Buying A Home
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Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
We don't like our Realtor...
She's shown us 3 houses. The first we all loved. And she has it in her mind that we HAVE to buy that house. It is a wonderful house. And my DH and I both like it, but we want to see others. We went to see one a couple days ago and she stood outside talking to her friend while we went in and looked around. She made it clear that she did not like the house. I called her a little while ago because we found another house in an awesome neighborhood that we want to see. But, when I said "Short Sale" she said "Ugh". It's like she doesn't care. Is there anyway we can get out of the contract we signed with her? It's for 6 months.
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Re: We don't like our Realtor...
Does she have a boss? If so, I would go to that person and ask to work w/ another realtor in the office.
If not, if she is the boss, then tell her you want out and why. What SHE thinks of a house doesn't matter. And if you fall in love w/ a short sale, well then, she better get ready to handle it then.
But seriously.... I would be really clear w/ her why you're unhappy.
~Benjamin Franklin
DS dx with celiac disease 5/28/10
She does have a boss. But, I think we will go the route of talking to her and telling her whats up.
I have a good friend that's a Realtor that has been showing us houses and I think she spoiled us. But, she's 9 months pregnant and in the hospital as I type this. I'm tempted to just wait to buy until she goes back to work from maternity leave...
Wow, I was just about to post the same exact thing. I know this is terrible but I'm not even sure we signed a contract. I've met with her twice and the first time she made me sign a brochure that disclosed the realtor expectations. I feel like an idiot for not realizing what I signed. Sorry to hijack your post. I guess the best thing is to communicate where the problems are.
Disclosure: I'm an agent.
If you're not feeling it, I bet she's not feeling it, either.
Some agents don't like doing short sales. They are a pain in the booty. It is about 3 times more work for a buyer's agent to guide you through a short sale vs. a regular, conventional sale. This is because there is a lot that can go wrong in such a transaction, and many of them don't even get approved. I would estimate only 1 in 3 short sale contracts go through.
So, if you are interested in short sales, and she's not, that's OK. Just explain your intentions, and ask if she's still willing to work with you. And if not, that's OK. Ask her to release you from your Exclusive Buyer Brokerage Agreement (or equivalent agreement) with an "it's not you, it's me" kind of thing.
Another thing to consider is that buyers are constantly told that something better will come along--especially in this market. I would like to tell you that if you love a house, go for it. What's out there isn't necessarily better. You can wear yourselves out if you are constantly searching for something better.
Good luck!
The funny thing is though that the house she really wants us to buy is a short sale also. That's whats so crazy about it all.
Nope. Not the listing agent. lol. We saw another house today and the whole time she's going "I like the other one better." SAME EXACT PRICE. Equally as good neighborhood.
I?m pretty new to this whole home buying business myself, and I will say this - if you absolutely love a home, don't let the realtor (or anyone else for that matter) sway you into not buying it just because they 'don't like it'...after all, you are the one who has to live in the home, not them.
Now, if they are saying this because there's something wrong with the house and are trying to save you from buying something you will wind up having to dump an obscene amount of money to fix, that's another story.
That being said, if you love the first house but still want to shop around, that's totally ok. I'm finding that every house I see, I love, but I think it's because I just want out of our current place since we've completely outgrown it, so anything that is bigger is a step up. hahaha
Good luck!
Disclosure: I'm an agent.
We give everyone one of our buyers and sellers the right to "fire" us at anytime. Sometimes relationships just don't work out.
Your agent will not be making the payments or living with you in YOUR home, so you have the final say. It is the agent's job to also present all offers. I may not like the offers I write on some, but they've hired me to do the work.
On the listing remarks you see may be different than what the agent sees. The buyers don't alway know the commission or special 'incentives' offered to other agents as a bonus for getting a deal in and closed by a certain date.
I have written offers on short (aka LONG) sales. They aren't my favorite, especially for clients going through the whole first time home buyer process (adds more stress to them) but again, it's my job.
We trust every buyer we have, so we don't have them sign a Buyer's Agreement until we write an offer on a home. We hope if we're good to them, they'll be good to us.
Good luck!
Get a new agent. You want someone who will support you, and she doesn't sound like she is. I hope you aren't in contract with her I've never heard of such a thing!