2007-02-26 05:07:09 · 4 answers · asked by Britta G 1 in Business & Finance ➔ Renting & Real Estate
For your sake, I would STRONGLY recommend consulting an attorney, at the very least. Because you're the buyer, you have a lot more at risk in a real estate transaction than the other party. In some states, any exchange of real estate REQUIRES the presence of an attorney at some point during the settlement.
You can't require a seller to use a real estate agent, since the seller usually pays commission fees, but maybe the seller would agree to pay a discounted commission so that you can be represented by a real estate agent. If the seller isn't willing to do this, I'm not sure I would proceed with the purchase. It may be that the seller just doesn't want to spend the money--but, what if the seller is trying to rip you off? How would you know?
I would always urge a buyer to find a qualified professional to represent them in such significant financial commitments.
2007-02-26 07:36:26 · answer #1 · answered by indiana_darlin 2 · 0⤊ 0⤋
If you aren't using a Buyer's Agent's Free services and you're not consulting an attorney - prepared to be sued or worse! Why would you even consider not using the FREE services of a Buyer's Agent? It's like going to court over and representing yourself! Buyer's agents are paid a commission by the seller. Many FSBO's will offer 3% buyers commission,and if they aren't, most agents will be willing to advise you anyway. Do yourself a favor - Hire a Buyer's Agent. It's FREE and it will ensure you're legally protected and that your interests are protected.
2007-03-02 04:08:39 · answer #2 · answered by Anonymous · 0⤊ 0⤋
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2016-11-26 00:21:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Your crazy. why would you make such a huge purchase in your life without guidance?
At the very least hire a lawyer. being cheap in this situation will only cost you more in the long run. Trust me.
RE Agent,
Remax
2007-02-26 12:23:43 · answer #4 · answered by frankie b 5 · 0⤊ 0⤋