Answers by Glenda Walsh

I don't think you can raffle off a house unless it's special circumstances like the money is being raised for charity. Raffling a home off in lieu of selling it does not seem legal. I would ask a real estate attorney.

You do need to sign the Buyer Broker Agreement and acknowledge that you will pay the buyer's agent commission. However, the buyer's agent commission is still negotiable through the purchase contract. Most sellers are still paying the buyer's agent commission. If the seller doesn't agree to pay, then it is between you and your agent to negotiate how it will be paid.

Many agents do ask for a secondary pre-approval before they will accept an offer. It is to protect the seller. It is not anything against you or your lender. There are many lenders that do not do a complete review of a buyer and their qualifications, and it causes a lot of problems in escrow and many times buyers cancel because the lender who said they can do the loan, can't