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Updated about 4 years ago on . Most recent reply

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Jerry Mical
  • Charlotte, NC
4
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23
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HUD question - Which realtor to use?

Jerry Mical
  • Charlotte, NC
Posted

I found a HUD home in Louisiana that I am interested in touring while visiting for the Thanksgiving Holidays. Should I reach out to a realtor/broker with a HUD license (i.e. would become my buyer's agent) to tour the home or should I reach out to the seller agent on the listing? Don't want to go down the wrong path and haven't dealt with HUD homes before. Thanks in advance!

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David M.
  • Morris County, NJ
2,575
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David M.
  • Morris County, NJ
Replied

@Jerry Mical

For one, there isn't a separate HUD license to broker real estate. You should double check, but I believe HUD may not allow the listing agent to represent you. Either way, its up to you as to whether you want your own representation. Your State may not even allow dual representation. Also, most distressed home listing agents don't deal with buyers (at least not so much in my market). Get your own Realtor to have your own representation.

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