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I was having a hard time getting in contact with the agent. I was introduced to another agent who informed me the condo was sold. Nonetheless, we've been working with her to find a place.

Now unfortunately, I don't know all the rules of real estate and I did not realize that every property I see has to be seen with my agent. My roomate viewed a house today and I plan to attend the open house this weekend.

I know my sister did not sign anything nor did she disclose anything either. However, according to my agent (mind I have not completed any binding agreement with her), it will be a problem with the sellers agent.

Fortunately, she does not plan to fight the seller if the seller sees a problem with disclosing a buyer's agent after the fact.

Your thoughts, exp, etc...

2007-06-22 15:12:35 · 3 answers · asked by Anonymous in Business & Finance Renting & Real Estate

3 answers

If you are buying a place, and you go see it with the agent representing you, the seller cannot sell it to you without including your agent in the commission split.

But if you go on your own and never went with your agent, nor were you directed to it by your agent, the sellers agent can deal with you without paying commission to your agent.

BUT>>>>>>>>

There is no advantage to you , to by-pass your agent. Your agent is paid through commision by the seller to look out for your interest and to advise you on offers and methods of financing and things to look out for.
The sellers agent works for the sellers interest.

2007-06-22 15:46:50 · answer #1 · answered by bob shark 7 · 1 0

I'm sorry, but this doesn't make sense to me.

Have you signed a exclusive buyers agent agreement with any Realtor in this? If you have, you are committed for a specified period of time to have that agent represent you. If not, you can work with whoever you choose.

I just showed a property to someone who is looking at property with other agents, straight up told me about it. Will I spend much time with him? No. I will provide the services that I said I would provide, but he is not exclusively working with me, so I will be devoting most of my time to clients that are working exclusively with me. I advised him of this and he understands this, seems he likes it this way.

I don't understand why this is a problem for the seller's agent. Buyer's agents enter these transactions at various stages. If the selling agent showed you the property and then you were not satisfied with their service, you are entitled to go find an agent to represent you. It happens.

2007-06-22 16:25:13 · answer #2 · answered by godged 7 · 0 0

You don't have to use an agent.

You don't have to view property with your agent.

You may need to consider getting a new agent, if she is telling you that you can't look at properties without her.

2007-06-22 15:48:21 · answer #3 · answered by hottotrot1_usa 7 · 0 0

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