DO I NEED ONE OR TWO REALTORS WHEN SELLING YOUR HOME DURING A DIVORCE
When selling your marital home during a divorce can you list your home with 2 two real estate agents? The answer is, yes you can. When selling your home during a divorce you have two options when it comes to agents. You can either list with one agent or you can use two agents which is called a co-listing agreement.
Using one agent might be simpler and more efficient. If both spouses can agree on matters, this could help the selling process run smoother and more streamlined. The benefits when using one agent over two is you will be dealing with only one agent, one selling style, and one communication style. Also, one agent will be your neutral mediator between both spouses, to help you both make the decisions and help with the negotiation. The agent will ensure both of you are heard, comfortable, and, respected during the selling process.
Unfortunately, not all spouses will see eye to eye or if the divorce is high conflict it may be better and more effective if each spouse has their own designated real estate agent. However, having two agents may bring a few complications and considerations.
Working with two separate agents generally means a longer selling process. From, researching to ongoing communication and negotiation among both spouses, involving another agent naturally adds more time to the sale.
It is also important to note, that when entering into a co-listing agreement, the two agents will provide their services separately. Ask the agents questions about how the co-listing will be handled. How will the agents list, market, show the property, review offers, and negotiate the sale. The listing agreement should explain the services to be included, the total commission agreed to pay, and how the commission will be divided between the two agents.