where do I get a buyer only agent ? can I have more than one agent such as specialization in foreclosure, and short sale ? Can I rent it before I?

Asked by Nari09, Cupertino, CA Thu Nov 11, 2010


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Michelle Carr-Crowe’s answer
Michelle Car…, Agent, Coppertino, AL
Thu Mar 17, 2011
Ask friends who've recently purchased if they are happy and satisfied with their buyer agents. Choosing an ABR (Accredited Buyer Rep) can be a good option, as agents must qualify for this designation by actually selling at least 5 homes in 2 years representing buyers WITHOUT any dual agency. It sounds like an initial consultation with a buyer agent would help you. Most buyers who work exclusively with a buyer agent or buyer agent team benefit from the extra experience and attention. Usually there is not an option to rent before buying, but ask the buyer agent to check about any rent/lease options.
0 votes
Agentleaf, , Menlo Park, CA
Tue Mar 15, 2011
Hi Nari.

Agentleaf allows you to search for the best local agents and save on commissions. You can search the site by city and organize the results according to Buyer Specialists and REO or Short Sale Experts within that city. All the agents are ranked based on their sales performance so you know the top agents have a lot of recent experience not only in that area but according to their specialization. Check it out and save 15% on commissions
Web Reference:  http://www.agentleaf.com
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Michael Cheng, Agent, San Jose, CA
Sat Mar 12, 2011
You've come to a great place to find competent buyer agents. Look around the site and get a feel for agents through their Q&As and blogs. Yes, you can definitely have more than one agent. It's a great way for you to cover a lot of territory. Some of the more insecure agents may ask for an exclusivity with you for a period of time, but good agents will earn their keep without a contract locking you in.

You should look for agents with the SFR designation if you need one who specializes in foreclosures and short sales. You can check on our site for more info or look for it on the web.

As for renting a property before you buy, it can work for regular sales, but it definitely gets tricky if you're in a foreclosure or short sale property. In those situations, the banks have the final say on how and when the property changes hands and you may be forced to move with little notice.
Web Reference:  http://www.archershomes.com
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Grace Keng, Agent, Santa Clara, CA
Tue Mar 8, 2011
To find a buyer only agent you can surf on internet or ask your friends or just go to open house to meet a buyer agent. Usually the buyers started talking with many real estate agent, once the buyers find one real estate agent this real estate can represent you to either buy regular, short sale or bank owned home.

You can not move in or rent it before close of escrow.
Grace Keng,
Hall of fame
0 votes
Desari Jabbar, Agent, Stone Mountain, GA
Fri Nov 12, 2010
If you're interested in having an agent represent you to purchase a foreclosure, why not get an agent who has experience in selling foreclosures. Most agents won't work with a buyer who wants to juggle two agents at one time. Typically, agents work on a commission basis. We get paid only when the buyer closes on the property. So, if an agent puts in the time and attention with a buyer, they wouldn't appreciate an buyer who's flipping back and forth between agents. It's a recipe for disaster

Please read the blog I wrote about working with an agent
Web Reference:  http://www.DesariJabbar.com
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David Chiles, Other Pro, Los Angeles, CA
Thu Nov 11, 2010
Thank you for your question about finding a buyers agent and or working with more than one agent. Many people often work with more than one agent, however, many agents push for exclusive representation. The term that applies to working with more than one agent is non exclusive representation by a buyers agent. Furthermore, in today's market it may be easier to negotiate a lease with an option to buy.
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