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Reply to "Want to buy a house without an agent - the listing agent has cancelled the showing. Any ideas?"
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[quote=Anonymous][quote=Anonymous]OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules. [b]The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? [/b]At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS. I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.[/quote] You don't understand what you're talking about. The 6% commission is in the agreement between the listing agent and the seller. Potential buyers, their mothers, uncles and other parties who are not involved in this agreement have no right to interfere with the contractual arrangement to which they are not a party. No one is saving anyone any money as a matter of law. The listing agent's duty is to get the highest price for the house. For all you know, she's doing it. If you think buyers without agents should be saving 3%, you are quite free to offer this, but no one is under obligation to agree with you. Remember, the commission is the agreement between the seller and the agent/broker. Not the buyer.[/quote]
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