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Can I get an agent after I have submitted an offer?

I submitted an offer to the seller's agent and it was accepted. Now the lawyer is working on creating a contract. Can I get a realtor to represent me? If so, do I have to pay this realtor or will the seller pay my agent? Keep in mind, that I have not signed anything.
  • January 12 2012 - Manhattan
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Answers (6)

If you submitted an offer and it was accepted was it a verbal offer? It would have been better to start with an agent before you made the offer but since you say you did not sign any thing you could seek your own representation and submit an offer in writing. You do not have a contract until BOTH parties agree to the terms. If the agent you get can submit an offer and have it accepted, then the sellers agent could share the commission  with your agent or you can work out something with the agent in the event that there situation has progressed past a certain point. 

Always have your own representation before talking to the seller's agent.
  • January 16 2012
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The seller should be paying for Brokerage services on both sides of the deal.
Under the described circumstances, the contract coming back will probably not include payment for Brokerage services on your side of the deal, so you will have to counter offer with these fees for representation included.
At this point, find a good local Broker to review the paperwork you get back on your offer and let your Broker assist you in a counter offer taylored to your best interests.It is almost a certainty there will be more conditions in the contract you will want changed, and your Broker will help illuminate these, point by point.
Once it all is acceptable to you, sign away. 
  • January 13 2012
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If you really want to have a realtor to represent you, you can ask your attorney if you can cancel the contract without any cause, and submit it again.  As far as I know, typical contract should have a period for attorney review that buyer can cancel the contract for not giving any reason.  Your state may be different, check with your attorney.
  • January 13 2012
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I would suggest aksing the other agent....depending on what you signed so far and what your state laws are could determine your rights....
  • January 13 2012
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In our area, the buyer's agent is paid a commission by the seller only if they are the procuring cause of the sale. If the listing agent is the one that helped you view, investigate, and come to terms on the property, it may be hard to add your own agent at the seller's expense. That being said, your area and the seller's position on this may be different.

  • January 13 2012
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Do you mean you submitted a verbal offer, since you haven't sign anything? In my area, the answer is probably "yes". Just tell the listing agent that you want to be represented by your own agent; then, have your agent send over a compensation agreement. If the listing agent signs it, then you're good. Otherwise, you'll have to pay your agent's fee yourself.
  • January 13 2012
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