I'm looking at 10-40 unit apartment buildings in the Lansdale, PA area. Should I have a buyer's agent represent me? This will be my first deal.
When I ask listing agents, they always say that it's not common for a buyer to have a buyer's agent in commercial deals. They say that usually a buyer will work with an attorney and any other 3rd party service they need during due diligence.
I'm a little skeptical because I'm not sure if the listing agents are saying that so they don't need to share the commission. I want to be sure I don't make mistakes in negotiation and due diligence but I also want to make sure my offers are competitive and maybe having a buyer's agent makes my offers less competitive.
What is standard and what would you suggest?
Thanks a lot,