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][quote=Anonymous][quote=Anonymous][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]

Correct ... I think the magic words to unlock any b.s. on the agent's part is making it clear in writing that OP is prepared to make an offer upon a satisfactory showing.  That's not an offer per se that the agent is bound to present to the homeowner but it's getting there and should put the agent on notice.

If no dice there, there's always the option mentioned earlier of contacting homeowner directly (cc the agent)...[/quote]

what a lot of people here seem not to understand is that all OP wants is "saving" 1 or 2or more % of the sale price but getting it back as a rebate from the seller's agent. there is no law that says that OP has the right to get that money if OP does not havea an agent. the ^% (or 5% or whatever ois in the contract between seller and the agent) simply goes to the seller's agent, who will split with the buyer's agent if there is one. OP is not an agent, he has not right to the rabate. if OP contacts the seller directly, and the sale goes through, l still have to pay 6% o the sale to the seller's agent, since most agreemetns are exclusive for a period of time, so a seller who is paying an agent will still use the seller's agent even if OP contact the seller directly. this issue here is the market - getting money back was easier on the past,nnow it is a seller's marlket., super hot in some areas, houses sell super fast ion days from listing, with multiple offers, so OP's technique is not going to fly if he is trying to buy n a super hot market. and now many sellers negotiate a lower % commission to the seller's agent (I heard of seller giving 5% or even 4% to agents since the market is so hot and often a house goes under contract even before any open house), so seller's agent may not be inclined to cut their commossion even further when there are plenty of buyers and OP would makde them work more (case in point, if OP had his own agent, the seller's agent would not need to get up and gpo to open the house for him)[/quote]

THANK YOU! 
I haven't been back to this thread in a few days but am the PP who called the OP a piece of work for trying to horn in on this arrangement. The comment after me who said I was wrong because the agent has an obligation to present all offers is correct - if the OP is making an offer. He's not. He's just asking for someone to show the place. I can't even read all these attorney comments back and forth with the misinformation, it's actually so funny. And now I know why people don't know what they're doing in real estate transactions now.

A buyer thinking they can get some of the commission money is just - so odd to me. I wouldn't even think of asking for something like that. [b]And it's not the buyer who "pays" because he leaves money on the table - the commission is reduced from the seller's proceeds. The seller pays.[/b]

The misinformation in the thread is proof positive that people need agents. Too funny.[/quote]

Directly yes. BUT buyers have to pay more for homes in general because the seller knows how much they have to pay in commission.  I am the PP who bought a FSBO - no agents involved at all.  It was a WIN WIN and both parties were thrilled.  RE agents are right up there with used car salesmen in my book. Except they make a lot more money for a lot less work.  But equally slimy.[/quote]

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