Home Buying in Perth Amboy>Question Details

Tremont, Home Buyer in Perth Amboy, NJ

We have been looking at homes on and off for a year, with a realtor. We do not have a signed contract with her. Last week we saw a home we thought

Asked by Tremont, Perth Amboy, NJ Tue May 4, 2010

looked good on the internet and emailed the listing agent who responded and asked if we wanted to see the home....so we went out to see the home. Well we really like this house. Can we ask the listing agent to work with our initial agent to buy this home... even though she was not the first person who showed us the home

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Kim Nwachukwu, Texas Realtor’s answer
i would absolutely encourage you to use your own buyer's agent and not the listing agent, who is working for the seller. The listing agent should understand your desire to have your own representation and certainly allow that. Working both sides of a transaction sounds like a great deal for an agent - but I find that 9 times of out 10 problems arise from it; whether agents like to admit it or not!
1 vote Thank Flag Link Tue May 4, 2010
Yes. Absolutely! However, you may have done a great diservice to yourself by not allowing your agent to initially show the home you were interested in.
Web Reference: http://listsellmove.net
0 votes Thank Flag Link Wed May 5, 2010
When looking to purchase real estate, some home shoppers will call the listing agent who posted the property for sale. This could prove to be a costly mistake for the potential home buyer since their objective will be to pay as little as possible and the listing agent was previously hired by the existing homeowners to sell the property at top dollar.

Read more at Suite101: Two Reasons Home Buyers Should Always Hire Their Own Realtor http://buyingsellingahome.suite101.com/article.cfm/two-reaso…
Web Reference: http://www.sjrates.com
0 votes Thank Flag Link Wed May 5, 2010
When you are looking for homes as a buyer you have an emotional energy that is stimulated by the home itself. Often that creates the need to want to view this home as soon as possible. This then in turn causes you to to quickly make the call to the listing agent as their phone number is right there. This is ok, however, if you really like the agent you have been working with, just let the other agent know you are working with someone. They are happy to show you the home knowing that this is the case. They want the home sold. It is bad behaviour though not to let them know that you are working with someone else. On the other hand if the agent you have been working with does not seem to be working well for you, you can easily move on to another realtor and not have to feel too bad. Realtors get busy and do miss things that you might see first because you are only looking for you and they have many other people and things to work on. If your realtor has been good to you, make sure you stay loyal if all possible.
0 votes Thank Flag Link Tue May 4, 2010
Hi Tremont:

Your agent has been working with you for nearly a year.

You should ask your Agent to get in touch with you to get you the best deal
as well as the best Inspections to help you reduce the price further.

Good luck.
Web Reference: http://www.ruthandperry.com
0 votes Thank Flag Link Tue May 4, 2010
The listing agent should have asked if you were working with another agent. Get your agent back in the picture. Since the listing agent represents the seller, be sure to let your agent know everything you may have revealed to the listing agent when you viewed the home.
0 votes Thank Flag Link Tue May 4, 2010
Yes, definitely get your agent involved. She is there to represent YOU! The listing agent is representing the Seller. Please call your agent now. She has been working with you for a year and can handle all the details for you in YOUR favor! Good luck and Congratulations!
0 votes Thank Flag Link Tue May 4, 2010
In our state (Minnesota), it comes down to "procurement." That is, which agent was responsible for bringing the buyer to the property. In your situation, it sounds like the listing agent did the procuring: you responded to the information she had posted, and you took her up on the offer to see the house. I'd be concerned that if you brought in the agent you worked with "off and on," the listing agent could make a big legal fuss about procurement, in an attempt to retain the entire commission. But don't forget: even if you move forward on this house without representation, you still have the right to have an attorney review all the documents. If this particular deal doesn't work out, I recommend getting representation right away. A good agent can be priceless.
0 votes Thank Flag Link Tue May 4, 2010
Tremont,

Your encounter with a second agent is not that uncommon. Many buyers attend open house activities in an effort to familiarize themselves with neighborhoods, home availability, and pricing.

Under these circumstances it is always advisable to inform the agent hosting the open house that you are currently working with a real estate agent. Most agents will respect this disclosure and not push the issue.

Your situation is very similar but ....you did not disclose your relationship with another agent. We would hope that provided with this information, the new agent would be able to make the right decision.

Our advice........time to play your cards and see how things work out.

Best wishes,

Bill
0 votes Thank Flag Link Tue May 4, 2010
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