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Updated over 15 years ago on . Most recent reply

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14
Posts
1
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Sheila B.
  • Investor
  • Desoto, TX
1
Votes |
14
Posts

Commercial Newbie Question

Sheila B.
  • Investor
  • Desoto, TX
Posted

How ridiculous is it of me to negotiate with a seller’s broker rather than have a broker represent me? What are the dangers I should look for (if any), or should I not do it at all?

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Account Closed
  • OR
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Account Closed
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Replied

The agent will have you sign a double agency form indicating that you are aware that he is representing both buyer and seller.

I would buy a property that my own agent had listed. But if I am looking at a listing from a strange agent, I would have my own representation. You aren't going to pay any more in commission.

The exceptionj would be if you really really know what you are doing and can talk the agent into cutting his commission because he is getting paid from both sides.

My agent, their agent, the Three Musketeers..... I never ever give any agent any information that would harm me if the sellers heard it.

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