Should a Buyer's Agent Contact a Seller Directly?
It's not that unusual for home buyers to think that the world of real estate would be much easier if the sellers and buyers could just sit down together and discuss an offer. But there are many reasons to utilize the services of real estate agents. It is also possible that you could alienate the seller if you try to bypass their listing agent. While many sellers feel comfortable showing you around their home most of them do not want to discuss terms of an offer directly with a potential buyer. If they wanted to sell for sale by owner they would not have hired an agent.
Not only do sellers tend to feel uncomfortable talking about the terms of an offer, they do not want to bypass Plano Realtors because they know that their agent knows more about real estate than they do. They trust their listing agent. A real estate agent offers a seller experience, knowledge and a fiduciary responsibility. The agent acts as a buffer between both parties because a buyer of DFW homes goal is probably to buy that home for the lowest price possible and, on the other side of that, the seller's goal is to sell their home for the highest price possible.
In your case, you hired a buyer's agent to represent your best interests. Even though, in most cases, the seller is paying your agent to represent you, your agent is responsible only to you and not to the seller. It is your agent's job to present your offer to the listing agent. If you'd like your agent to present your offer directly to the seller, your agent can ask the listing agent for permission to do so. In those situations the listing agent is still present with the seller. This is not possible for Plano foreclosures because the offer must be submitted to the listing agent who will forward it along to the bank.
The Dangers of Going Directly to the Seller
If you feel that your buyer's agent is incapable of representing you to the extent that you feel a need to bypass the agent, you may want to hire a different agent. I'll give you a couple of actual examples, and from them perhaps you can come to your own decision.
A couple of years ago, a buyer wanted to buy a home in Dallas. He thought that the listing agent did not want him to buy the home for some unknown reason. The buyer believed that the listing agent might have wrote a counter offer and asked the seller to sign the counter offer without explaining its terms and ramifications to the seller. The buyer decided to go to the seller's house, knocked on his door and expressed his concerns. The seller was very polite but disinterested. After the buyer left, the seller called his agent and complained. This upset the listing agent. The listing agent was uncooperative from that point forward, and the buyer did not buy that home.
Is It Breaking the Rules to Bypass the Listing Agent?
In a different transaction, a listing agent explained to a buyer's agent what the buyer needed to do to buy their short sale listing. Of course, the buyer did not believe his agent and fired him and then went directly to the seller. The buyer was a young male and the seller was a mature, single woman. The seller interpreted the buyer's aggression, and she relayed her fears to her listing agent who then contacted the buyer's agent. The buyer asked if he could work directly with the listing agent but by this time his tactics had alienated everyone involved in the transaction, including the listing agent. The buyer ended up sabotaged his own transaction.
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