I say always get your own agent. The key word here that screams out to me is "FRIEND." If you want to remain friends, have your own agent and let them have their own agent. If you use their agent, that is dual agency and no buyer or seller should ever want to be in a dual agency situation. Your friend's Realtor was hired to get the highest price for the home at all costs. The only person who would win in that situation where you use their Realtor, is the Realtor who would keep both sides of the commission and one of you would get hurt. A dual agent is not allowed to negotiate for either of you or give one of you an advantage over the other. You should only want to purchase the home at market price and that is what your Realtor will make happen.
You mentioned "adding additional money to make the deal right." What does that mean? Are you saying that you will pay more for the home just to get it? That is a bad business move. If the home hasn't sold by now, it means its already priced too high.
Find yourself a buyer agent.
I fight for every penny for each and everyone of my buyer clients. Nobody needs to be spending more than they should especially in this economy and home values declining the way they are.
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