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Hustle Humbly Podcast

170: The Do's and Don'ts of Dual Agency

Hustle Humbly Podcast

Alissa Jenkins & Katy Caldwell

Entrepreneurship, Business

4.9916 Ratings

🗓️ 7 November 2022

⏱️ 50 minutes

🧾️ Download transcript

Summary

Dual agency is one of the most debated topics in real estate—and for good reason. In this episode, we're breaking down the do's and don'ts of dual agency, sharing real experiences, and helping you decide whether it's something you should (or shouldn't) do in your business.

From legal considerations to ethical dilemmas, dual agency requires a high level of professionalism, confidence, and communication. While it can streamline a transaction, it also comes with serious risks if not handled properly.

We're sharing both sides—why some agents love it, why others avoid it completely, and what you need to know before ever stepping into a dual agency situation.

Here's what we cover:

-What dual agency actually means (and how it varies by state)  
-States where dual agency is illegal vs. allowed with disclosure  
-The pros and cons of representing both buyer and seller  
-Why dual agency can damage your reputation if handled poorly  
-How to stay neutral and ethical during negotiations  
-What you legally can and cannot say to each party  
-Why confidence and experience matter in dual agency  
-Situations where dual agency works well (and when it doesn't)  
-Handling multiple offers when you're the dual agent  
-Why over-communication is critical to avoid misunderstandings  
-How dual agency can create smoother transactions (when done right)  
-Real stories of dual agency deals—good, bad, and surprising  
-Why some agents choose to never do dual agency again  
-How to protect your clients—and yourself—through transparency  

Dual agency isn't for everyone. But if you choose to do it, doing it ethically and correctly is non-negotiable.

Resources & Mentions:

-Join the Hustle Humbly Community  

Leave us a review at http://ratethispodcast.com/hustlehumbly  

Submit your topic ideas and toasts to Team@HustleHumblyPodcast.com  

Music:  
Straight A's by Connor Price  
The Good Life by Summer Kennedy  
Be The One by Matrika

Transcript

Click on a timestamp to play from that location

0:00.0

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0:27.5

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0:32.5

That's hustle humblypodcast.com slash deals.

0:45.4

Because ultimately, this is like, who's your favorite kid?

0:47.0

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0:49.2

I'm like, it's so easy.

0:50.4

You love them both.

0:53.1

They're out there, guys.

0:54.9

They do not listen to Hustle Humbly.

0:55.6

No, they don't.

1:01.0

You can really ruin your reputation doing dual agency.

1:01.5

Yeah.

1:03.0

If you do it the wrong way.

1:03.3

Right.

1:04.6

If you do it the wrong way.

1:07.8

Maybe work with yourself.

...

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