Ideally, your agent should have discussed this issue with you before signing the Buyer-Broker Agreement.
1) If you signed the Exclusive Buyer-Broker Agreement and you decide to purchase the house directly from the listing agent (seller's agent hosting the open house), you may find yourself paying TWO broker commissions: one to the listing broker and another to your buyer broker as per Buyer Broker Agreement
2) If you happen to like the house and plan to submit an offer, you, as a buyer, need to be careful NOT to share any personal or financial information with the listing agent hosting the Open House, because that listing agent CAN and WILL use that information AGAINST YOU for the benefit of the Seller - as any GOOD listing agent should - which will make your own agent's, buyer agent's job much more difficult.
The same applies to Open Houses hosted by FSBOs, For Sale By Owner.
You can preview homes that are having and Open House, two things, make sure you let the listing agent know that you are currently working with an agent and have hopefully signed your Buyer Broker agreement and secondly please do not share any information with the listing agent allow your agent to do so. Good luck
Yes, you are allowed to visit open houses without your agent--as you may have gathered already. Your agent should have given you a stack of his/her business cards for you to give to other agents you may encounter while visiting an open house.
Also, make sure you make this clear if you are visiting new construction models. If you sign in without your agent's contact information, there is a very good chance that you will not be able to use your agents expertise as a result.
Mo A. Hashem
Typically, Open Houses are "no man's land". You are free to view an open house, without worrying that the agent sitting the Open will automatically become your agent for the purchase of that house. But Open Houses are a tool that agents use to try to attract new clients, so the agent sitting the Open will likely try to "schmooze" you (a real-estate technical term)... and get you to like them and then use them to help you buy a house.
Your agent will probably tell you that when you attend an Open to tell the sitting agent that you "are currently working with an agent", and if/when you sign-in on the attendance sheet, to sign in with his/her name next to yours. If you do so, you probably won't be bothered by follow-up calls after the open house.
Good luck, and happy hunting.
Licensed Associate Broker
Accredited Buyer Representative
GREEN Designated Agent
William Raveis Legends Realty Group
Good luck with your home search!
Yes, you can go to an open house without your agent with you. As Corey mentioned, please let the agent who is holding the open house know that you are working with an agent and if you have further questions or want to get back into see the house again, your agent will contact the listing agent.
Yes. You can go to an open house without your Realtor. But do your Realtor a favor and let the hosting agent know that you are working with a Realtor and that any interest in the home will be vetted out by that agent.
It protects your position of having an agent represent your interest if it comes down to you liking the home, while also protecting your Realtor and enabling them to continue making a living.
It sounds like the roads of communication between you and your agent are few and far between....
When you listed your home, your listing agreement may have identified the responsibilities of you, your agent and their broker. Doing an open house is much more than making the home available to potential buyers and putting a bowl of candy on the counter.
Check your listing agreement for a possible clarification prior to having a conversation with your agent about this topic.