Question Details

Virginia, Both Buyer and Seller in Quakertown, PA

If a realtor shows you a property first....

Asked by Virginia, Quakertown, PA Fri Jan 4, 2008

and you go back to see it with another realtor later and decide to
put in an offer, do you have to use the original realtor who showed you the property first to put the offer in?

Help the community by answering this question:

Answers

6
As a listing agent, I will open the door, as a courtesy to the buyer agent when that buyer agent would be there in person if possible. Example: A Realtor w/ a good reputation who works diligently showing their buyer properties, but is unavailable on a given day and their buyers need to see it that day.

For the buyer agent who driects their clients to have other Realtors show them properties with the intention of simply writing the offer, I say, "On behalf of my seller, I will gladly show the property, and the referral fee to the buyer agent is X."

In order for a buyer agent to effectively counsel their client, the buyer agent needs to be actively looking at the properties on the market. The buyer agent needs to be able to compare properties that buyer has viewed in order to help the buyer. Part of what a good buyer agent does is keenly listen and observe a buyers responses to a proerties about what works and what does not work for them. Really good buyer recalls and recaps the strengths and weaknesses of a property in accordance to the buyer's priority lists. The buyer agent will also provide feedback about the marketplace on a regular basis. The buyer agent gets to know his/her clients and makes suggestions to the buyers as they look at properties.

While the fees for a buyer agent are paid from the seller proceeds, not sale happens until a buyer buys. In essence, the buyer funds the expense. You deserve good representation, counsel, and market expertise for the fees that your purchase will ultimately fund in form of the buyer agent commisison. Don't shortchange yourself. Choose a good buyer agent and expect that person to work on your behalf, and that, by all means, includes personally showing you properties.
1 vote Thank Flag Link Fri Jan 4, 2008
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
Contact
Several times in the last year people have called from my sign asking to see one of my listings - usually one that's, 10 or 20 miles across town in the dark on short notice. Often they inform me that "their" agent is away, too busy, sick in bed, whatever. I believe if I am doing the other agent's job and "sell" the buyer on the house and location, I rightly deserve some of that agent's compensation if the deal closes. So far I have had to turn down several of these requests because I was too busy, or on personal time, or worried about safety or just not motivated. Is that wrong? My seller clients seem to expect me to do it. Guess I'm old school. What do you think?
1 vote Thank Flag Link Fri Jan 4, 2008
Yes Virginia, you can definitely place the offer with your own agent. I have opened many doors to my listings for prospective home buyers. As a listing agent, one question I always ask a prospective buyer is "Are you working with an agent?" If the prospective buyer doesn't have an agent I will offer my services to them. Good luck! I hope your offer gets accepted!!
1 vote Thank Flag Link Fri Jan 4, 2008
Virginia... you are entitled to representation. I would be upfront with the listing agent and let them know that you like the listing but you prefer to have representation. Then you need to be upfront with the agent you are choosing to represent you informing them that you have already seen the home with the listing agent. This will allow your agent to address any procurring cause issues with the listing agent so there are no surprises later for your new agent.

Best of Luck!
1 vote Thank Flag Link Fri Jan 4, 2008
Hello Virgina. My suggestionis for you to use the agent you have a relationship with. What is the reason you called two different agents? Is one the listing agent? You should use the agent who will best represent YOUR interests in the transaction.
1 vote Thank Flag Link Fri Jan 4, 2008
Hi Cheryl, Yes it was the listing agent who showed us the home first. We do want to look at it one more time before putting in an offer. If we go back with another realtor, can we put in the offer with the second realtor who showed it to us>
Thank you!
0 votes Thank Flag Link Fri Jan 4, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer