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Updated about 11 years ago on . Most recent reply
REI Investing & RE License... specific situation
Hey all,
I know this is a very well-covered topic but most of what I can find is theoretical. Yesterday I e-mailed some listing companies about homes I saw on Craigslist, asking to see them, and letting them know I would be working with an agent (both my mom & I have our licenses). I haven't signed onto a firm yet but she has done it independently on a part-time basis for a number of years.
I got some backlash from the company, asking if I'd signed a buyer agreement and that I needed my agent to contact them. In this case, are they just trying make sure they completely cover their butt or did I do something wrong? My last deal I looked at (that I ended up purchasing), I did the same thing... e-mailed the listing agent and asked to see the property, telling him that I was already working with a buyer's agent. We made an appointment, he showed me the house (with my mom there), I liked it enough to go back a second time and then put it under contract. Seemed seamless to me.
So I guess I am just having trouble sifting through the gray area between. Any input would be appreciated!
Most Popular Reply
I don't think you understood, sadly.
It's not about the commission, it's about not wanting to get reported to their board of Realtors. You are not supposed to negotiate directly with someone represented by an agent, the same way an attorney won't talk to you when you're represented by an attorney. They'll tell you to have your attorney call them, the same way these guys told you to have your agent call them.
Isn't it obvious?