Quick Answer: Is It OK To Have Multiple Real Estate Agents?

The short answer is yes, you can work with multiple real estate agents—under certain circumstances.

Working with more than one real estate agent is fine when you haven’t signed an exclusive agreement with anyone, says Adam Aguilar, a Realtor® with Reliantra in West Toluca Lake, CA.

Can you have more than one Realtor when selling a house?

A: YES! All real estate contracts are negotiable! But the key is to find agents that “work” together, even if they don’t work for the same brokerage. A:The simple answer to this would be that when you list your home with a real estate company, make sure they are members of the local multiple listing service (MLS).

Is it OK to switch real estate agents?

It is possible to change real estate agents and it’s better to do it sooner rather than later to avoid wasting your time and theirs. Though it is completely possible to change agents, sometimes we aren’t even certain if the situation has reached that point.

Can a real estate agent work for two brokers?

A real estate agent who does not hold a brokerages license cannot work, as a real estate salesperson, for two brokers at once. The exception is when an agent holds licenses in two, or more, different states and they work for one broker in each. Different rules apply for licensed brokers.

Do real estate agents show houses?

Agents do not work for free. You might ask, “Isn’t that the job—to show their listings?” Yes, an agent is obligated to show client’s homes, but if you are working with another agent, typically your agent will show you the home. To compound the problem, let’s say there are two offers on a home.

Can I buy a house with a different Realtor?

The procuring cause helps real estate agents and buyers figure out who will receive the commission on a house sale. It typically comes into play when a buyer purchases a house he saw with two different real estate agents.

How do I let my realtor go?

Here are four tips to tactfully part ways with your agent.

  • Assess the relationship.
  • Say goodbye in writing.
  • Beware of contracts and clauses.
  • When you change real estate agents, be professional.

How long are most realtor contracts?

The length of the contract can be three months, six months, a year, or any other period you choose. Agents often don’t like taking listings for less than a month because they don’t have enough time to market the house before the listing expires. A six-month listing is average.

Why is Zillow bad?

This creates a variety of problems due to the false advertising and inaccurate data. Of all the online real estate databases, Zillow may be the very worst. It’s the most commonly used site despite the false advertising and information.

Do I have to pay estate agent fees if I pull out?

A If you withdraw from a sale, it is normal to be charged to cover the costs – such as advertising – that an agent has already incurred. And it is also normal to have to pay some or all of the estate agent’s commission but only if the contract you signed contained a “ready, willing and able purchaser” clause.

Can I look at a house without my Realtor?

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You can attend an open house, or call the seller or listing agent to ask for a tour. You should be clear with the listing agent that you are buying a home without an agent. If the listing agent asks you to sign any forms, have them reviewed by your attorney first.

Can a Realtor refuse to show a house?

This is fairly normal for a Realtor. You would be surprised at the amount of “buyers” that will look at 6 or 8 houses just to dream when there is no way could buy. The Realtor has no obligation to show properties to a unqualified buyer.

How long does it take to look at a house?

The first-time buyer group spends an average of 53 minutes viewing a home, the organisation reports. As you can see, no matter the demographic it seems the optimum and most common viewing time is around the hour mark. That’s not to say that all prospective buyers take their time when checking out their next home.

What is a fair Realtor commission?

The typical commission is 6 percent, which is split by the agent for the buyer and the agent for a seller—3 percent each. But it’s only paid by the home seller.

Do I have to pay a realtor if I don’t buy a house?

A: Typically you owe nothing to the Realtor and they usually cannot charge you anything as well. There are laws against what is called “advance fees” in the business. A: There are only very specific circumstances where a Realtor pursue you to have their commission paid.

Can I fire my realtor if I signed a contract?

A: Yes, you can terminate the contract with your realtor. The terms by which the termination can be made should be spelled out in the contract. Most listing agreements however provide for the payment of commission if the seller terminates the agreement early or otherwise blocks or prohibits the sale of the property.

Can Realtors 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.

Is my Realtor doing a good job?

A good real estate agent is honest

Their job is to sell your home and they should be honest with you. If your asking price is too high, they will tell you and back up their argument with examples of similar homes in your area that have sold for less.

Can a Realtor drop a client?

There is a ton of information out there for real estate clients, advising them when it is time to drop their agent, but sometimes it goes the other way around too. In fact, sometimes letting the client go is actually the best solution for everyone.

Why do Realtors hate Zillow?

The tension between Zillow and real estate agents goes back many years. This redirects some buyer inquiries away from listing agents to agents who pay Zillow. Realtors say this damages their sellers because buyers get information from agents who have never seen the home.

Do real estate agents use Zillow?

Today, anyone looking to purchase a new home utilizes the internet to search for homes for sale. The most trafficked real estate website in the world is Zillow. Many potential home buyers and sellers will use Zillow to research a neighborhood or get property values or even to choose a real estate agent.

What’s the difference between Zillow and Trulia?

Zillow and Trulia are real estate databases that offer for-sale and rental listings and connect people with listing agents. Zillow provides users with a highly graphic experience when searching for properties, while Trulia has a simpler website design.