Question Details

Keith, Home Buyer in Pennsylvania

My wife and I walked into an open house, we were not represented by a real-estate agent. The agent who was

Asked by Keith, Pennsylvania Mon Mar 23, 2009

showing the house asked if we were and we told them no. We ended up loving the house and are pre-approved for the cost of the house. The agent who showed us the house does not know this yet. Is it to late to get our own Agent for better leverage in the negotiation? Because we walked into the house unrepresented

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Did you sign "buyer's agency" with this agent? If not, you may not be legally bound to that agent. I'd suggest you contact a buyer's agent in your area and explain the situation to that agent. I'm sure she can guide you from there.

Keep in mind that an Agent at an Open House most likely works for the seller, just as an Agent at a model home most likely works for the builder. You should have your own Agent, representing YOU.

Fonville Morisey Realty
0 votes Thank Flag Link Mon Mar 23, 2009

Be up the agent and tell them you have interests in the home but feel you need personal representation and will be having an agent contact them to see the home a second time with them.

Your concern is a very real concern. If you plan on aggressive negotiations, you efforts would be best served by an agent that is a step removed from the sellers.

Good luck
0 votes Thank Flag Link Mon Mar 23, 2009
No, it is not too late to be represented by a buyer's agent. You always have the right to be represented by an agent of your choice in a real estate transaction. It varies by state, but the listing agent might give your buyer's agent a smaller percentage of the commission since you first found the home through her open house vs. your buyer's agent. Good luck with your transaction!
0 votes Thank Flag Link Mon Mar 23, 2009
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