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notfarnow notfarnow is offline
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Join Date: Aug 2004
Location: New Brunswick, Canada
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Quote:
Originally Posted by stomachmonkey View Post
The realtor wants to know if you already have a realtor because he may feel it's not be worth the time for him to split commission on $85k.
Hard to imagine he'd avoid teh sale if it wasn't double ended. Probably just doesn't want to spend a bunch of time talking about the property and showing it if the offer is going to come through another agent. When someone calls me, I always ask if they are already working with a realtor.

Quote:
Originally Posted by stomachmonkey View Post
Ditto on the pre approval, they won't spend their time or a sellers time on it to have it go no where because you don't end up getting a mortgage.
Yep. I always ask <100k buyers if they've been to a bank yet. Lots of newbies, dreamers ands schemers. Very easy to spend a LOT of time on a deal that has no $$ behind it.

Downside to dealing with the listing agent is you never really know who's interest he has in mind... the buyers, the sellers or his.

Upside is that because he is getting both ends, he may be able to cut commission to bring a deal together if it's a squeaker
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Last edited by notfarnow; 08-20-2009 at 04:13 PM..
Old 08-20-2009, 04:01 PM
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