My advice to buyers is to run, not walk away from high-pressure buyer agents. If the agent is spending time with you, educating you about the buying process, closing costs, etc., then you've found a good one. There's a lot of money involved in real estate purchases and once you're armed with the info that you need to make an educated decision, you should call the shots.
Just keep in mind, however, that this super-sizzling seller's market is a bit different when it comes to writing an offer. I've written multiple offers in the past couple of months and some were at least $50K over the list price and my buyers STILL didn't win the bid!!! Before writing, I showed the buyers that the home was priced well based on comparable sales, but in multiple offer situations, it's going to take more than offering list price. Admittedly, it's a bit of a guessing game, but it's important for your buyer agent to find out what kind of activity the home is receiving. In addition to offering more for the home, a buyer might also have to relinquish one or more of their contingencies (conditions) in order to improve their odds of winning the bid. Be careful here.
If you have a solid real estate agent helping you to buy a home, then you need to follow his/her lead in order to finally be able to buy. It's tough out there for buyers, but not impossible.
I'm a seasoned real estate broker in MD, DC and VA. Please see my website at www.gotagent.com.
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