Is Dual Agency Right for You? Louisiana Pros & Cons Explained | RE: Real Estate Podcast

EPISODE 105 Is Dual Agency Right for You? Louisiana Pros & Cons Explained | RE: Real Estate Podcast Content Type Discussion Primary Goal Know what dual agency means under Louisiana law, what a dual agent can and cannot do for you, and when to ask for your own agent instead. Keywords dual agency Louisiana, designated agency, Louisiana Real Estate Commission, dual agency disclosure, buyer representation, listing agent, Houma real estate, Thibodaux real estate, South Louisiana homebuyers, real estate agent advocate Summary One agent, both sides of the same deal. In Louisiana that’s legal, but it has to be disclosed in writing. Ben and Clint break down how dual agency differs from Louisiana’s default of designated agency, what the Commission’s form says a dual agent still does, and what they can never share. They also get candid about how each of them handles it in practice – and why both now refer one side out. Key Topics • How a yard-sign call turns into dual agency • Louisiana’s default: designated agency, even inside the same brokerage • When written consent has to be signed • What a dual agent still does – and what’s missing from the list • What a dual agent can’t share: bottom line, top dollar, motivation • How dual agency used to work, and why Ben and Clint now refer it out • The real upside (communication) and the real downside (no advocate) • When dual agency can make sense, and when to pass • Homework: questions to ask before you sign a dual agency form Title Options • Dual Agency in Louisiana: One Agent, Both Sides? The Pros & Cons | RE: Real Estate Podcast • Should One Agent Represent Buyer and Seller in Houma? | RE: Real Estate Podcast • What Can a Dual Agent Do for You in Louisiana? | RE: Real Estate Podcast Sound Bites “Louisiana’s default is designated agency. Your agent is your agent individually.” “The only honest answer is, I can’t tell you that.” “So what am I paying you for?” “You become more of a transactional agent than an advocate.” “If you want somebody on your side, employ your own agent.” Chapters 00:00 One agent, both sides of the deal 00:32 Welcome 01:15 Today’s topic: dual agency in Louisiana 01:31 The yard-sign call 02:02 Designated agency is the default 02:27 When consent gets signed 02:43 What a dual agent still does 03:19 What a dual agent can’t share 04:13 “So what am I paying you for?” 04:17 How Ben and Clint handle dual agency 07:37 Transactional agent vs. advocate 08:04 How other states handle it 08:24 The upside: one set of facts 09:23 The downside: no advocate in your corner 10:14 When it makes sense, and when to pass 11:21 Homework: questions before you sign 12:41 Why motivation stays private 13:35 Wrap-up Resources Louisiana Law of Agency (La. R.S. 9:3891–3899): lrec.gov/laws-and-rules/law-of-agency Louisiana Real Estate Commission: lrec.gov Show Links Website: rerealestatepodcast.com YouTube:    / @rerealestatepodcast   Facebook: facebook.com/rerealestatepodcast Instagram: instagram.com/rerealestatepodcast TikTok: tiktok.com/@rerealestatepodcast Find every episode at rerealestatepodcast.com – subscribe wherever you get your podcasts. Hosts Ben Harang REALTOR® | Keller Williams Realty Bayou Partners La. License #: 36589 Mobile: 985.859.2500 | Office: 985.262.4400 ben@benharang.com | benharang.com Clint C. Galliano REALTOR® | Keller Williams Realty Bayou Partners La. License #: 995704723 Mobile: 985.647.4479 | SMS Hotline: (985) 200-5447 Office: 985.262.4400 clint.galliano@kw.com | SoLahomegroup.com Produced by: Clint Galliano | Music by: Wiggins Studios