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Buying & Selling Real Estate

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Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
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217
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what is the point of using a dual agent on HUD house

Michael Stole
  • Real Estate Investor
  • Ottawa, Ontario
Posted Jun 16 2011, 10:13

I know HUD houses are sold through daily auction, so I assume listing agent can not affect HUD's decision on whether to accept an offer or which one to accept. My question is is there any known or unknown benefits of using the listing agent as my buyer agent when it comes to buying a HUD house?

Will the listing agent know how many other bids are submitted in a day, and how much they are? Are they willing to kind of share this information with me? If I can promise to close very soon and without any contingency.

Thanks for any input.

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