Navigating the New York City real estate market is complex—especially when you’re buying or selling high-value property. One concept that deserves special attention is dual agency, a practice that may sound convenient on the surface but often leads to serious drawbacks for both buyers and sellers.

What Is Dual Agency?

Dual agency occurs when one real estate agent represents both the buyer and the seller in the same transaction. While this setup may appear efficient, it introduces a fundamental conflict of interest.

Following the 2024 changes to buyer agent compensation, more buyers are entering the market without dedicated representation. This shift is driving an increase in dual agency scenarios—often at the buyer’s expense.

Why Dual Agency Puts You at a Disadvantage

In luxury real estate, every negotiation matters. Whether you’re buying a Fifth Avenue co-op or selling a TriBeCa loft, you need an expert whose loyalty is 100% to you. Here’s why dual agency doesn’t work:

• Compromised Negotiations: An agent cannot fully advocate for both sides. Negotiation strength is diluted, which can impact the final sale price.
  
• Lack of Fiduciary Duty: Without a dedicated representative, neither party gets the full benefit of loyalty, confidentiality, and undivided advocacy.
  
• Transparency Concerns: Dual agency blurs the lines of trust. When large investments are on the line, clarity and integrity matter.

My Approach: No Dual Agency, Finding Solutions so Both Parties are Protected

As a top-producing Compass real estate agent in New York City, I make one thing crystal clear: I do not practice dual agency. When I represent a seller, I represent the seller—period. I inform buyers upfront that my fiduciary duty lies solely with my client, ensuring full transparency and ethical alignment throughout the transaction.

Your Best Move? Secure Independent Representation

Whether you’re a buyer exploring Manhattan condos or a seller preparing a Central Park West listing, don’t go it alone—and certainly don’t share your agent.

Secure independent representation to avoid costly mistakes and make empowered, strategic decisions in one of the most competitive real estate markets in the world.

Looking for trusted guidance in NYC’s luxury real estate market?

Let’s talk. Contact me today for expert representation and smart, confident real estate moves.