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An agent has an exclusive on the property right now and i need to find out when it expires.

Thanks

2007-04-23 17:30:24 · 7 answers · asked by Jakesquestion 1 in Business & Finance Renting & Real Estate

7 answers

if you were a member of the multiple listing service that services that area, you'd sort of be able to figure out when the listing expires. do you know that almost all "expired" listings did in fact sell but that the database isn't up to date?

but the real question is why do you think you can just buy it from the owner when the listing has expired???

if you never walked through the house, how would you know you want to buy it anyway? if you did walk through the house, if it was listed then, probably your buyer's broker (that you do not pay) is entitled to part of the commission. so why don't you just call your buyer broker and make an offer? if you don't, the house may be sold before expiration. as well, if you did see it with an agent, there will be a lawsuit for payment of commission. who knows then? maybe you yourself would get sued, depending on how this sale comes about. nobody wants to pay lawyers!

why would a seller want to sell to you when the listing expires? i would not trust you as far as i could spit. i'd really wonder why did you wait until the listing expired. is it that you don't have any money and want me to sell the house on contract to you? if that is the case, then make such an offer now. or else i'd wonder if you thought that you'd get me to go much lower by waiting out the contract that i signed in good faith with my listing brokerage company...i really would not trust you in that case. another reason i wouldn't trust you is because if you never got prescreened for a mortgage from a lender, you might want to enter into a contract with me, but you'd think i was stupid and wouldn't want to know what monetary qualifications you had.

so why are you so sneaky? if you don't want to think of yourself as sneaky, why don't you just walk around neighborhoods asking people if they will show you their house then and there, and have a blank contract in your hand as well as an earnest money check. do you know how to write a contract? do you know how much you should put up in earnest money? do you know who will hold your money?

basically, much as you will hate me for it, i think you are playing some disreputable games here and you are wasting professionals' time. go see the house with your buyer broker that got you qualified to buy it, if you really can afford to make an offer. elsewise, just forget it.

2007-04-23 18:04:09 · answer #1 · answered by Louiegirl_Chicago 5 · 0 0

Buying a home is a big step in a persons life. Trying to find a piece of property that has expired from a listing is simply. When the sign comes down, it has expired.
But as a buyer, you pay no fee's or commissions, and the Real Estate agent does all the work. Fills out all the papers, and submits then to the title company. Why not have a Realtor find you the property you want, and make an offer?

2007-04-23 17:56:49 · answer #2 · answered by Anonymous · 0 0

It doesn't change your buying price to just go through the Realtor, it will in fact save you from many very possible problems. But if you insist, you can ask for a print out of the property, usually identified by an mls # and unless the person printing it omits the expiration date, you will find out that way. I would suggest asking the secretary as the agent would prob have that information omitted from any listing sheets given. You could also ask how long the property has been on the market- In my experience, most residential properties are listed for 6 months.
Again, the Realtor is your friend- call em up make an offer, their commission is not going to change what you pay. Well they could try to get their seller to accept your offer by offering to lower the commission- it happens- not likely.

2007-04-23 18:35:51 · answer #3 · answered by Anonymous · 0 0

Most RE contracts are for 6 months. However, some have a clause that if the RE agent showed the property, they have another time period that they are entitled to the commission.

It is not public information, so there is no website to visit or government agency to contact to get the specifics about when the contract expires.

How about just making an offer while it is listed?

2007-04-23 17:46:57 · answer #4 · answered by godged 7 · 0 0

Above correct, normally it about 6 months, but, the agents do try for 12 months to lock it up. Also, if you have not gone through a Broker see if the seller have a clause they can sell with no penalties should they have a direct offer from a person that was looking "BEFORE" the contract!!!!

2007-04-23 17:40:24 · answer #5 · answered by Snaglefritz 7 · 0 0

Think about what you're asking. Why would anyone give you that information? Agents know how to protect themselves from people like you who are trying to see that they don't get paid for their hard work. How could you even post a question like this? The answer is you can't.

2007-04-24 02:12:11 · answer #6 · answered by mycornerofbrickheaven 3 · 0 0

Depends upon the contract that the seller made with the real estate agent. Why not just ask the seller? Although waiting may jeopardize your chances of actually getting the sale...

2007-04-23 17:34:13 · answer #7 · answered by Karen C 3 · 0 0

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