Does this sound fishy?

Question

I'm interested in a listed property by an agent. The property has been listed for 2 days and I wanted to hire a home inspector for the property because the home, although maybe a good deal, is selling about 33% below the market rate (an elder couple have been living in there before, but they passed away). When I called the listing agent to see if I can hire a home inspector and do an inspection for the property, the agent refused saying there has been many requests for a home inspection and a home inspection has already been done. But my question is that the property has been listed for only 2 days and there are so many requests already? Next I request the listing agent for a home inspection report and the listing agent said she can only email me the report if I were working with an agent, and won't directly send it to me. Does all this sound fishy?

Account Closed · Answer

You could just make an offer. Get the inspection report or do your own and then re-negotiate it if you don't feel comfortable based on the results. You shouldn't have any hard money on the line at that point, it would still be early in the process. Just make your offer subject to inspection report, mortgage, and whatever other contingencies you may have.

Account Closed · Answer

Yeah, that does sound a bit off. A listing agent refusing an inspection or withholding the report unless you have an agent is unusual, especially after just 2 days on market. It could be competitive pressure, or it could be the agent trying to control the process. If you're serious about the property, consider getting your own agent to help navigate it and protect your interests. Good luck.

Ezekiel Trevino · Answer

It depends who paid for the inpection whoever paid for the inpection owns the report. The agent would need authorization from the seller to send you that report.

Ken M. · Answer

Just guessing here, but it sounds to me as though a wholesaler has either convinced or tricked a realtor into listing the property, even though they don't own it. They don't want the scrutiny. I would ask the realtor if the person they are dealing with is the person who owns the property. If they do, fair enough. It's their property and their terms. If not, then why? Are they hiding something? Like ability to close? or What?County records would show who is recorded on title. Match that to person selling. Could be  a probate, inherited property, quick flip, wholesale. All of those affect price.

Look for CDOM, was it truly newly listed or has it been listed in the last few months with no sale just relisted? Check Redfin.com to see if it has a long history of being on the market.

Jacky Johnson · Answer

Yes the listing agent said a home inspection by the buyer is permissible only if the buyer's offer is accepted, I was like what?

Does this sound fishy?

Most Popular Reply