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Real Estate
Reply to "Do I need an agent just to go see a house (one-off) not during an open house?"
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[quote=Anonymous][quote=Anonymous]Lots of people buy as their own agent. You can represent yourself. The listing agent can meet you at the house to show you the home. Do not advertise you don't have an agent. Similarly-do not sign any "sign in sheet" requesting who your agent is/or if you don't have one. When you are ready to make the offer, hire a lawyer, make the offer, and have 2 home inspections. People do this every day.[/quote] when she contacts the seller's agent directly for a showing it will be obvious that she does not have an agent, since otherwise her agent would call. I do not think the seller's agent could represent her since there would be a giant conflict of interest. at the very least the agent would have to disclose in writing to both the seller and the buyer and get both parties to authorized in wiriting. a lot of people represent themselves as buyers every day, you are right, but what is the purpose of doing it in this case? the only advantage I see is when buyers buy from an owner directly, so both seller and buyer can split the commission. but in this case, there is an agent who will pocket a 6% commission, and the buyer will have no competent representation and will have to do a lot of work on her on (i.e. finding and hiring two competent and reputable home inspectors, finding the real estate lawyer and so on - a good agent has experience on this and knows where to look). what is the purpose of doing all the work and having nobody to advise you on a major purchase when you are not even from the area? If I was the OP, I would try to contact friends or people in the area for references on good buyer's agents and just get on the phone with some of thehm. I would get one for this house, making sure I do not get myself into any long term contract. if this house does not work, when you come in the future you can always start your search for another buyer's agent[/quote]
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