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Replies (12)
- Vince Curtis, "SoCal Appraiser"
- Contributions:4699
Why dont you post how much you DO have to purchase a home here and see if any loan agents can help you get a loan, or simply go here....
- Sharon Lewis, "Sharon Lewis"
- Contributions:3917
The listing agent of any house you want to see, HAS to show it to you. A buyers agent for sure, would not want to waste their time showing you a home when you so clearly do not want to work with them.....would you work for free?
- Jim Garcia, "jimgar99"
- Contributions:11
If you were a Seller and a complete stranger wanted to see the inside of your house with all of your goods, would you let them in? Hopefully not.
In Colorado, Buyer Agent fees are paid by the Seller. So as a Buyer it costs you nothing to be fully represented. With that being said, if I was a Seller, I would not let you near my house.
Trying to do it yourself will probably cost you money because a Buyer Agent can help you identify what should be the right price and terms for the property, financing alternatives, what the seller should pay for in the transaction, etc.
Also in Colorado, most real estate transactions use the state written and approved contracts. A seasoned Buyer Agent understands how to complete the contracts in your best interests. If the contracts are not completed correctly, you could have some serious issues.
Jim Garcia
Your Castle Real Estate
[contact information deleted by Zillow moderator. Please review our Good Neighbor Policy for posting guidelines]
In Colorado, Buyer Agent fees are paid by the Seller. So as a Buyer it costs you nothing to be fully represented. With that being said, if I was a Seller, I would not let you near my house.
Trying to do it yourself will probably cost you money because a Buyer Agent can help you identify what should be the right price and terms for the property, financing alternatives, what the seller should pay for in the transaction, etc.
Also in Colorado, most real estate transactions use the state written and approved contracts. A seasoned Buyer Agent understands how to complete the contracts in your best interests. If the contracts are not completed correctly, you could have some serious issues.
Jim Garcia
Your Castle Real Estate
[contact information deleted by Zillow moderator. Please review our Good Neighbor Policy for posting guidelines]
- Cindy Quinton, "Cindy Quinton"
- Contributions:1322
@ Jim Garcia, I don't understand based on Jason's post why if you were a seller (or representing a seller, I assume) why you would refuse to show him a home? I don't understand.
Also, you might want to read this link: http://www.zillow.com/howto/GoodNeighborPolicy.htm
- Wes Black
- Contributions:509
Sorry to hear about your finding "dud" agents. There are some out there who are very interested , enthusiastic and knowledgeable.
- Pat Pribisko, "Pat Pribisko"
- Contributions:1426
I suggest that you retain a Buyer's Agent to represent your interests only, at no cost to you. Yes, the Seller does pay the Buyer's Agent's commission, but the Seller has no relationship with the Buyer's Agent.
- Jim Garcia, "jimgar99"
- Contributions:11
If I was representing the Buyer or the Seller as an Agent I would absolutely show the house. But if I was a Selling my house and a stranger knocked on my front door and said "I'd like to Buy your house, can I come in and look around?". I'd be locking the door and calling the cops.
You have no idea who that person is or their intentions.
You have no idea who that person is or their intentions.
- grokster
- Contributions:27
Hey everyone, thanks for your answers - I think I muddied the water by including my experience so far with finding homes "suddenly unavailable" after I say "I'm representing myself".
I was after a discussion on using mysixpercent.com to buy myself.
I think I'll delete this and post a simplified question..
By the way, I'm no stranger knocking on anyone's door - I'm a buyer that phones the listing agent to ask to be shown the house. I don't have a buyer's agent, and I don't wish to use the listing agent as such either.. What I'm finding is that the tone changes and I'm being told that it's not available, or it's under offer, or I'll get back to you.. etc. etc.
I feel that the poor sellers are probably unaware this is happening, and It makes me wonder what else is going on.
I was after a discussion on using mysixpercent.com to buy myself.
I think I'll delete this and post a simplified question..
By the way, I'm no stranger knocking on anyone's door - I'm a buyer that phones the listing agent to ask to be shown the house. I don't have a buyer's agent, and I don't wish to use the listing agent as such either.. What I'm finding is that the tone changes and I'm being told that it's not available, or it's under offer, or I'll get back to you.. etc. etc.
I feel that the poor sellers are probably unaware this is happening, and It makes me wonder what else is going on.
- Pasadenan
- Contributions:21453
If a listing agent "shows" you as an individual a house, without you being represented, the contract states they become "your" agent, which becomes a "conflict of interest" for their client. They legally cannot do that without the consent of their client.
They have scheduled "open houses" if you want them to show you the house without implied agency. But as a "listing agent", their responsibility is not escorting buyers through the property... that is the "selling agent's" responsibility.
Of course, many agents will still show you the property, and then steer you to something else so that they can represent you without a conflict of interest with their existing clients. Others will find someone else in their office to show you the property, to avoid the "duel agency" situation, and so that their broker can still collect both halves of the deal. Besides, the someone else in their office is a "good friend", so they like sharing their windfalls.
They have scheduled "open houses" if you want them to show you the house without implied agency. But as a "listing agent", their responsibility is not escorting buyers through the property... that is the "selling agent's" responsibility.
Of course, many agents will still show you the property, and then steer you to something else so that they can represent you without a conflict of interest with their existing clients. Others will find someone else in their office to show you the property, to avoid the "duel agency" situation, and so that their broker can still collect both halves of the deal. Besides, the someone else in their office is a "good friend", so they like sharing their windfalls.
- grokster
- Contributions:27
Hmmm, seems I can't delete this thread.. Sorry folks!
- Dan, "the_country_hick"
- Contributions:4694
Jim, "If I was representing the Buyer or the Seller as an Agent I would absolutely show the house. But if I was a Selling my house and a stranger knocked on my front door and said "I'd like to Buy your house, can I come in and look around?". I'd be locking the door and calling the cops."
How is that any different from a buyers agent knocking on the door (or just breaking in using the lock box) and looking around the house? Either one is a stranger. Many realtors knock on doors asking if the person would like to sell their house unasked, unannounced, and with no for sale sign there. Does being a NAR member make it any different? If so how?
How is that any different from a buyers agent knocking on the door (or just breaking in using the lock box) and looking around the house? Either one is a stranger. Many realtors knock on doors asking if the person would like to sell their house unasked, unannounced, and with no for sale sign there. Does being a NAR member make it any different? If so how?
- Alisa Hagner, "AlisaDenver"
- Contributions:381
As a listing agent, I have promised the owner that I will only show their house to a qualified buyer. Do you provide the name of your lender, or proof of funds to the listing broker?
If I am showing an unrepresented buyer a property, I would like to meet them, counsel them before I pop tart and show them any home they have contacted me about.
Real Estate Brokers are not a public utility.
If you are telling these brokers upfront that you want the buyer's agent fee taken off the list price, you should not. Offer what you wish and leave the fees out of your contract.
If I am showing an unrepresented buyer a property, I would like to meet them, counsel them before I pop tart and show them any home they have contacted me about.
Real Estate Brokers are not a public utility.
If you are telling these brokers upfront that you want the buyer's agent fee taken off the list price, you should not. Offer what you wish and leave the fees out of your contract.
Has anyone used mysixpercent.com successfully?
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