Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 09/20/2016
Made an offer without agent, seller's agent wants to be my agent
Like the subject says, I made a cash offer on a SFH home to the seller's agent. She just sent me an e-mail saying that she wants me to sign something that says she will be representing me as a buyer's agent as well, effectively becoming a dual agent. She's tried hard to get me to increase my price as much as possible, which tells me that she's working as a seller's agent.
First question: Is it a good idea to ask her I don't want her to be my agent? I'd rather her not represent me so I can figure out how to purchase properties on my own, and I made the offer on my own and would like to review the contract with a real estate lawyer. It feels a bit disingenuous for her to act as my agent and then tell me that I need to increase my offer to match the seller's asking price.
Second question: Do I have any leverage in this case? Otherwise, will she just become my agent by default?
Third question: If she becomes my agent, is there anything extra I have to pay in terms of fees? I'm aware of the standard 3% commission for each buyer agent and seller agent, and I know if she becomes my agent then she will basically get the whole 6%. And if she doesn't become my agent, she will have control to keep or rebate the 6% commission as she sees fit.
Sorry for all the questions!