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Asked by ctorere, Atlanta, GA Fri May 10, 2013

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Answers

3
Hank Miller, Agent, Alpharetta, GA
Sun May 12, 2013
How can you ask a question like this? Do you have an agent? What did you base your offer on? Will the values come back to what - the completely unsupported levels they might have been at? Why are you on here asking a question like this AFTER submitting an offer. And why are you not asking this of your trusted advisors?

Is this how to buy a home?
Web Reference:  http://www.hmtatlanta.com
0 votes
Robert A Whi…, Agent, Roswell, GA
Sat May 11, 2013
What does your agent tell you - or did you submit an offer on your own - trying to act as "your own Broker"?

FREE PUBLIC SERVICE ANNOUNCEMENT FOR ALL HOMEBUYERS

I see these kinds of posts all the time - here is what you need to know.

Agents can't give the general public that kind of advice - such advice is reserved for clients - those who have entered into a written agreement to be represented by an agent.

If you have an agent, you should not be asking other agents this type question. If you don't have an agent, that means you are not represented and therefore you are a customer - agents are not allowed to give "customers" (the general public), "client level" advice and information of the type you are asking, even though the vast majority of agents do not get that, and break that rule (and law) daily.

By the way, let me clarify the term "having an agent" - that means you have signed an Exclusive Buyer Brokerage Agreement to be represented by an agent. If you did not sign such an Agreement, you dont "have an agent" - you are merely "working with an agent" and that means the agent is not required, and in fact is legally not allowed to act on your behalf and treat you as if you were a client. If you are not represented by an agent, they are NOT beholding to you for their actions or failures to act. That is why you never want to "work with an agent" - you always want to be "represented" as a client.

I hope it all turns out well, and that you did not overpay - but if your transaction falls apart (and you aren't represented by an agent) call me and explore the opportunity to have an experienced expert represent and assist you the next time.

Sincerely,

Robert Whitfield
Broker/Owner
Professional Buyers Broker
New Home Construction Expert
ICC Code Certified Building Inspector
Advantage Realtors
678-585-9691
RobertWhitfield.com
TheHomeBuyersRep.com
Corporate Relocations | New Construction | Luxury & Investment Properties
0 votes
Michael Hamm…, Agent, Suwanee, GA
Sat May 11, 2013
What does your Buyer's Agent advise you, ctorere? If you do not have one, the likelihood of this being a "good deal" diminishes greatly, IMHO. Please call, text or email if we can provide further assistance. Good Luck!

Michael Hammond
SellsRealty@gmail.com
404-538-5499

http://www.georgiamls.com/agentsite/index.cfm?SiteID=HAMMONDJOHNM

http://www.chapmanhallprofessionals.com

http://www.SellsRealty.org

http://www.city-data.com/

http://www.greatschools.org/
0 votes
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