Reply to Want to buy a house without an agent - the listing agent has cancelled the showing. Any ideas?

Forum Index » Real Estate

Reply to "Want to buy a house without an agent - the listing agent has cancelled the showing. Any ideas?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP you are a piece of work. You're a hotshot lawyer who is so smart that you think your expertise will entitle you to horn in on a commission situation between 2 parties, neither of which is you. The commission has nothing to do with you and you don't pay any of it, and when you don't get the answer you want from a listing agent WHO YOU ARE NOT PAYING ANYWAY, you want to report her. That. Is. Hilarious.

Agents do not have to work with anyone they don't want to, and so she doesn't have to deal with your bs phone calls and as the pp's mentioned, she deemed you as not serious and as such, doesn't have to do anything.

At this point you've created more drama than you're worth.

As a lawyer, don't you hate when people harass you for free advice or somehow try to get out of paying your fees?[/quote]
You are both right and wrong.  You are right that the OP has no power to change a commission arrangement between two parties, neither of whom is she.

However, [b]the agent absolutely does have a responsibility to convey to the seller all the offers that come her way[/b].  She may not like that idea, but she does in fact have to do that.

You are also wrong that the the buyer doesn't pay the listing agent. It may not happen directly, but the buyer is the only person that leaves money on the table in this transaction. So the buyer does in fact pay everyone's fees, listing agent, buying agent if there is one and whatever else.

OP, you may not need representation, but you do need an agent to give you access to the house. Whoever provides that access will be entitled to the commission - I don't care if you call them a buyer's agent or a listing agent.  As for your idea to get a 3% rebate, you are free to suggest that, but the agent absolutely does not have to agree.

The reason agents dislike deals like this is that they prefer dealing with another agent on the other end, and perceive an agent-free buyer as more work. As in, she'll have to do the work normally done by your agent (make sure things are signed off on time, all the logistics etc. it may seem minor but someone still has to do it.)[/quote]

the thing is that OP did not make an offer, otherwise I would agree with you. an agent who does not convey an offer does betray her fiduciary duty. OP just wants the agent to show the house to him. in a market like this, where a house goes on the marlket and there are multiple offers within days, I would consider somebody like OP not a serious buyer (he is not serious, or not very smart). it depends on the area obviously,. but I have a friend who has been looking to buy since last year with an agent, she has put 6 offers on homes, all within days of listing, all of them for tens of thousands more than the asking price, two without any contingencies and lost all of them to other buyers who had no contingencies and higher offers or even  cash offers . the market is very competitive for buyers. as the sellers'  agent, I would consider OP not a serious buyer in a market like this simply becauise I think serious buyer with a even limited understandign of the market would know that he would never get a house going without an agent, having to wait for open houses and so on. an a seller, somebody like OP would not look like a serious buyer either, or a buyer more likely than others to come to closing,  somebody who comes to the table already looking to save 1% or% of the price of the house cannot compete with  other buyers in a strong seller market (plus,. as a seller, I would think  if somebody is going to save 1% or 2% of the commission, that would be me, not hte buyer in this market - if my agent agreed to give money back to a buyer who is not an agent I would be pissed off, in a market with tons of buyers like this - this is something that was done years ago when it was a buyer's market, so sellers and their agents were more inclined to give concessions to the few buyers out there to get the house sold, but the market now is very different, at least in some parts of our area)[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics