Are you also representated by a buyer agent? Or are you being represented by the listing agent also, making this a dual agency?
Dual agency is only allowed when both parties have been informed and both parties agree. Hope this helps.
Yes. Whether the seller and listing agent are two separate people or the same person (agent/owner) they can absolutely talk with any buyer for the home.
There are also several types of listing agreements which may come into play. An Exclusive Agency agreement means that the seller can find their own buyer for a home and avoid paying a commission but would have to pay if the agent found the buyer. This is not the typical listing agreement.
The other is the Exclusive Right to Sell Agreement where no matter what, the agent is paid a commission when the home is sold no matter who found the buyer. This is the more typical agreement.
Right the owner may have listed for 1% and left it to the owner to negotiate with the buyer.
Likely the listing agent doesn't care generally at 1%, seller wants to go laughing to the bank at
Expense of buyer.
Anyway this is from March of this year.
Or did you mean can the listing agent and/or the owner, two separate individuals each work with the buyer directly?
If the listing agent is also the owner, he/she must disclose that.
If you meant the listing agent and owner are two different people, then the owner should think twice before trying to work directly with the buyer. The owner could get sued by the buyer if the owner forgets to disclose something AND the owner most likely will still owe their listing agent his commission as per the listing agreement.
Walking you through all the issues of buying a home.
Let me know if I can help.
Hope this helps.
If you have any other questions feel free to ask
The reason you want to consider using a Buyer;s Agent is the Seller's or Listing Agent was hired to represent the seller(s). Thus, it's his or her responsibility to sell the house for as much as possible. They will negotiate a deal that's in the best interest of the seller and not yours.
The Buyer's Agent, on the other hand, will prepare comparisons to recently sold properties that are like or nearly like the one you want to purchase. They will help you determine the appropriate range that the value of the house should be in, and help you negotiate a "fair deal."