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Old 08-25-2008, 10:38 AM
 
12 posts, read 74,621 times
Reputation: 13

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My husband and I are looking to purchase our first home in NJ. We looked at a couple properties and have one that we are interested in. When we visited, we went by ourselves and also spoke briefly afterwards to the listing agent about our interest in the property. We didn't bring a broker but were not asked at any point if we were working with one.

If we are interested in getting one now to help us through the negotiation and closing process, can we still bring one in? Or is it too late if you don't bring one with you the first time to see the house?

Thanks in advance
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Old 08-25-2008, 10:54 AM
 
Location: Salem, OR
15,494 posts, read 40,186,319 times
Reputation: 17332
No it's not too late. Find an agent you like and then let them know the listing agent originally showed you the home. Let them take care of it from there.
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Old 08-25-2008, 11:14 AM
 
Location: Richmond, VA
2,309 posts, read 2,283,728 times
Reputation: 974
Yes, make sure you get one. They are there to protect your interests. Good luck!
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Old 08-25-2008, 11:39 AM
 
12 posts, read 74,621 times
Reputation: 13
What about if we did tell them we were not working with a broker?

If we change our mind and decide to use one, can we bring one in after the fact?
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Old 08-25-2008, 01:08 PM
 
Location: Salem, OR
15,494 posts, read 40,186,319 times
Reputation: 17332
It doesn't matter that you didn't have one picked out at the time.
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Old 08-25-2008, 01:11 PM
 
9 posts, read 23,617 times
Reputation: 12
You can get a buyers agent or just hire a real estate lawyer.

I did not use an agent to buy or sell my home, just a lawyer.

Do what makes you the most comfortable.
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Old 08-25-2008, 02:36 PM
 
Location: Pennsylvania, USA
5,224 posts, read 4,984,226 times
Reputation: 908
Quote:
Originally Posted by kikimar View Post
You can get a buyers agent or just hire a real estate lawyer.

I did not use an agent to buy or sell my home, just a lawyer.

Do what makes you the most comfortable.

A lawyer you'll need anyway..

BUT a lawyer does not sellhomes.. period.. AND the lawyer will not,unless they pay MLS dues and dues to NAR , have access to the MLS with the most up to date information there is (house that closed just yesterday etc.) In addition, they have not seen the inventory or been out in the field to get a sense for what homes should sell for.. THAT is what this buyer needs.

It's more important than ever.. because data from 3 months ago is no longer relevent to purchasing today. You need to know what a house similar sold for last week, 2 days ago etc. MLS has that immediatley.. public records takes time to update and is not accurate. With peoples pricing their homes all over the map ( some not realistic, some basing on 3 months ago sales..etc.) it's hard to navigate what the fair market value for a home is.

Go and get a buyers broker.. whose job it is to advise you as to what has sold and for how much protecting you from making a mistake in overpayng. The best part is that it doesn't come out of your pocket to have one.. it comes out of the transaction itself.. because in real estate compensation does not equal representation!
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Old 08-26-2008, 07:43 AM
 
38 posts, read 192,204 times
Reputation: 31
yes, you can buy a house without an agent, but it is much better and safer if you get one.. Hope it is not too late.. Goodluck!
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Old 08-26-2008, 07:56 AM
 
Location: Stewartsville, NJ
7,577 posts, read 22,544,335 times
Reputation: 1260
Quote:
Originally Posted by nycgirl610 View Post
My husband and I are looking to purchase our first home in NJ. We looked at a couple properties and have one that we are interested in. When we visited, we went by ourselves and also spoke briefly afterwards to the listing agent about our interest in the property. We didn't bring a broker but were not asked at any point if we were working with one.

If we are interested in getting one now to help us through the negotiation and closing process, can we still bring one in? Or is it too late if you don't bring one with you the first time to see the house?

Thanks in advance
welcome to Jersey . This is "my island" so if you have any questions on different areas, just ask!
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Old 08-26-2008, 08:09 AM
 
Location: Cranford NJ
1,049 posts, read 4,006,605 times
Reputation: 405
The open house agent is not your agent, if there is a problem, just tell them that you are not comfortable with dual agency. Where are you buying?
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