Blog Stories All In The Family

All In The Family

By Drew Burchette, July 13, 2018

I embarked on a home search with Melissa and Micah a few months ago. We looked at a handful of properties in Beaverton and SW Portland; most of them left much to be desired. Cute house adjacent to a busy street, junker on a nice street, or combination thereof; you know the drill. It so happened that one their parents owned a rental in the area that they were about ready to off-load. After seeing what was out there, purchasing the rental became a really appealing option.

Dual agency is legal in Oregon. That is where one real estate broker represents both buyer and seller in the same transaction. I think that it is not a good business practice in general and, in most situations, it is unethical. BUT in this instance, I knew that it would make the entire home sale process easier for all parties involved. By representing both parties (in this case the parents and the kids) I was able to give advice to the sellers when delivering transactional documents. The alternative would have been to send them legal documents with no context or explanation. That is how it goes in most FSBO sales: the sellers are on their own to negotiate terms and navigate the home sale transaction.

In this case both buyer and seller had fair representation and we ended up having a really smooth transaction that was truly a win-win for everyone!

Drew Burchette

Principal Broker

I arrived in the real estate business over a decade ago and have since helped scores of people buy and sell their homes. The groundswell that I created in my practice is rooted in the relationships that I have nurtured over the years. My style is educational, and I see myself as the coach and leader of your real estate transaction. My coaching is geared towards empowering you to make informed decisions that will lead to your best possible outcome. I excel at asking the questions that get to the heart of the matter which in turn enables a smooth sale process. Away from the office I am passionate about so many things, but it all begins and ends with my family. My boys are both in elementary school and parenting is an ongoing challenge and joy for my wife and I. We love to travel around Oregon, the East Coast, Mexico and beyond. My passion for surfing, kiteboarding, and fishing help to keep me grounded in life. Read more reviews
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  • T: 503-490-6912
  • F: 503-961-8224
  • drew@livingroomre.com

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