying can be tricky business with many possible pitfalls. You need expertise and the right offer strategy to help you get the best deal.
Therefore, if you cut out the buyer agent middleman to help get your offer accepted or save more money you would be creating a “dual-agency” situation. You need Spotter+ Protection™ to help shield your personal best interests and help avoid getting taken advantage of.
No, wait until you have spoken with us first. You want to take advantage of our superior direct offer service or even be eligible for Spotter+ Protection™ through our traditional in-network buyer agent service.
Dual-Agency is basically when one agent handles both the buyer and seller in a transaction. This means the buyer will not have representation in their personal best interest. The agent is simply acting as a go-between for the two parties.
Under this situation, you as the buyer are potentially vulnerable of predatory practices in dual-agency that can lead you to being taken advantage of without even knowing it. But, that’s why you want to be sure to have Spotter+ Protection™!