When making an offer on a property, you have the option to submit your offer through the listing agent, who represents the seller, or to hire a buyer’s agent to represent you. If you choose to submit your offer through the listing agent, it’s important to understand that the agent has a legal obligation to present all offers to the seller, but they may not necessarily advocate for your interests as the buyer.
Additionally, if you have any questions or concerns about the property or the buying process, the listing agent may not be able to provide you with unbiased advice or guidance, as they are working for the seller and their priority is to secure the best deal for their client.
Therefore, it’s recommended that you hire a buyer’s agent to represent you when making an offer on a property. A buyer’s agent has a legal obligation to represent your interests and can provide you with guidance throughout the buying process. They can also help you to negotiate a fair price and assist with any issues that may arise during the inspection or closing process.
For argument’s sake, suppose you see a property that is “just perfect” and you don’t have an agent yet? Do you make an offer with the listing agent?
Well, most deals have two agents involved. The listing agent markets the house and represents the seller. The selling agent represents the buyer. The seller pays the real estate commissions to both agents.