All Forum Posts by: Tiesha M.

Thanks @Account Closed  I was thinking somewhat along the lines you are saying :-)

Thanks! @Curt Davis 

ok thanks so much @Ned Carey 

You may be partially correct @Wayne Brooks   He did speak to the agent, I just never heard of it being to late to submit an offer before any offers have been accepted. Also, he has said other things that make me question whether he is honest, competent, and/or lazy.

Thanks for your insight @Jeremy Tillotson 

Thanks @Deborah Pyburn 

Do I need to tell him that I no longer need/want his services?

Thanks! @Ned Carey 

Do I need to tell him that I no longer need/want his services?

Hello!

I live in Baltimore, Maryland. I recently had a realtor show me a house. I have not signed a Buyer Agency agreement with that realtor. The house is owned by Fannie Mae and there is 3 days until the First Look period ends and investors can put in offers. I like the house and want to put in an offer on the house. I've asked the realtor several times to send me comps for the house. After asking several times, he has not sent me comps for the house and doesn't seem to plan to. When I asked him to send me comps for the house in case I want to put in an offer once the First Look period is over, he said it was too late because there were already some acceptable offers on the house from owner occupants. Please note, as of the time my agent and I spoke, none of the offers had been accepted and online the property has an active status.

My question is since my realtor does not want to send me comps or allow me to put in an offer, can I have another realtor put in an offer on the house for me without having any repercussions like having to pay my current realtor a commission? For those reasons and other reasons I do not want to work with this realtor anymore. I'm not sure how to proceed. As stated before, I do not have a Buyer Agency Agreement with this realtor. Anyone know how to deal with this?

That looks like quite a task for a newbie to take on. I'm not an expert, however it seems like  you're basing your thoughts and getting estimates based on only the issues you see. Who knows how much unseen damage/problems there are. I definitely agree with getting an inspector. That could save you thousands of dollars, hours, and a headache or at least confirm what you're already thinking. That house could be a money pit or death trap for a newbie to work on. You can probably find a similar deal without all the hassle or without such major repairs. I'm not trying to be a downer, but would hate for you to get in over your head especially on your first property. I've heard it recommemded several times for newbies to start with more cosmetic work, not so many major repairs. Plus, this doesn't even meet the 2% rule with your current figures. However, as always do your due diligence. Don't rush. Find out as much info as you can before you make your decision.

okay, good suggestions. Thanks @Jeff K. !