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Updated about 5 years ago on . Most recent reply

User Stats

7
Posts
6
Votes
Taron Wright
6
Votes |
7
Posts

New Investor need help

Taron Wright
Posted

I’m a new investor looking to get into my first house hacking. Found an agent who seems amazing. Good reviews, invests themselves, referenced, helped me find great financing etc... but they want to lock me in with a exclusive buyers agreement. I’ve heard good and bad reviews. What are your thoughts?

Most Popular Reply

User Stats

55
Posts
34
Votes
Jake Davis
  • Investor
  • Burlington, NJ
34
Votes |
55
Posts
Jake Davis
  • Investor
  • Burlington, NJ
Replied

All your agent is doing is covering their own butt. Pretty much just saying that if you go somewhere else, they are being paid. Most agents will be more tentative with that signed, but you as the buyer should be sure that you want to use that person as your agent. No one wants to work for free, this agent may have had bad experience before as well.


You’re definitely not wrong for having mixed signals though, some people will sign that and then they get the agent from hell. I don’t see that being the case here though. 

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