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Answers (13)
- Maria Avellaneda, "MAvellaneda"
- Contributions:278
If you have 2 realtors is because there is a trust issue. Once you commit to someone you like and trust , that realtor would be commited by law to have your best interrest at heart if there is a written consent to that commitment.
If you don't sign, the realtor have no obligation to you just like you don't have it to the realtor! It really is a two way st. Find someone you like; there are a lot of good and some bad realtors!
If you don't sign, the realtor have no obligation to you just like you don't have it to the realtor! It really is a two way st. Find someone you like; there are a lot of good and some bad realtors!
- Deborah Holmes, "Debbie Holmes"
- Contributions:386
Find a real estate agent you like and trust. You can interview them and see if they work with your needs. If they are serving you it is only right to use them for buying your home. If they give you inadequate service it is reasonable to change. I know I do several hours of work before I even meet my customer. I do not have buyers sign the exclusive buyers agreement and I have only been hurt once. I don't like it because I feel if I provide good service most people will stick with me. It is actually rude to use two of us at the same time for the same sale. One of us would be working for free. That isn't right. If too many of our customers use two agents we become more likely to insist on the buyers agreement to protect ourselves.
- Robin Lynch, "robin398"
- Contributions:1935
Hi aepstein773852,
There are agents who will push buyer agency on you and practically force you to sign an exclusive right to represent you contract that would be in effect for a specified period of time and that you have to work with that agent only.
I believe it is important for you to find an agent who will work in your best interest without having you sign an exclusive right to represent. You do need to interview agents in order to get to that level of trust and ease.
Robin Lynch
Keller Williams Realty Group
There are agents who will push buyer agency on you and practically force you to sign an exclusive right to represent you contract that would be in effect for a specified period of time and that you have to work with that agent only.
I believe it is important for you to find an agent who will work in your best interest without having you sign an exclusive right to represent. You do need to interview agents in order to get to that level of trust and ease.
Robin Lynch
Keller Williams Realty Group
- Robin Lynch, "robin398"
- Contributions:1935
Please remember agents that your contact information needs to be in your profile only. This includes email addresses, phone numbers and websites. Otherwise it is considered SPAM (self-promotional).
- Amy Piggee, "Amy Piggee"
- Contributions:2
I also concur with the others. You really want one professional looking out for your best interest at all times. I would also suggest finding a realtor that really knows the neighborhood(s) you are interested in. Interview a few agents and then make your decision based on those consultations. If you would like to meet with me, please let me know and I would be happy to help. I have many references.
Amy Piggee
Edina Realty
[contact info removed by moderator]
Amy Piggee
Edina Realty
[contact info removed by moderator]
- Nancy Lee, "An OrderLee Home"
- Contributions:1195
I encourage you to listen to Pasa. Interview several and find one agent (be they Realtor® or a licensed, trained, professional who does not chose to join NAR). A buyers' agent can be a truly amazing help both in finding and in purchasing a home. I have had buyer's agents practically walk on water for me in the past. But, one good one is enough. And avoids Pasa's list of probable complications.
- Simon Mills, "Mills Realty"
- Contributions:1858
You will be better served working with one Realtor that is dedicated to you. You should interview agents just like you would if you were selling. Decide on which one is right for you and then move forward.
Simon Mills
Mills Realty
Simon Mills
Mills Realty
- Bryan Cady, "bcady"
- Contributions:124
In my opinion, once you find the right Realtor, one is sufficient. Since I value both my client's time as well as mine, I choose to work exclusively for my clients and ask that my clients do the same. I would focus your Realtor search to one that:
1) Has a focus and experience in your specific area of interest;
2) Is responsive to your emails and phone calls and
3) Has access to deals and opportunities not in the MLS
1) Has a focus and experience in your specific area of interest;
2) Is responsive to your emails and phone calls and
3) Has access to deals and opportunities not in the MLS
- Pasadenan
- Contributions:21466
None of them seemed to answer your question about why you don't want to have two or more agents competing against each other for the same 1 eventual transaction.
First, they won't compete against each other, they will just stop searching realizing that you plan to cut them out of the commission for their work.
Second, if they even suspect that you might try that, they will have you sign an exclusive agent agreement to guaranty they will be paid even if you do find the property by yourself or have another agent write an offer for you.
Third, they may sue you for their commission if you buy with another buyer agent (selling agent) when there was an understanding that you were working with them, and they had put in substantial work.
Make sure you know up front what the agreement is between you and the agent; and make sure if the agent is not doing what you expect, that you let them know so that they can change, or so you can select a different agent without upsetting the present agent.
As for Realtors©, the word is not "copyrighted" it is a "registered trade mark", thus should be written "Realtors®".
Forget the Realtor; NAR is highly over rated and has only been spreading false propaganda since before the bubble. There are plenty of agents that are not NAR propagandists. If you do select a Realtor, make sure you tell them that you don't want to hear any of the NAR talking points, or you are finding other representation.
First, they won't compete against each other, they will just stop searching realizing that you plan to cut them out of the commission for their work.
Second, if they even suspect that you might try that, they will have you sign an exclusive agent agreement to guaranty they will be paid even if you do find the property by yourself or have another agent write an offer for you.
Third, they may sue you for their commission if you buy with another buyer agent (selling agent) when there was an understanding that you were working with them, and they had put in substantial work.
Make sure you know up front what the agreement is between you and the agent; and make sure if the agent is not doing what you expect, that you let them know so that they can change, or so you can select a different agent without upsetting the present agent.
As for Realtors©, the word is not "copyrighted" it is a "registered trade mark", thus should be written "Realtors®".
Forget the Realtor; NAR is highly over rated and has only been spreading false propaganda since before the bubble. There are plenty of agents that are not NAR propagandists. If you do select a Realtor, make sure you tell them that you don't want to hear any of the NAR talking points, or you are finding other representation.
- Linda Fernandez, "Linda Fernandez"
- Contributions:187
Hi
You need to work with an Agent who specializes in the area you want to purchase, and that you feel is working hard for you. I have many satisfied clients.
Feel free to call or email me to furthur discuss
Cell# [contact info removed by moderator]
You need to work with an Agent who specializes in the area you want to purchase, and that you feel is working hard for you. I have many satisfied clients.
Feel free to call or email me to furthur discuss
Cell# [contact info removed by moderator]
- Marty Remo- REMO@RE/MAX!, "Remo Realty Group"
- Contributions:329
I think that you need to find the right realtor. Someone that honest & experienced. Most importantly, someone that you feel comfortable working with.
[link removed by moderator]
[link removed by moderator]
- James Callas, "ABBAUSA"
- Contributions:960
In Texas we have a saying......One Riot.....One Ranger.
In Texas and other fine states..........One Transaction Side One Realtor©
When I am contacted I always ask if they have a Realtor©, if the answer is yes, then I ask them to have the Realtor© to contact me.
I stress that they should only be working with one Realtor©
One Realtor© per Buyer and One Realtor© per Seller.
Good Luck!
James Callas - Realtor®
In Texas and other fine states..........One Transaction Side One Realtor©
When I am contacted I always ask if they have a Realtor©, if the answer is yes, then I ask them to have the Realtor© to contact me.
I stress that they should only be working with one Realtor©
One Realtor© per Buyer and One Realtor© per Seller.
Good Luck!
James Callas - Realtor®
- Jenifer Nixon, "jensells"
- Contributions:16
A realtor can be an asset for sure in buying or selling. As a buyer you can actaully save thousands on your purchase by having a good realtor represent you in the purchase. Working with multiple realtors generally doesn't work out in your best interest. You should take a little time to interview a few different realtors and also talk to other people you know who may have had a recent sale or purchase. I think it is very important you have a realtor you trust and feel comfortable calling on at anytime with any question. As realtors we have ethics we are bound by and it can actually become more of a pain for you to have more than one realtor looking for property for you, at some point they will likely have the same listings to show you. Since we all have much of the same information to pull from it then falls on you to have to decide who you want to show you what house. You could find yourself ending up stuck with a reatlor you don't like by working this way. We have threshold laws we abide by. If you are shown a home by realtor A, and it is also on Realtor B's list, Realtor A would be the one you would have to use to do the purchase since they actually took you there first. It can get nasty and complicated so be careful cause you don't want to end up in that mess I promise!!
If you have any other questions or need more detailed info feel free to email me and I would be happy to answer any questions you might have.
If you have any other questions or need more detailed info feel free to email me and I would be happy to answer any questions you might have.
buyin w/o mortgage in the next 2 months. Is it better to have more than one realtor?
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