Real Estate Agents (arrogance or reality)
To put in context, I'm looking to buy in Montreal surrounding area (north shore /south shore). My budget is around 540k$ with a 10% cashdown. I'm already pre-approved for that amount and seriously looking to buy for June/July, I don have a house to sell.
Here's what happened:
Yesterday, I had 2 calls with 2 different real estate agents and one of the first thing they both told me was: ''you better hurry and be prepared to bid over the asking price ''. One told me that right after I presented myself, which instantly killed the bond.
Now I'm far from being a professional seller, but wouldn't it be something you don't tell the Client right away? Like, if he's not ready to get rape by the market and throw his money in the air, he doesn't stand a chance? I was expecting the agents to reassure me that he would do his best to advise me on a fair price, but I felt like they tried to screen me right off the bat.
Were my expectations too high or It's very normal and common to tell your client right away?