Lake Sinclair Blog

If you are thinking of purchasing lake property in Georgia, don't do it until you check out lake sinclair.

Buyers agent vs. Listing agent at Lake Sinclair

If I happen to be working with a buyer who decides they like a home I have listed I will show it to them, but if they decide to make an offer on that house that I have listed I will refer them to another agent in my office to work exclusively with them on that purchase.  I have a duty via my listing agreement to represent the seller's best interests and someone needs to represent the buyers' best interests too.

In Georgia if two agents in the same firm represent the buyer and seller respectively it's a type of dual agency referred to in our state as Designated agency.  The agent working with the seller does not communicate with the buyer and the agent working with the buyer does not communicate with the seller. Two separate files are maintained by each agent until it is close when the file is combined for our states 3 year required storage period.

Today we found out that a buyer that had been talking to one of our agents has placed a contract on a property through the listing agent.  Well good luck folks.  If you think you are getting a better deal by calling and making an offer through someone who has a contractual obligation to represent the best interests of the seller I'm here to tell you that's NOT so. Anything you say about what you are willing to "go up to" and the exact amount you are qualified to purchase is information that agent has a duty to pass along to their seller.  Chances are during the negotiations they did just that.

So if you said "we're going to start at $210,000, but we hope we can get the seller to come down to $245,000" and the seller never dropped below $245,000 you can bet that information was used against you. It's actually possible that the seller would have sold for less, but not after you spilled your "top dollar" you were willing to pay to the agent who had a legal obligation to tell their seller that information.

Single agent dual agency is legal in our state, but frankly in my opinion it's just not what SHOULD occur. It does NOT occur in our office.  I have had both sides of deal before, but it was when the buyer was knowledgeable enough in real estate matters (an agent or an attorney or an investor) to not want/desire to be treated as more than a customer and didn't "spill the beans" during negotiations. 

Agency and how it works in Georgia is always explained to buyers we are working for and they are always given the option of having a different agent show them the listing and work with them if they happen to like a home that is listed by the agent they have a relationship with at the time they decide to see a home that agent has listed.  

I'd like to understand what makes a buyer believe they are going to get a "better deal" if they are working with the listing agent.  If you happen to be a consumer who thinks this, please by all means give me some insight to why.  Email me at if you don't want to leave a public comment below.  I'd love to know.


706-485-9668  us on facebook

Follow me on Google Plus for more information about Lake Sinclair and surrounding area news and events

(Click on Lane Realty Logo for web site)

Tammy Lankford, Broker/Owner


Broker License # 169695  Lane Realty License # H-11420

Call me today for all your Lake Sinclair real estate needs.

Subscribe to my Blog here!


We always have water at lake sinclair Lake Sinclair stays full even during droughts.  Click to read why and how.

 Search for homes on Lake Sinclair now

For readers who are not members of ActiveRain feel free to also add your comments or you can click on the EMAIL me link to the right of this blog and email me.  Thanks for reading.

All content belongs to me unless otherwise stated.  Do not use without permission.  Logos and photographs may also be copyright registered. Please do not use without my express written permission.



11 commentsTammy Lankford • August 20 2014 12:26PM
Buyers agent vs. Listing agent at Lake Sinclair
If I happen to be working with a buyer who decides they like a home I have listed I will show it to them, but if they decide to make an offer on that house that I have listed I will refer them to another agent in my office to work exclusively with… more
Reduced listing in beautiful Lakewood Subdivision on Rooty Creek
Lovely and well maintained modified A-frame for $299, 900. 3 Bedrooms 2 Baths wrap around deck paved drive fireplace in greatroom level lot great view good water boathouse with lift dock seawall low HOA fees Nicely… more
YOUR lender isn't returning my calls, please use my lender
When a buyer comes to us with "we already have a loan officer" I always have reservations if I've not successfully worked with that lender before. Then begin the red flags… pre-approval not in writing loan officer on vacation when buyers… more
You'll need 20% down to buy a second home on Lake Sinclair
Buying a second home isn't like buying a home you plan to live in. When you are buying a home you plan to live in more loans are available. USDA, VA, FHA are all loans that are only given to people for their primary residence. When you are… more
Let me explain about those homes you can find on our website…
When you visit our website you will find lots of listings. With the right search you can find every active listing in our Multiple Listing Service. All the local brokers put all of our listings into this service where we share the information about… more
Buyers can choose the attorney, must be approved by lender
In many Georgia foreclosure sales the seller has an attorney and tries to make the buyer use their closing attorney. I've had attorney offices argue with me about my buyer not being "allowed" to use their own attorney. They even tried to.. more
Rentals on Lake Sinclair… where to find them
Lane Realty does NOT do property managment, but lots of times we have buyer clients who want to come "check out" Lake Sinclair for a week or weekend to decide if this is the lake for them, so we certainly do point those clients in the right… more
Reduced lake home on Sinclair 4 Bedrooms, 3 full baths $349, 900.
It's a fabulous home on Lake Sinclair with a lot to offer: over-sized garage double boathouse deck porch dock seawall gameroom paved drive with gate wonderful landscaping Master suite on main level covered porch fenced area… more
We really wish we had listened about using a lender you recommended
I'm NOT going to include the loan officer's name or even the big banks name in this email. But I wanted to share a recent email from clients. They were supposed to close the next morning after the day this email arrived. They extended a week and… more
Lake Sinclair homes with garages… we have some of those
We're in the south and not all homes have garages. Our winters are mild and many folks just leave their cars in the driveway or have open carports attached for detached. But sometimes buyers WANT a garage and don't want to consider buying a home… more