Mexico City agent wants to represent both sides of an MX$11,880,000 offer

[cyclesAndGarden]

We received an early offer of around MX$11,880,000 on our Mexico City property. The speed is appealing, but the listing agent now says they can also represent the buyer.

Before considering that, I want to understand how our negotiating position and confidential information would be protected. I’m also unclear whether “the agent” means the same named contact or merely someone else at the brokerage. If this arrangement is permitted locally, what conflict disclosure, role limits, fee terms and offer-handling procedures would you want in writing? I’m looking for the downside rather than general reassurance about the market.

 

[able_echo]

First establish whether this is true dual representation or two people at the same brokerage. Either way, I would want written confirmation of whom the named contact advises, what information cannot be shared, how later offers will reach you, and whether either side can move to independent representation without disrupting the transaction. Have a Mexico City lawyer assess the wording and whether informed consent is sufficient in your circumstances.

 

[gate.strong]

What does “early” mean here? Had the property received full marketing and the agreed photography, or did this buyer appear before that happened? A quick offer may be good, but without market exposure you have less information for judging MX$11,880,000.

 

[GoodSignal]

I wouldn’t reject it automatically. Separate agents do not guarantee forceful negotiation, while a clearly limited intermediary role might be workable. The bigger issue is whether this person still claims to advise both sides on price and terms. That sounds much harder to reconcile than simply coordinating paperwork.

Also ask how the fee basis changes, if at all, and who verifies the buyer’s ability to complete. Speed means little if qualification is vague.

 

[RaviLowe]

One practical test: ask the agent what they would do if the buyer requested your lowest acceptable price. Then ask what they would tell you if the buyer privately disclosed their maximum. The written answer should expose whether “confidential” has any real meaning here.

 

[TheoLee]

I’d separate the offer from the representation proposal. You can take the MX$11,880,000 offer seriously without accepting the same representation structure.

Before signing anything, request a short written process covering conflict disclosure, confidential information, presentation of competing or revised offers, buyer qualification, response times and who supports the file if this buyer falls through. Include the fee basis and the named person responsible to you. If the answers remain broad—especially on price advice—independent representation is probably worth the extra coordination. The early offer should not create an artificial deadline for agreeing to a conflict arrangement.