When Viewing Properties Without Your Agent
Traditionally, buyers will stop at a house for sale and be shown the
property by an agent sitting in the open house or by the owner. The
difficulty with that method is that the agent sitting there is usually the
listing agent, in most cases, he or she represents the seller.
Be careful about what you say to a listing agent. A listing agent's role is
to find a buyer, and to get as high a price and as good terms as possible
for the seller. He or she is required to inform the seller of any facts
that may influence the seller's decision about whether to accept an offer or
not.
For example, if you mention to the listing agent how much mortgage you are
qualified for; don't be surprised if the seller knows too.
Always keep in mind that you want to make your purchase under the best
terms. If an agent is not directly working for you, they could very well be
working against you.
To keep the viewing of the house uncomplicated and professional, tell the
person hosting the open house that you are working with a buyer agent
(assuming that you are) and that you will have the agent contact them with
additional questions. The person hosting the open house will appreciate
your honesty.
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