Home Buying in 17403>Question Details

slentz180, Home Buyer in York, PA

If the listing agent shows you their house are you obligated to use them to buy the house?

Asked by slentz180, York, PA Mon Nov 5, 2012

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Alan May’s answer
Okay... let's answer the exact question you asked. "are you obligated to use the listing agent, if they showed you the house...?"

No... you're not obligated to use the listing agent (unless, as others have pointed out, they got you to sign an exclusive buyer's agreement when they showed it to you).

This is one of those instances where you, as the consumer, are allowed to use whomever you want. If you want to hire a new buyer's agent, and bring them to the property... you are allowed to use them.

Now... it does complicate things. Procuring cause, might mean that the listing agent is entitled to a portion of any commission that is due the buyer's agent. But that's not a problem you should worry about... tell your buyer's agent the situation... and let them work that out together. What happens regarding the commission, isn't something that should burden you.
0 votes Thank Flag Link Mon Nov 5, 2012
Alan May, Real Estate Pro in Evanston, IL
A buyers agent works for the buyer. The sellers agent works for the seller. There can be conflicts if problems arise in negotiations. Most agents can be impartial. If you have a buyers agency contract you most discuss it with agent if you do not want to proceed. The agent can refer you to another agent if you think this will be an issue.
0 votes Thank Flag Link Mon Nov 5, 2012
Always best to have a buyers agent. I will be honest and say the list agent and seller have aready established a bond. The agent needs to get the house sold. Now you come along and use list agent. When or if there is a problem along the way it is going to be hard for list agent to handle both sides with out favoring one side or the other.
Remember a buyers agent is exclusive to you and you only. And it does not cost you a thing to have a buyers agent. So why not right?
0 votes Thank Flag Link Mon Nov 5, 2012
I agree with Scott. Hire a buyers agent, let them know the situation, and make sure you only allow your buyers agent to get paid by the MLS offer of compensation. You don't want to be on the hook for personally paying the buyers agent if the listing agent isn't willing to split the commission with them. Most cases like this that I've been involved in, the agents are pretty understanding. Your buyer agent will just have to have the discussion with the listing agent.
0 votes Thank Flag Link Mon Nov 5, 2012
Hi, Absolutely not...Kee in mind the listing agent represents the sellers best interest all of the time. You have the right to retain your own agent at anytime, as long as you haven't signed any exclusive agreement with the other agent.

0 votes Thank Flag Link Mon Nov 5, 2012
No. Not unless you have a Buyer Agency Agreement signed by you and the Realtor. Remember the Realtor is working for the seller at this point and is trying to get the most for that property. I would suggest finding a Realtor to represent you as the buyer. Usually the seller pays the Real Estate fees. If you need some more info. you can call me at 717-968-4811 for a no obligation consultation. Al
0 votes Thank Flag Link Mon Nov 5, 2012
You should first hire a buyer agent than start looking at homes. If you saw the home with the listing agent, you may still hore a buyer agent but depending on your state laws of procurring cause, will decide if that listing agent will have to pay the buyer broker if they bring an offer for you that closes or if you will have to pay them seperately. You should start by finding a buyer broker and let them know your situation so they can can quote what your state loaws are. Good luck with your purchase
0 votes Thank Flag Link Mon Nov 5, 2012
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