We bought the house end of 2023 , and here are issues we faced : 1. she consistently told us that the market is very hot, and we will need to bid higher than the asking price. There were a few bidding wars happening, but there were so many listings that were getting a haircut. We expected that our realtor would tell us the honest truth, if it’s a slow market and we can get some advantage, I want to know that. 2. Does have knowledge of running comps, she just sent us links to listings we had to go through ourselves. Another broker, shared an example of how comps are run, he shared a complete document comparing other sold properties to ours. 3. Constantly felt like she negotiated on behalf of the seller. a. Told us, once an offer is sent to the sellers, we cannot withdraw it (even when the seller hasn’t decided). This was the case with us twice. b. Suggested to us strongly, that if we didn’t waive our inspection right on our offer, we will end up losing the house. We ended up not listening to this advice, and as responsible first-time home buyers, kept our inspection contingency in place. c. Suggested to us strongly that we waive appraisal guarantee. We had bid 5% above asking and were advised to waive appraisal guarantee as it will make our offer compelling, and it was a deal breaker for the seller if we didn’t waive. We found this very skeptical and did not waive this either. Ultimately, the seller still accepted our offer even when we didn’t waive our appraisal guarantee and our inspection contingency. d. Didn’t help us negotiate post our inspection contingency e. One of the houses we wanted bid on - Patricia’s suggested we bid $30-50k above asking price as per her market knowledge. We didn't feel comfortable bidding that high and lost the house - only to realize later that the house sold for $15k more than asking (a number that we were very comfortable paying). f. Pressured to share the inspector’s info , which we feared was to sway their decision
