Plus, there are a lot of people that think their house is perfect the way it is. What the seller may consider and extravagant repair requested by the buyer may be a pretty common thing. It's nice to have a third party viewpoint to negotiate this. Also, those freakin contracts are pages and pages of stuff. Your agent usually has dealt with those contracts for years and knows what's in them and what to watch out for.
On 2/28/07, G Money <> wrote: > That's true, Nick, but the buyer and seller tend to rely on their agent's > advice during this crucial negotiating period. I was a first time buyer, so > I didn't really know what I was doing. My agent helped me come up with a > good opening bid that was low, but not so low as to be seen as an affront. > When they counter offered, I relied on her advice as to how far to come up, > what to accept, etc. etc. > > So there is some room here for a conflict if the agent is on both sides of > the fence. > > On 2/28/07, Nick McClure <[EMAIL PROTECTED]> wrote: > > > > I've never seen the agents do any negotiation, they write up the offer and > > deliver it. The negotiation happens by the buyer and the seller directly, > > using the agents to deliver the paperwork, show and advertise the house. > > > > The terms are clearly spelled out, in the contract. I think making the > > initial offer on my first house took nearly an hour to fill out the paper > > work. > > > > As a seller I know what I want out of the house, and what I'll do at the > > request of the buyer to sell it. > > > > > -----Original Message----- > > > From: William Bowen [mailto:[EMAIL PROTECTED] > > > Sent: Wednesday, February 28, 2007 12:00 PM > > > To: CF-Community > > > Subject: Re: selling for the 1st time > > > > > > > I don't see the conflict of interest. Both agents want the most > > > money, but > > > > as the buyer you know what you'll pay. You set your price, and if > > > they don't > > > > take the offer then move on to the next one. > > > > > > the buyer's agent works to get the price for thier client, the seller > > > the best price for their's, those two things are not compatable. > > > > > > How does a seller's agent negotiate in good faith if they are also the > > > buyer's agent? > > > > > > -- > > > will > > > > > > > > > > > > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Create Web Applications With ColdFusion MX7 & Flex 2. Build powerful, scalable RIAs. Free Trial http://www.adobe.com/products/coldfusion/flex2/ Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:229131 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
