Does Your Sacramento Agent Want to Buy Your Home?

I’ve heard from a couple of buyer’s agents lately who have been, in one agent’s own words, “hoarding” homes in Sacramento from their buyers. This is such a great real estate market in Sacramento right now that some agents are saying forget buyers, I want that house! Is your agent in competition with you? You might want to ask. Does your agent want to buy your home?

This is not to say anything bad about another Sacramento real estate agent because real estate agents have always had first shot at homes, and some of them go into the business strictly to get an upper hand. They want the best deals. There is nothing wrong necessarily if you find an agent who wants to buy your home, just like any other investor. But a buyer might not want to compete with an agent. Especially a first-time home buyer.

Heck, I wouldn’t be human if I didn’t say sometimes I was tempted to want to buy my own listings, but I don’t do it. It’s a conflict of interest to me. I don’t know how other agents do it. How can you tell a seller that you are trying to get the highest offer and then make it your own offer? We’re not that generous. People believe whatever they repeat to themselves long enough, I suppose.

Do you want your agent’s leftover crumbs? The homes your agent couldn’t buy at an attractive enough price? You might want to ask before hiring a buyer’s agent if you’ll be expected to compete. This is a strange market and strange times.