Most Agent will require a pre-qual letter from a bank before they will begin working with a client. This is for everyones benefit and is being required by many sellers these days..particularly...with REO and Short-Sale property.
This requirement protects you, your time, the agents time and the sellers time.
I hope you heeded the agent's advice to get prequalified before shopping for a home.....whether an REO or a standard sale. Good REALTORS adhere to a code of ethics. Generally, the agreement with the sellers is to show their property to qualified buyers. And, it's sad to have a buyer disappointed when they fall in love with a home only to find out they can't qualify for the mortgage. Even more importantly, getting a mortgage you're comfortable with. You may find that your home search and purchase experience will be more sucessful if you work with your agent or find an agent you can work with.
A Real Estate Professional needs to know that they are spending their valuable time and recources with someone who can purchase the homes that they are showing. Certainly being loyal to them is up to you. You might have been turned off by the attitude of the agent you spoke with but truthfully you should find a Realtor(R) that you feel comfortable with and a Lender that you trust and put your team to work on your behalf.
I understand your frustration. Look at it this way, if you decide to place an offer on a property most likely the agent cannot even submit your offer to the seller without that pre-approval letter from a direct lender. It will save you time and maybe even a little heartache because it is likely that the home you make an offer on will have multiple offers and you could lose out on that purchase without that letter.
Happy home hunting!
Don't waste your time with that.
If you don't want to pre qualify first....good luck finding an agent.
It will be very difficult to find one these days.
Real estate agents will work hard for you and will give you 200% of them selves and all you need to do is to get them the pre qualification letter, please o it.