[quote=bearishgurl] To name a few, if your agent is incompetent and/or doesn’t possess the requisite knowledge to properly complete your transaction, you can easily lose your earnest money deposit, pay too much for the property, never get your offer presented or presented properly, be in “perpetual escrow” waiting for a lender to agree to sell “short enough” (which will never take place), take possession without the agreed-upon items fixed, get taken to the cleaners by your mortgage broker, sign away your contingencies before they are met or satisfied . . . the list goes on . . . and on.
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The contract between the buyer and the buyer’s agent says nothing about the agent compensating the buyer for failing to protect the buyer from any of the things listed above.
My experience says a buyer’s agent is more likely to send you to his buddy mortgage broker than to tell you about aimloan.com.
