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Real Estate Owning property is still the hottest and most publicized form of flipping and profiting from your own investments. Use this forum to discuss strategies in real estate and land development as well as assess the current housing and market situation.

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Old 09-09-2008, 08:14 PM
Christina Christina is offline
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Join Date: Nov 2007
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Is my real estate agent telling me the truth?

I am trying to buy a house that is a short sale and I am using the listing agent (I know I should have gotten a buyer's agent). She seems as though she is really trying to get me the house because she wants her commission and the house is about to foreclose, but I drove by the house the other day and noticed she no longer has the listing. She told me the new agent is just showing the home because she is dealing with just short sales and bank-owned. Is this possible or did she lose the listing and I should get in touch with the new agent?
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Old 09-09-2008, 08:15 PM
peanut peanut is offline
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Be careful, the first agent showed you the home. If this is the case that agent procured the sale. Generally there is a protection period after the listing expires. The protection period is used just for cases like this. Getting another agent now could affect whether that agent would be paid. If you don't disclose this you could be liable for paying the second agent.
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