Home Buying in 01119>Question Details

Jose, Home Buyer in 01119

if a realtor was used to see the home inside am i obligated to stay with him even though there was no contract

Asked by Jose, 01119 Tue Dec 30, 2008

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Unless you sign a Buyer's Agency Agreement, you are not obligated to stay with any agent.

However, if you use two different agents to see the same property, than the agents may end up fighting over the commission due to which agent was the "procuring cause" for you finding and buying that house. Personally, I don't really like showing buyers a house they saw with someone else because it gets sticky. Just make sure you would switch agents with cause and it shouldn't be a problem for anyone involved.

Regards,
Brian P. Sears, Broker/Owner
Sears Real Estate
Web Reference: http://www.BrianPSears.com
0 votes Thank Flag Link Tue Dec 30, 2008
Jose:
Unfortunately there is still an attitude by some agents in real estate that once they have met someone interested in buying a piece of property that they have "automatic ownership" of representing them with their purchase! This indeed is not the case, and in a way represents a very non-professional way of conducting busniness. Purchasing a home is a very large investment and choosing the right real estate professional to represent your best interests should be one of top priority on your list. If you are serious about purchasing a home either now or in the future, you should have a working relationship with a real estate professional with whom you trust and respect their knowledge. I know I bring my clients in for a preliminary meeting before we ever start looking at homes, simply to establish a working relationship of not only what they should expect from me, but also what is expected from them if truly the goal is to find a home.
By the time we are out looking for that home, I have a client who will eventually recommend me to their family members and friends, simply because they know my professionalism and knowledge base.
It still amazes me how agents will jump in their car to show a property to some stranger who calls on the phone. Not only are they undermining themselves as professionals, they are doing a disservice to the potential buyer not to mention the owner of the home who is having "strangers" (may or may not be qualified, etc.) tromps through their home!
When acting like a professional and handling their business as such, buyers will gladly sign a contract to have a working relationship with an agent. To feel like you owe something to a realtor who simply lets you into a home with no basis for that relationship other than the appointment to get in is an old philosophy of how real estate use to be handled....and is quickly dying away.
0 votes Thank Flag Link Tue Dec 30, 2008
While there is no obligation to use a particular agent, if you want to buy the home that you saw with this particular realtor, then he / she has been the procuring cause and could successfully argue that they are owed a commission. The exception to this is if the house was seen a while back and if the agent hasn't followed up, etc.
0 votes Thank Flag Link Tue Dec 30, 2008
Jose,

I agree with Jim, if it was the listing agent and there was no pryor relationship, you are not obligated. Just be up front with all the agents you come in contact with in the future. Let them know right up front if you are working with another agent. When you find an agent you like, please stick with them. We work extremely hard behind the scenes servicing our clients, and it really hurts when we get blindsided by a client who doesn't know better. Happy New Year and good luck!
0 votes Thank Flag Link Tue Dec 30, 2008
Hi Jose

It sounds like you and your realtor did not connect well during the showing - I'm sorry to hear that. As long as you did not sign a buyer agency agreement with that agent you are not obligated to him/her. This is different from the mandatory licensee-consumer relationship disclosure notice which you should have signed at your first meeting with this agent - that notice tells who the agent is working for (seller or buyer) but it is NOT a contract.

Hope this helps; best of luck to you.
Web Reference: http://DavidBarnas.com
0 votes Thank Flag Link Tue Dec 30, 2008
Jose,

Without a buyer agency form signed, you are not obligated to stay with them. As a listing agent I've frequently shown people my listings and am more than willing to show other agents clients my listings without any obligation or commitment.
0 votes Thank Flag Link Tue Dec 30, 2008
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