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Updated over 14 years ago on . Most recent reply

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26
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1
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David Chan
  • nasvhille, TN
1
Votes |
26
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Buyers agent for Freddie Mac REO?

David Chan
  • nasvhille, TN
Posted

I was wondering if i need a buyers agent to represent me in buying a freddie mac reo. This will be my first time investing so i was not sure if i needed the a buyer's to agent to rep me or not. What exactly will a buyer's agent do to for me?

Most Popular Reply

User Stats

628
Posts
251
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Don Hines
  • Investor
  • Little Rock, AR
251
Votes |
628
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Don Hines
  • Investor
  • Little Rock, AR
Replied

Unless you have an agent lined up that you like/trust, I would contact the listing agent. They cannot represent both you and the bank. But, they will have a buddy; probably in the same office. Remember, the bank will pay all of the realtor's fees on your pruchase. An agent will not cost you anything.
I have an agent that sends me deals and is a rehabber too. I try to use him on all of my purchases.
Don

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