Am I wasting my agent's time?

[Blaine Brown]

This is a three part question....Am I wasting my agent's time?  Should I ask to enter a buyers agreement?  Should I just approach the listing agent on my own?  I have zero investing experience.

Background...After speaking with a loan officer she suggested an agent that has worked with investors.  We went to look at a house I wanted to put an offer on.  I put in an offer and the bank accepted someone else's offer three days later.  Since then I've found other foreclosures and my agent has taken me to see them.  I put in other offers and the bank comes back with counter offers that I'm not even close to willing to pay.  I guess I don't feel like I'm lowballing since I'm offering the highest price where my numbers are working out.  

If I keep this up (since I have no intentions of stopping), will my agent eventually just get tired of me wasting his time?  He runs comps and tells me a price the house is probably worth, which in my opinion aren't fair comps because the houses I am looking at are in bad shape and cash only.  Comparing that to a nicely put together home doesn't seem right.  This is why I ask if I should enter a buyers agreement so I'm 100% sure he's looking out for my interests.  I feeling like approaching the listing agent on my own would be more beneficial only because he/she will get the full commission.  

Thanks for the thoughts,

Blaine

[Account Closed]

@Blaine Brown You might be better off submitting offers directly to the listing agent and just explain your agent you feel you're wasting his time. The listing agent has the responsibility of showing all the offers to the seller regardless of the size of your offer. 

You can also look at REO comps, although obviously it will be hard to come up with a value, it will give you some ball park number on how much investors pay for these properties.

I highly recommend you get your license. I recently got mine because I want to be able to see any property I want whenever I want without depending on the agent. Having a license will also help you cut on commissions which truly adds up and can make the difference between losing or making money on your first deal.