
The Hidden Dangers of Caribbean Double-Dealing
Beware of “Double-Agents” when buying Caribbean Property!
A Dual-Agency comes with Many Hidden Costs &
Limited Benefits
“Dual Agency” occurs when one Real Estate Agent represents both the Buyer and Vendor in a real estate transaction, also known as “double-dipping”. It can create problems, Conflicts of Interest, and result in additional costs to the Buyer.
A Conflict-of-Interest is unavoidable. At some point, the interests of the Vendor and Buyer always diverge. Dual Agents tend to favour Vendors, because higher sales prices will imply more commission income.