Buying A Home
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signing contract with realtor
We have been looking at homes with a realtor for about two weeks now. We currently live in an apartment, so we are not selling a house, just looking to buy one. She has not asked us to sign any sort of agreement or anything with her, which surprised me because I expected her to ask us to do that by now. Does not having an agreement with her hurt us at all? Should I ask her about it or just wait and see if she brings it up? And is there anything in particular I should be sure is in the agreement before we sign it?
Re: signing contract with realtor
Some buying agents do and some don't. It usually depends on your area.
I'd wait and see what she says. Not having an agreement is better for you. Even if you like her and she is a top notch professional being tied to someone specific isn't ideal.
If you do have to sign one, I'd do it for 3 months and no longer.
Not true in all markets. In some states this is the opposite. By default, the agent has the seller's best interest and not yours if you have not signed a buyer's agency.