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My buyer agent said that she is going to push the appraiser to appraise the house value higher

Apparently, this is the downside of using the listing agent’s partner after getting my offer accepted.

According to my agent who claims to be on my side:

  1. There is no room to negotiate with the seller after the home inspection and appraisal

  2. Seller is not going to pay for anything even termite control.

So I told her that you’re acting way too obvious that you’re thinking about the seller’s interest as a buyer agent. She questioned me: Are you saying that I’m not trying to help you? I feel insulted. I told her that I know you guys are trying to impress the seller so he will let you sell his other 12 properties. But, please don’t tell me that I shouldn’t even try to ask for any seller credit or any reduction. I can try to talk to the listing agent if you don’t want to try it.

Back to the topic, I paid 40k more of the listed price to get the acceptance. My down payment is 35% so even though the the appraiser appraise the house value as the listing price, it won’t make any difference for me to get the loan to pay what it said on the contract.

She told me that pushing the appraiser to appraise the price as it shows on the contract will help me get the loan.

Even though I told her please don’t try to interfere the appraiser’s job, she’s going to do that anyway. Because she knows that if the appraiser appraises the house price as shown on the contract, there is absolutely no execute for me to ask the seller for price drop before contingency removal.

At the end, I just want to say, I just want the house. But this is what happen when using the so-called dual agent to get my offer accepted among the other 51 offers.

My hope is to talk to the listing agent to get a couple of thousands seller credit to cover my closing cost. When we first spoke, he told me: “I can only help you to get the offer accepted if your offer is really competitive, and I might be able to help you to save a couple of thousands. That’s it.

submitted by /u/kenlyxu
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/s9544g/my_buyer_agent_said_that_she_is_going_to_push_the/
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