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Real Estate
Reply to "Buying without a realtor"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] DP. Who’s going to let the inspector into he house if there’s no agent there to do it? Who’s going to be responsible for supervising the inspector to make sure there’s no damage/theft?[/quote] The seller agent of course. That's part of his job. Stupid agents may not agree to it but most will to close the deal. And please read this before you proclaim that buyer agents must always attend the home inspections. [url]http://www.workingre.com/should-agent-attend-home-inspection/[/url] [/quote] There are a few challenges with that. First, the seller's agent may not be willing to do you the favor of being present, and make require you to assume liability for the inspector if anything is damaged or goes missing during the inspection. And even if they are willing to do you the favor of being present, they may still require you to assume liability because they won't want to walk the property with the inspector and hear their comments (more below), and they may not be all that accommodating in the scheduling of the inspection. Second, a seller's agent anticipating that they'll have to do more work for an unrepresented buyer who's requiring an inspection may be less inclined to waive half the agent fee, so any discount you get may not be as much. Third, there is a real benefit to someone on the buyer's side being there during the inspection to discuss what the inspector is seeing, because not every detail will make it into the report so you may learn key details you'd miss otherwise. A seller's agent won't want to hear a word of the inspection report, though, because they don't want to be required to tell the seller, who then will have to disclose to the next buyer if your deal falls through. Therefore, the seller's agent won't be willing to discuss anything with the inspector, answer any questions, etc., and may require that any discussion between the inspector and buyer happen away from the house, which means the buyer will lose some of the benefit of the inspection.[/quote]
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