Useful tips

Can I use another realtor if I signed a contract?

Can I use another realtor if I signed a contract?

Once you sign a buyer’s agent agreement, you are legally obligated to work with that agent. So, it’s wise to read this document carefully. If you try to switch to a different agent during this period without canceling this contract, you could land in legal hot water.

Can seller accept another offer after counter offer?

yes the seller can accept another offer since a counter offer is not binding intill fully executed. Until the seller has a fully executed accepted offer they can entertain and accept another offer even if there is a counter out. Time is of the essence when you are negotiating on a home.

Can I make an offer on the same house with a different Realtor?

Yes, you can put an offer on the house. BUT you need to check with your local Board of Realtors if you want to put an offer on that particular house because of the confusion caused.

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What happens if you use a different realtor?

In terms of legal and financial ramifications, if you were to change buyer’s agents, then want to switch back later and purchase one of the homes the original agent had shown you, then they’ll expect a commission.

Is it rude to switch Realtors?

Going behind the agent’s back and using another Realtor to purchase a home is simply rude – especially if that buyer’s agent has put considerable time into finding you a home. It’s also a good idea to hold off signing an agreement for as long as possible when using a buyer’s agent.

What happens if buyer does not accept counter offer?

If a buyer rejects your counter offer, it’s possible they’re close to what they can spend. While it’s easy to become frustrated, Freddie Mac suggests using the offer process to negotiate for what you want that isn’t money-related. If the listing price isn’t flexible, maybe other parts of the offer are.

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Can seller change their mind after rejecting an offer?

If a seller rejects your original home purchase offer, you should determine if you put your best bid forward. Still, chances are slim that a seller will change their mind unless a new offer is presented.

How do you tell a realtor you don’t want to work with them?

During your scheduled call, tell your real estate agent you’ve chosen to work with someone else and thank them for their time. They may ask if you’ve signed an exclusivity agreement with someone else. You don’t need to disclose any other information if you don’t want to.

Can I write an offer on a house that has not been accepted?

A: Yes you can write an offer as long as nothing has been officially “accepted”. As far as to answer the “second” part of your question. It is possible. It could also be that the agent representing the seller is telling your agent the same info and it might not be true.

Do realtors have to submit offers and counteroffers quickly?

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This falls in accordance with the National Association of Realtors® Code of Ethics, which states that Realtors shall submit offers and counteroffers objectively and as quickly as possible. However, not all real estate agents are members of NAR and required to abide by its code.

Can a seller back out after accepting a higher offer?

“Once a seller has accepted an offer, it’s very difficult to back out, even if you receive a higher one,” says Realtor® Bill Golden with Re/Max Metro Atlanta Cityside. “Most deals allow a buyer to back out, but not a seller.” Still, money talks—and if the higher offer is something you want to consider, here’s what you can expect.

Can you still make an offer on a house after attorney review?

Yes, you may still make an offer on the home as long as it is still fully on the market. Until contracts are signed, and in some states attorney review is completed, the home is still available. You should always make an offer if it is something you want regardless of any other offers.