Nat Wallen, Founder of the BellaRuby Free Real Estate CRM (BellaRuby LLC)

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Rainmaker
1,346,119
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Been there.

Write them both up, one offer is always different than the other because every buyer and their abilities are different. Keep the one not chosen as a backup. If that makes you uncomfortable, refer one of the buyers to your buyers agent or a trusted agent in your office so you can earn a referral fee.

May 26, 2017 04:14 AM
Rainmaker
577,339
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

I write them both up, providing them with honesty and fairness,  and do not disclose anything confidential to either party. But before I write any offer, I MUST disclose they are in competition with another offer, which is mine.  It is also written in the Agreement which all parties sign.  I do not treat them as clients but rather customers.  My client is the Seller.  

May 26, 2017 04:39 AM
Rainmaker
3,070,784
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

We avoid that situation...

May 26, 2017 04:57 AM
Ambassador
2,604,443
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Dual Agency is illegal in Florida.

     If I have two buyers for my listing, I would have no representation with them, and would give them the required statutory disclosure stating that.  There is nothing illegal or wrong with me having two customers for my product.

 

May 26, 2017 07:01 AM
Rainmaker
1,759,139
Lyn Sims
Schaumburg, IL
Real Estate Agent Retired

Great answer from Thomas J. Nelson, Realtor, CRS 

May 26, 2017 04:52 AM
Rainmaker
4,298,366
Richard Weeks
Dallas, TX
REALTOR®, Broker

That situation is covered in our buyers rep agreement; therefore, buyers are aware this could happen.

May 26, 2017 04:37 AM
Rainmaker
940,823
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

As Fred Griffin states, in Florida we work for the contract

May 26, 2017 07:21 PM
Rainmaker
2,099,747
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I don't.

May 26, 2017 02:55 PM
Ambassador
3,145,204
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I would not. I would not even with one buyer.  I would refer that buyer to a trusted fellow AR agent in my area. 

May 26, 2017 07:23 AM
Ambassador
4,721,167
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hasn't come up but would do what Thomas J. Nelson, Realtor, CRS said

May 26, 2017 07:21 AM
Rainmaker
5,767,371
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Nat,

I real like what Gloria Valvasori, ASA said.  Our contract in commercial real estate disclosed that right at the top.  Then we presented it, and the seller made the decision.  A

May 26, 2017 06:47 AM
Ambassador
1,874,154
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Personally, I would probably refer both buyers out to two different agents and avoid any possibility of a conflict of interest.  

May 26, 2017 06:42 AM
Rainmaker
2,683,552
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If they meet my criteria...then I let the seller make the final or I am open to any suggestions...Whatever I do, it is fun and fair based

May 26, 2017 06:26 AM
Rainmaker
1,466,027
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Nat Wallen Disclose, disclose, disclose! Then write up the offers and present them in the order received.

May 26, 2017 06:22 AM
Rainmaker
938,105
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Our BBA advises that we might represent the seller and/or have other buyers for the same property. Absent BBA, we advise the same. And a Consent To Limited Dual Agency agreement is also completed. If a buyer is uncomfortable with that, they're welcome to use a different agent. We have to advise regardless whether the buyer may not be able to close or whether the seller may not be able to close. It's state law. And everybody understands that we can't disclose what someone will take or what someone's willing to pay if it's different from what's on the paper. Outside of a couple of confidentiality items, basically we write as the buyers wish, submit to seller, then do as the seller directs us to.

May 26, 2017 06:18 AM
Rainmaker
1,048,114
Doug Dawes
Keller Williams Realty Evolution - Topsfield, MA - Georgetown, MA
Your Personal Realtor®

I write both with disclosure to all to al parties. Or, I might refer one to an agent in my office.

May 26, 2017 04:25 AM
Rainmaker
5,261,301
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

We do not offer dual agency.   IF the Seller has allowed Transaction Broker, then you can write it up, other the Buyer would be a customer.

May 29, 2017 04:14 PM
Rainmaker
1,424,650
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

It has not happened to me yet, but I'd use Thomas J. Nelson, Realtor, CRS's approach.

May 27, 2017 05:04 PM
Rainmaker
4,433,809
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I would avoid the situation or have another agent write up an offer and pay her

May 27, 2017 06:11 AM
Rainmaker
4,799,651
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I wouldn't do this

May 27, 2017 05:44 AM
Ambassador
4,316,065
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Nat Wallen - disclose to each buyer that you have another buyer writing an offer on the same home.

Disclose, Disclose, Disclose.

May 26, 2017 10:03 PM
Rainer
86,514
Mike Kelly,CRS,CIPS
The MJKelly Team - Santa Rosa, CA
"One of Sonoma County's Natural Resources"

Run screaming into the night!

May 26, 2017 09:07 PM
Rainmaker
3,986,000
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

i do alot of dual and I have had 3 buyes at oe time for my listing.

I do ful disclosure and write the contract as they tell me to

May 26, 2017 08:49 PM
Ambassador
3,986,960
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

You would need to write both and let the buyers know that there is another party writing on it too. The seler will decide.

May 26, 2017 06:49 PM
Rainmaker
808,903
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Are they already clients or are they buyera that came to you for your listing? Can you write them up representing the seller and not representing the two buyers? -Kasey

May 26, 2017 06:33 PM
Rainmaker
4,325,373
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I agree with Thomas J. Nelson, Realtor, CRS ..good answer.

May 26, 2017 04:41 PM
Ambassador
1,860,652
Alan May
Jameson Sotheby's International Realty - Evanston, IL
A moving experience!

Our agency does not allow us to be a dual agent on our own listing, let alone write contemporaneous dual-agency offers on our own listing.

Yowch!

May 26, 2017 04:30 PM
Rainmaker
5,579,046
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I don't deal with many buyers or practice dual agency.... we are listing agents....

May 26, 2017 11:20 AM
Rainmaker
142,746
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

Write them both up and make sure not to share any confidential information with either party. 

May 26, 2017 09:09 AM
Rainmaker
4,430,915
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Are both those buyers also your clients? This situation is why I'm not a fan of personal dual agency. But I would write all the offers and follow all the rules in your state about dual agency as well as make sure everyone (buyers and sellers) know you are acting as a dual agent.

May 26, 2017 07:45 AM
Rainmaker
6,961,853
Roy Kelley
Retired - Gaithersburg, MD

Follow the rules and regulations in your state.

May 26, 2017 07:43 AM
Ambassador
1,616,454
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

first come first serve

May 26, 2017 06:23 AM
Rainmaker
843,962
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It has to be a) with Buyer Agency agreements and signatures from all involved: buyers, seller, broker, agent. And, with a lot of discretion, which is legally mandated. It can work, if it's legal in your state.

May 26, 2017 06:03 AM
Ambassador
5,696,016
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Talk to your broker first.

May 26, 2017 06:02 AM
Rainmaker
1,667,126
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

We do not do Dual Agency. Rather in Florida we are Transactional agents and represent all parties fairly.

May 26, 2017 05:58 AM
Rainmaker
4,507,336
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Write them both with the explanation that you are working with multiple buyers. If a party prefers separate representation offer to refer them. 

May 26, 2017 05:27 AM
Rainer
90,309
Ruth Grainger-Starr
Grainger Realty - Cripple Creek, CO
providing AWESOME real estate adventures

Normally, this never come ups. However, I told them my father would have to be their buyer agent and write the competing offer up. One perk of a father daughter office! 

May 26, 2017 05:17 AM
Rainmaker
3,376,034
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

I use a disclosure to all parties and write both offers. 

May 26, 2017 05:01 AM
Rainmaker
1,708,235
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

When there was dual agency in Oklahoma I would refer one buyer out.

May 26, 2017 04:53 AM