- Can you contact a listing agent directly?
- Can you talk to the seller when buying a house?
- Is it OK to tip your realtor?
- What happens if seller doesn’t disclose?
- What do you say when calling a realtor?
- Do buyers and sellers meet at closing?
- Is it illegal to contact the seller of a house?
- Do you give Realtor a gift at closing?
- What to wear to closing?
- What do you give your realtor at closing?
- Can I sue seller for non disclosure?
- Can agents lie about other offers?
- Can I offer 10 percent below asking price?
- Can a seller ignore an offer?
- Why do Realtors not want buyers and sellers to meet?
- Can you sue the person you bought a house from?
- Can you sue someone for selling you a bad house?
- Can a seller’s agent also represent the buyer?
Can you contact a listing agent directly?
Can buyers contact a listing agent directly.
The only people who may frown upon contacting a listing agent are buyer’s agents, who make their commissions based on representing buyers.
But there is no law or rule saying a buyer cannot contact a listing agent..
Can you talk to the seller when buying a house?
Buyer’s agents are trained to gather information and use it against the seller. Agents who are REALTORS® are not allowed to talk to the seller in a manner that would be deemed unethical. 1 However, not every agent is a member of the National Association of REALTORS®.
Is it OK to tip your realtor?
You should not tip your Realtor, in any way. It is neither expected or considered the standard practice. In fact, some real estate agents say that gifts or bonuses make them uncomfortable. Tips can actually cause them extra work to ensure they stay within the law and adhere to their licensing regulations.
What happens if seller doesn’t disclose?
When a seller fails to disclose a material, latent defect, that seller is liable for any costs the purchaser has to pay to remedy the situation. This liability extends to the listing agent. … The owner and agent may remain liable even if the buyer’s inspector does not discover the defect(s) during inspection.
What do you say when calling a realtor?
The best thing you can do is leave a brief email. If it’s too long the realtor will open it and see how long it is and think “I don’t have time to read this right now, I’ll read it later” and then they forget. I would just say Hi, my name is ____ and I’m looking to buy a home in ____ area.
Do buyers and sellers meet at closing?
During the closing process, the final documents are signed to pass the home from the buyer to the seller. … However, when everything comes together, the buyer, seller, Realtors®, and title representatives come together at the closing to exchange ownership of the house.
Is it illegal to contact the seller of a house?
Contact the seller. It’s unlikely your real estate agent will be happy with your doing this, but it’s not illegal for you to contact the seller directly to ask about your offer.
Do you give Realtor a gift at closing?
You’re not required to give your realtor a gift after closing. In fact, realtors and other real estate agents rarely get gifts at closing. … Many realtors are pleasantly surprised when a client sends them a gift after closing because it’s not expected; however, it’s greatly appreciated.
What to wear to closing?
There are really only two rules when it comes to proper attire for a home closing: 1) the Realtors and other professionals (closers and lender) should wear formal business attire (sorry, no “business casual”); 2) clients can wear whatever they want.
What do you give your realtor at closing?
Depending on how well you know your realtor, you could give them a more personalized gift, or simply a nice bottle of wine or a gift card would suffice. You should also consider how much you want to spend. Typically, the idea of receiving a gift at all is enough to warm an agent’s heart.
Can I sue seller for non disclosure?
In general, if the defect existed before you bought the home and the seller failed to disclose the defect, and you incurred monetary damages as a result, you can sue the seller or another party for breach of contract. A successful lawsuit could result in payment for the cost of repairs.
Can agents lie about other offers?
As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer if requested.
Can I offer 10 percent below asking price?
Unless there is a significant number of people interested in the property, start low. Around 5% to 10% below the asking price is a good place to begin. Make your offer in writing as there’s less chance for confusion and only offer more than the asking price if you know that someone else has already offered that much.
Can a seller ignore an offer?
A seller may dismiss an offer altogether if they believe it to be unreasonable, incomplete, or otherwise not in their best interests. … Sellers may also choose to ignore offers that contain what they see as unreasonable terms, such as little or no earnest money deposit or excessive seller concessions.
Why do Realtors not want buyers and sellers to meet?
Why is it that agents are so reluctant to let buyers and sellers get together? Unlike most business deals, the sale of a home can get very personal and real estate agents are nervous about the parties dealing with each other. That’s because most agents have seen what can go wrong when buyers and sellers meet directly.
Can you sue the person you bought a house from?
Even if you think you’ve been wronged, you can’t sue everyone who was involved in the sale of your home. … As mentioned, nearly every U.S. state has laws requiring sellers to advise buyers of certain defects in the property, typically by filling out a standard disclosure form before the sale is completed.
Can you sue someone for selling you a bad house?
Here’s the good news. You are (probably) within your rights to sue someone who knowingly sells you a house with serious problems. “Most U.S. states have a home seller disclosure law that requires a seller to disclose defects in the home that they are aware of.
Can a seller’s agent also represent the buyer?
Legally speaking, a dual agent is a real estate broker, or agents working for the same broker, who act on behalf of both the seller and the buyer in a transaction. A broker is permitted to act as a dual agent in California only if the buyer and seller are both aware of and consent to the dual agency.