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Bandon : Real Estate Advice

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  • Local Info1
  • Home Buying0
  • Home Selling1
  • Market Conditions0

Activity 4
Mon Aug 30, 2010
Sameer Punjani answered:
Whats your question? Sounds like your agent took a listing, and if matched up for what you were looking for. What she will do is probably represent both sides, buyer and seller, which is OK. These are sometimes rare to happen, because most of the deals done in real estate are with buyer and seller represented by different agencies.

Good Luck though.
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Sun Nov 18, 2012
Thesa Chambers answered:
The seller cannot accept another offer once your offer is "ratified" which generally means fully signed. If your offer has been accepted - then you are probably waiting on the acknowledgment for signature - your earnest money is a deposit so to speak and depending on how your contract is written it really has no bearing on acceptance unless of course your contract says your earnest money is attached to the offer or that your agent has the earnest money. Earnest money is generally outlined in the contract - the answer to when it is due will be found there -

talk to your agent - they can explain your offer better than anyone since they wrote it....
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0 votes 3 answers Share Flag
Tue Sep 7, 2010
Dan Tabit answered:
Linda,
Ask the agent who she represents. Contractually she will have to say she represents the seller, however there are agents who feel they can fairly represent two sides in a transaction. I do not think that is truly possible. There will always be some level of favoritism, and she is already in contractual relationship with the seller.
Since you have already been working with her, and she knows a fair bit about you and your interest in the property, it may be difficult to put the genie back in the bottle.
If we could go back in time, I'd suggest you get your own agent who can put your interests ahead of the Seller's. At this point, it may be too late regarding this property.
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0 votes 9 answers Share Flag
Wed Aug 8, 2007
Portland Real Estate Cafe answered:
You seemed to have left out the last part of your question...
0 votes 1 answer Share Flag
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