The agent that is due a commission is the one(s) that created the meeting of the minds between the two principles (buyer and seller). Just because an agent walked you through an open house does not in and of itself entitle them to be due a commission.
Most real estate transactions in Brooklyn involve two real estate agents, one being the listing broker (working with seller) and one being the selling broker (working with buyer). Just because an agent is working with someone does not mean they are working FOR that person. Many times the agent that brings in the buyer is in fact working for the seller and many buyers in Brooklyn do not have representation by an agent. In the end the buyer is going to have an attorney to protect their best interests in a legal fashion.
Whatever the case may be, you want to have an agent that knows what they are doing and knows how to make deals regardless of who they represent. Agents want to make deals because if they do not make the deal they do not make money. Sometimes it seems like a gray area as to who an agent represents. Good agents are 100% honest with everyone they deal with regardless of who they represent and do not compromise their ethics or integrity just to make a buck.
Anything told to agent A in confidence should be held in confidence even after the fact from an ethical standpoint. I would suggest you simply think about what you feel the property is worth and give your highest and best offer. That will give you the best shot at getting the property.
If I can be of further assistance please let me know. Good luck!
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
1. It is not confidential to the seller under ethical rules, or
2. The sellers permit A to disclose all to you.
If you think A can't be open with you get a different broker.
Tom Brady SFR, e-PRO, SRES, GREEN, BPOR
Licensed Real Estate Salesperson
Notary Public, Retired N.Y.P.D. Lt.
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Drive - Suite 104
Plainview, New York 11803
Go find an experienced Buyer Broker. I've attached a link below on how to find yourself a great Realtor regardless of where you're living.
As relationships go, ex means ex. Move foward and find a good, new Realtor who will help you.
Commercial | Residential
REMAX PARK SLOPE
Direct: (212) 300-3919
There are a few things to consider. You may gain some insight into the seller's motivation and needs, but you would be choosing the one agent who has been proven to be unsuccessful at persuading them. They would see who was representing you and would know what they have told that agent and may actually hold that agent against you.
My advice is always to work with the best agent available. Homes cost too much to take a chance with a theory, a relative or friend if they are not well established and at the top of their game. If the former listing agent is the best agent available, consider it. Otherwise keep looking.