The seller can tell you lots of things about the property - good things that you should know about. An overpriced home will struggle to sell, even in a sellers market, because today’s home buyers are very savvy. Some real estate agents will tell a seller their home is worth more than it really is. Send me your buyer’s name so I can register them with the seller”. Monitor the conversations between buyers and sellers to keep an eye on things. Agents generally make between 5 and 7 percent, and depending on the state, that amount goes to the listing agent’s broker or can be split between the buyer and seller’s agent brokers. I would never suggest to a client that he go talk directly to the other side of the deal. What this means is that the agent is asking for the buyer’s name to include it in what is called a Single Party Agreement. Open houses can potentially be great for prospecting new buyers and sellers. Both sellers and buyers can take steps to put themselves in an advantageous position through planning and smart counteroffers. This is absurd. One of the top 10 lies that real estate agents tell home sellers relates to price. If you are a client who is unhappy with your agent, your entire home buying or selling experience—which should be a pleasant and happy time for you—will be affected by this negative attitude. Those other sellers looking to compare may need a Realtor to represent them. Because the buyer and seller can’t speak to each other’s conveyancer, it’s important for the estate agent to be able to keep them updated and reassured. I keep ringing my estate agent to chase this up and they have said our seller did have a bit of a delay but the pack should be sent now. Here are some home-buying etiquette rules home buyers should keep in mind to avoid rubbing home sellers, real estate agents, and others the wrong way. Knowledge is power in negotiations, so try to glean as much information about the seller or buyer as you can. Many estate agents now have dedicated sales progression teams, who spend all their time helping move transactions along and … Realtors will often tell you that they should only talk to each other and the parties should never meet. Should the Buyer and Seller Talk Directly by Susan Pruden May 6, ... For the most part, buyers and sellers are adults. Some people handle it better than others, some really want that intermediary (us) in there. Sometimes more so than the agents involved. Ive filled in all my paperwork and paid my solicitor for the searches but they can't do it until they receive the contract pack from our seller's solicitors. . Your agent will also seek information from the other agent on your behalf. 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