No Conflict of Interest
You would never go to a lawyer whose firm represents both sides of a deal or lawsuit.
There is a potential for conflict any time a broker or even two brokers from the same firm, represent both the landlord and the tenant, in the same deal. And yet that is what happens in most real estate transactions. At TREA, we know that your opportunity for the best deal will be when you are well represented by a separate party. By only representing tenants, you can rest assured that we have your best interest in mind.
For Example
Who's looking out for your interests?
If you were being sued by another party, they would have an attorney prepare and bring the lawsuit against you. Naturally, you'd find a well qualified attorney to represent you and your best interest. Your attorney would fight for your rights and position. It would be ill advised to have the same attorney represent both parties. Unfortunately, there are plenty of incidents in lease or purchase negotiations where both parties are represented by the same broker. How can that broker represent both parties while serving the fiduciary responsibilities of both parties?
Lesson: It is best to be represented by a broker that has only your best interest in mind and specializes in tenant representation.
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