Is there a need for a buyer’s agent in my case?
Hello,
My wife and I are currently looking for our first investment property for our future real estate goals. We recently came across a property that is in need of extensive repair and seems to be scaring off the competition in our area. (And making their bank loans difficult to acquire)
It is a 60s 2 bed/1 bath on 1 acre and would be a complete gut job with a possibility of adding a bathroom and/or bedroom depending on how it perks.
We are interested in treating this as a BRRRR deal, and have called and toured the home already.
My question is: The agent that showed us around the house is with the listing agency. Is there a conflict of interest with using the same agent who has interacted with the seller many time on other offers to make our own offer?
Would there be a bias, somehow?
Is there any foreseeable reason we should not go directly through this agent and have another agent to represent us as the buyers? (Especially since we plan on making a fairly low offer)
Thank you for any insight,
Braden