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Reply to "I think my buyers agent hustled me and did not act in my best interest. "
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[quote=Anonymous][quote=Anonymous]I'm guessing that the agent told the person to submit an above-ask offer and to waive contingencies. Well, guess who that benefits the most? The agent! Remember that for most agents, the key is to get a transaction to close ASAP because that's the only way they get paid. Avoid using an agent, but if you do, just remember that their goal might be to get you to buy a house as quickly as possible.[/quote] In many markets in this area, it is necessary to escalate over asking and to waive contingencies to actually win the house. Of course that is always the buyer's decision, what he/she feels comfortable doing, but to say that agents do this because it benefits them is ridiculous. Perhaps you could cognitively reframe this-that your agent gave you advice about how to structure the offer so that you actually had a chance of getting the home. Obviously escalating and waiving contingencies would only be necessary in a competitive situation. I realize there are bad agents that ARE only thinking of themselves but there are also many, many of us who do the right thing for their clients, always, as hard as that may be for people on this site to believe. [/quote]
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