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IN GENERAL, whichever realtor shows you the home, the first time, is considered procuring cause.. Therefore, going to another realtor as buyer's agent now to buy those same homes may not be a feasible idea ... you are well advised to mention that to the "buyer's agent" (if you go that route), because you may start a "bad blood" situation in which you will be the ultimate person who suffers!!
I'm not sure if this was already brought up or not but if the homes you are looking at are already represented by a realty company, the realtor commission is already set in the sellers contract.
If you go sans "buyer's agent", the seller's agent may be willing to reduce their commission for the seller (seeing as they would get the full 5% or 6% instead of 2.5% or 3% if you brought an agent along with you) which means a lower offer COULD be entertained by the seller.
I would offer less than $600k. You have 4 homes/units to choose from and one of the owners will be more anxious to sell. You have the advantage. Seize it.
The homes may be right next door to each other - but should be treated as separate entities. The number in a small area tends to drive down the price and the seller will know it. Find the one you like - which is priced slightly more than one nearby. Tell the agent you were thinking of underbidding the amount on the less expensive home in the neighborhood - but you'd be willing to pay this asking price for the home you want (which will be slightly (moderately?) lower than the asking price of the more expensive home)
Home A = $500,000 (the one you want)
Home B = $455,000 (in the neighborhood and comparable)
Tell home A agent you were going to try to bid $425,000 on home B, but you'd rather have home A and would be willing to pay the $455,000 for it. This will be especially effective if Home A has been on the market some time, and uses a different listing agent than B.
I'm not sure if this was already brought up or not but if the homes you are looking at are already represented by a realty company, the realtor commission is already set in the sellers contract.
If you go sans "buyer's agent", the seller's agent may be willing to reduce their commission for the seller (seeing as they would get the full 5% or 6% instead of 2.5% or 3% if you brought an agent along with you) which means a lower offer COULD be entertained by the seller.
Good Luck!
see, i was thinking that it may work in my favor because of this extra money out there. the house we like most has been listed for about a year i believe, maybe more. they arent living there now.
I would offer less than $600k. You have 4 homes/units to choose from and one of the owners will be more anxious to sell. You have the advantage. Seize it.
im thinking of well below 600k. havent picked numbers yet though.
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