A young couple is walking down the street one Saturday afternoon and comes across an Open House that they check out for curiosity's sake and fall in love with immediately.
They haven't really considered purchasing a property so they don't have a realtor or pre-approved financing.
That being said, they are currently in a comfortable financial situation thanks in part to their well-paying, stable jobs, life savings, and life choices and based on what they've witnessed from friends and colleagues, they are confident they would be approved for a mortgage if need be.
It's 4:00pm and the Open House is set to close.
The listing agent informs the couple that offers will be accepted until 6:00pm and there is already at least one offer.
They informally know of one realtor but for whatever reason, they can't get a hold of her.
The couple really wants to place an offer on this house.
What should the couple do?
What should be the listing agent being doing if the couple approaches him with an expressed interest in placing an offer on the home without a realtor?
Edited by rambaldi, 24 June 2016 - 06:29 AM.