Simply visiting an open house does not warrant the agent conducting the open house to be credited for making the sale or a "meeting of the minds." You can do whatever you want. Just be prepared because if you go with another agent other than the one who has listed the property and/or was conducting the open house, the listing agent may not want to compensate the agent you bring in after the fact. In that case YOU would have to pay your agent their fee! This can make things more complicated and expensive for you.
Here in Brooklyn, if a buyer visits an open house without an agent, it is traditional that the agent conducting the open house would be credited as being the "selling agent." If when you went in you did not inform the agent conducting the open house that you are working with another agent, they will be very upset if you bring in another agent after the fact, thereby taking away their desire to make your deal. In that scenario, rest assured that if there are other offers on the table, yours will be put into the last position (unless you are offering a heck of a lot more than all the other buyers!).
I think it was wrong for the neighboring agent to suggest he or she "come along" with you after the fact, knowing that you already went into the open house by yourself. Sounds to me that that agent is just looking to make a quick buck.
Also, you really do not need another agent to be involved. You know what is out there and should be familiar with pricing in the area. Just make an offer that you feel the property is worth and see what happens. You can always start a little low and see how the seller responds and then raise your offer if you want to. If you want, give me a call and with more details I may be able to give you some helpful advise and you wouldn't have to pay me a fee!
With regards to the lawyer, lawyers do not typically negotiate deals, they simply put the contracts together once the deal is made. if you do have a lawyer I would suggest you call him or her with your concerns to get more perspective on the matter. 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
to work with any agent. There could be exceptions depending upon how that agreement is worded.
Now, if you contacted an agent to show you property and they introduced you to a property then they could pursue at least a portion of the commission as "procuring cause" as they introduced you but it doesn't often happen.
Even if you have a buyer/broker agreement you only have to dismiss the agent in writing and then move on to make your offer with anyone you select. My feeling is that the buyer is my boss and he can fire me but having a potential buyer just dropping in to preview a home at an open house does not constitute a relationship.
By the way, I am not a lawyer, I do not play a lawyer on TV and this is not meant to replace advice that you should obtain from a lawyer:)
Mike Cooper, Broker
Cornerstone Business Group, Inc.
1437 Front Royal Rd
Winchester, VA 22602
As for selecting an agent, I always recommend going to Zillow (sorry Trulia) for agent reviews by previous clients in that area.
Good luck and I hope this helps!
Certified Buyer Representative
Senior Real Estate Specialist
Century 21 Princeton Properties
The listing agent is 100% wrong in what she says.
You go right ahead with your own Realtor and if the listing agent has a problem; after the deal is closed, he/she can go after your Realtor...but I will tell you right now...there is no case.
Only viewing a property at an "open house", does not obligate you to use the sellers agent , unless you agreed to it at open house, or signed an agreement with said agent to represent you in the transaction. You can use the agent that directed you to this property, if you so choose, and especially if you so intended.
Barbara Ann Rogers, Licensed Real Estate Broker
William B. May
Office 212-696-1866 x7
Mobile Phone 718-664-8434
Absolutely, you should have your own buying agent. The listing agent is representing the sellers best interest, although the listing agent can represent, both seller and buyer the listing agent client is the seller. You need to have a buyers agent that has your best interest.
It would be my pleasure to speak with you, and assist you through this process, if you and your husband decide to move forward. Please contact me as soon as possible. firstname.lastname@example.org
License real estate agent
You should insist on having your own agent. I'm not exactly sure about NY, but I do not believe a listing agent can deny you the right to have buyer representation.
Better Homes & Gardens Real Estate Metro Brokers