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Real Estate
Reply to "Buyer's agent fees"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Agents don't have the authority to ask for PoF or anything else to show the property. Do that and you will get sued again[/quote] Sued for what? [quote=Anonymous]Has no idea what realtors do on a day-to-day basis ^^. That is not "the job." [/quote] So, the job is not "to show financially qualified buyers the thing the seller is selling." Gotcha. [b]If it's not a real estate agents job to show my listing to buyers with proof of financing, then who then should I hire to perform that job?[/b][/quote] You don't hire anyone to "do that job." Your listing agent will either set up an open house, put a lockbox out for buyer's agents and monitor the software that the buyer agents use to make appointments to go show it using the keys in the lockbox, or both. So part of the job of the agent is to make sure potential buyers see the property, yes, but they aren't showing it themselves outside of being there during the open house (and they probably aren't even there for that -- they usually have underlings for that, I have seen very few actual listing agents at the open houses lately, and I've probably attended 30 of them over the past few months). If you are a buyer and don't have an agent and you call a listing agent to see a listed property they will either a) refer you to a buyer's agent, or b) make you sign a buyer's agent agreement with them. They will only meet you to walk through a property they are selling without one of those two things if it has been sitting on the market forever and they are desperate to sell it. Even then, I think most will require you to get a buyer's agent and use the lockbox. Seller's agents do a LOT of work to sell a house; walking people who don't have a buyer's agent through the property is not usually part of it. Most people know this. I don't think you have bought or sold a house in a long time (or perhaps ever). [/quote] I understand how most agents in the United States market "usually" do things. As a seller, am I allowed to show my property to any buyer I deem qualified, whenever I want? Yes. As a seller, am I allowed to hire a fiduciary on my behalf to do the thing I am allowed to do? Yes. As a seller, will this benefit me? That's my decision. Not yours. "who then should I hire to perform that job" I agree most agents would not be interested in doing this. You describing how "most agents" do things misses the point entirely. The context here is how buyer agents are someone a requirement. They are not. They are only a requirement for how you do your work. Most people know this. I don't think you have considered other ways to sell a home in a long time (or perhaps ever). [/quote]
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