If I am shown a house by a real estate agent, can I use someone ELSE to negotiate the terms and price for that home?
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M$2 Answers
Sometimes they are one and the same, which is known as "double-popping," and is highly desirable, as they won't have to split the sales commission with another agent. Frequently, if you are just out house shopping without an agent, the seller's agent will try to land you as a customer, hoping they can sell you a house they are representing for someone else.
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M$Keep in mind that the agent and his broker who have listed the property ALWAYS represent the seller and must look out for the seller's interest. They may practice "dual agency" where they represent you both, but few practice such a risky venture.
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M$
This is what had me nervous. I didn't want to use the agent listed on the property, because they wouldn't be interested in saving us money. I wanted someone working for ME not the seller.
Enjoy your tip! Your answer answered my question, you just weren't as fast as modctek.
It is always best to have your own representation, NOTHING prevents you from doing so. That way someone is looking out for YOUR interest (ie saving money).
So, if we do it that way, then we have to contact the actual agent representing the house? Not just some random agent out of the phone book?
Yes, as the sellers will typically have a contract with that agent to show the house for a specified amount of time. The only time where this doesn't apply is if the house is a FSBO or "For sale by owner". In this case they are acting as their own seller's agent.