Profile picture for DawnRobinson5

Listing Agent Problem

I found a home through Fannie Mae that they still have in their system as active and not under contract. They told me to contact the listing agent but that agent no longer has the listing. I'm stuck with nobody to contact. All the Realtor sites show the house as no longer active but all the sites connected to Fannie Mae show that the house is still active. How do I get out of the circle to "nowhere" that I'm currently in? 
  • November 03 2013 - US
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Answers (6)

Profile picture for Rebecca Marvel
The FNMA site should show the listing agent.  Look carefully.
  • November 03 2013
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It sounds like Fannie Mae pulled the listing from the 1st agent and is in the process of placing the listing with a new agent. This would be the only reason the agent no longer has the listing - other than having sold it.

While it may show active on Fannie Mae, until there's a new listing agent you may have to wait to view the property and write a contract. And FYI, you should probably use an agent other than the listing agent if you're planning on purchasing the home.
  • November 03 2013
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Profile picture for atwittsend
It may have gone to Auction status, but should still have an Agent attached to it... unless it is gone already.  Is it still on HomePath?  What is the address?
  • November 03 2013
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I agree 100% with Mike Emery, That is the work of a buyer's agent. You get all of the benefits of a real estate professional for no cost. (99.5% of the time).
Let an agent research the property and deal with big fannie for you.
Good Luck!
  • November 03 2013
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Profile picture for johnthyne
Dawn, I agree with the response that it should show the listing agent on the Homepath website for Fannie Mae, but I think that you said you did contact that agent and they no longer have the listing. Sometimes when Fannie Mae switches agents - it takes a couple of days for the MLS to catch up as the new agent has to go through a process to list it on the MLS and get the proper paperwork from Fannie Mae. Give it a day or two and check back on the Fannie Mae website to see if the agent is listed. I would also recommend that you consider putting the address in to Zillow and a premiere agent (Zillow Premiere Agent) will most likely be able to help you and actually end up representing you as a buyer to help you get the best deal and terms.  Good Luck!!
  • November 03 2013
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Contact a buyers agent so you have exclusive representation. Dealing with Fannie Mae can be tedious and involved.  The listing agent represents Fannie Mae not you.

A buyers agent may be able to find out if a new agent has been assigned.
  • November 03 2013
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