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Updated over 8 years ago on . Most recent reply

User Stats

53
Posts
6
Votes
Demjan Van Der Kach
  • Investor
  • Phoenix, AZ
6
Votes |
53
Posts

Can I buy a house without an agent/realtor in AZ?

Demjan Van Der Kach
  • Investor
  • Phoenix, AZ
Posted

Hello All,

Real estate is amazing! it makes me learn every day. I have a question about buying a house without an agent. Objective to save the costs, active learning, treating it like a business... Scenario: I like a certain house. It is family owned SFH. It's listed on zillow and there is the sign on the road... I wanna contact the seller directly and make a verbal offer. Say the seller agrees to D-I-Y and signs the offer. If the seller has an agent - could we drop it and deal directly? I recently bought the house and roughly understand what needs to be done. Could the transaction be done??? or it is a really bad idea with many risks involved including the seller cooperation...? Any personal experience? Wholesellers do it, why cant I do it? I know it is not easy but still.... I would ask the attorney to review some docs. I have several contacts in my folders to follow the steps and actually recently closed a RE transaction with an agent - so the memories are fresh... I always can ask somebody... and the mortgage is not a problem. Inspection and terms are understood, appraisal, good relationships with Title company, insurance agent and mortgage banker should not be a problem... The house has an HOA... could be a little pain but I am excited to try!

Please fill me in!

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