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Post by beaglemom on Sept 19, 2017 0:53:42 GMT
I don't remember how dh found the realtor he used when buying the first place we bought. When we bought this house we used a friend on my mil, never, ever again.
This time around it is a little trickier. We have picked who we want to sell our house for us. But in the area we want to move to (10-15 minutes away), there is a different realtor I want to build a relationship with because their office sells a lot of houses without them ever going on the market. The people we are working with to sell our house work for a different real estate company that sells some houses in the area, but not nearly as many as the main company. Can we have both working for us and just buy from whoever brings us the house we end up with? Or is that unethical?
The market is super small and the price range is ginormous (ie. $40 million - 1.9 million). It is a very sought after school district and we love the community. So I want to maximize our options for finding something. But I want to make sure that I am not doing something "against the rules."
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Post by txdancermom on Sept 19, 2017 1:30:44 GMT
I would think you could - you are signing one agreement with the one who is selling your house, and as long as it doesn't contain a clause that they will assist you in purchasing a new one, you should be ok with signing an agreement with the one you want to assist you in buying the new place.
just look at the agreements closely to be sure that they don't have anything about helping with any other simultaneous (or similar time frame) transactions buying or selling another property.
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Post by beaglemom on Sept 19, 2017 3:55:55 GMT
Is it standard to sign an agreement with someone helping you buy a home? With our current home, we found the home on our own and just asked mil's friend to help with the facilitation. As far as I remember we never signed a contract with her.
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perumbula
Pearl Clutcher
Posts: 3,439
Location: Idaho
Jun 26, 2014 18:51:17 GMT
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Post by perumbula on Sept 19, 2017 4:02:57 GMT
It's going to depend on the realtor and what's going on with you when and if you sign a contract with your buyers' agent. Sometimes I have people sign a contract early on and sometimes I have them sign when I write the offer (I never write an offer without a contract because of the laws in my state. It's the most protection for my clients at that stage.)
Yes, you can work with both and say "first to find the right house gets the sale" but only if you are open and honest with both. It will make it a little more complicated because you'll need to keep them both updated on what you've looked at so you are wasting time and effort on repeat houses.
But like I said, please, please, tell them what you are doing.
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Post by beaglemom on Sept 19, 2017 4:11:34 GMT
It's going to depend on the realtor and what's going on with you when and if you sign a contract with your buyers' agent. Sometimes I have people sign a contract early on and sometimes I have them sign when I write the offer (I never write an offer without a contract because of the laws in my state. It's the most protection for my clients at that stage.) Yes, you can work with both and say "first to find the right house gets the sale" but only if you are open and honest with both. It will make it a little more complicated because you'll need to keep them both updated on what you've looked at so you are wasting time and effort on repeat houses. But like I said, please, please, tell them what you are doing. I would be very upfront with both of them. I really like the people that are selling our house, but I know they don't have the ins that the other realtor has in the market. We need to sell our house first. It will go on the market in March and then once it sells we can get serious about buying something else.
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