Can you use the same Realtor as the seller?
A real estate agent, either acting directly or through one or more salespersons and broker associates, can legally be the agent of both the Seller and the Buyer in a transaction, but only with the knowledge and consent of both the Seller and the Buyer.
Is it better to work with the listing agent?
Many buyers think they will get a better deal on a home if they work directly with the listing agent. They believe a listing agent will reduce the commission if he or she doesn’t have to share it with a buyer’s agent, thus lowering the price. … Working with the listing agent could easily cost you money.
Is it OK to contact the sellers agent?
Can buyers contact a listing agent directly? Technically—yes. The only people who may frown upon contacting a listing agent are buyer’s agents, who make their commissions based on representing buyers. But there is no law or rule saying a buyer cannot contact a listing agent.
Why should a seller use a Realtor?
Your real estate agent or Realtor can give you up-to-date information on what is happening in your local marketplace, as well as the price, financing, terms and condition of competing properties. These are key factors in marketing your home and selling it at the best price.
Can a seller refuse to pay buyers agent?
A seller is not obligated to pay the commission for a buyer’s agent. A: If you did not agree to pay the real estate agent, then you are not obligated to do so. Agents, like most other workers, get paid when someone hires them to do a service, such as finding a buyer for their house.
Can buyers and sellers talk to each other?
Can A Buyer And Seller Communicate Directly? While it is unethical for a REALTOR to speak to another agent’s client, there is nothing wrong with a buyer and seller communicating directly. They are not held to the same ethical standards. It is completely ok for a buyer and seller to directly speak to each other.
How can I view a house without an agent?
Yes, it’s possible to see a home without a buyer’s agent. However, you’ll need to schedule directly with the listing agent, also known as the seller’s agent. If you contact a listing agent directly, he or she will try to convince you go make an offer without representation under what’s known as dual agency.
Is a buyers agent worth it?
An agent can offer real value when it comes to valuing the property and securing the deal. … However, a buyer’s agent may be able to save you time and help you secure a property at the right price, which may be a money saver for those who don’t know what a property is worth and are susceptible to overpaying.
Can a buyer work with multiple agents?
Yes, a buyer can work with multiple agents as long as they don’t have a written agreement with an agent. In most areas this is called a buyer’s broker agreement or buyer representation agreement. … If they decide to buy a home with another agent they may have to compensate the agent they have the agreement with.
Why do Realtors not want buyers and sellers to meet?
A real estate agent stops that. It’s intimidating to have the sellers in the home when buyers walk through it. They may not feel as comfortable looking in all the areas they want to look. When the sellers aren’t present, buyers feel more comfortable looking around and see everything the home offers.
Do real estate agents lie about offers?
In conclusion, yes, real estate agents can lie about offers. However, it is more likely they are using vague “sales speak” or being upfront about a specific proposal. It is up to you to discover which, retain control over your purchasing and to act in your own best interests.
Can a seller ignore an offer?
A seller may dismiss an offer altogether if they believe it to be unreasonable, incomplete, or otherwise not in their best interests. … Sellers may also choose to ignore offers that contain what they see as unreasonable terms, such as little or no earnest money deposit or excessive seller concessions.
Can a realtor buy a house for himself?
A: The same way as you would sell a house to a regular buyer. However, you must disclose on the contract that you are a licensed Realtor. … Buying a home as a Realtor isnt much different then a traditional sale. Just make sure you announce that your an agent to the Listing agent and that the home is for yourself.
What should you not fix when selling a house?
Your Do-Not-Fix list
- Cosmetic flaws. …
- Minor electrical issues. …
- Driveway or walkway cracks. …
- Grandfathered-in building code issues. …
- Partial room upgrades. …
- Removable items. …
- Old appliances.