I would call the Bureau of Real Estate and file a complaint against the
agent who listed a property at $299,000 and told your agent that
they will look at offers above $375,000 http://www.dre.ca.gov/Consumers/FileComplaint.html
this is absolute nonsense and the agent should have a formal complaint filed against them. Let the board deal with this.
As a Realtor I have zero tolerance for crap like this.[/quote]Agreed, but unfortunately, I don’t think the DRE will even look into it unless she can prove she was somehow “damaged” by what the seller’s agent told her. I’ve seen agents get away with stuff like this when they wanted to list the property on the MLS (usually for a very short time to satisfy a lender who agreed to take a short payoff) but they wanted to sell the property at a deeply discounted price to a particular individual (one of their relatives, the “seller’s” relative or their own “straw-offeror”). It was done to deter any other offers from actually coming in before their “planted buyer” could get their sh!t together (often thru another agent in their own brokerage) and get their offer in ASAP after the listing was placed in the MLS.
However, I don’t see this as happening here. This listing agent just saw a rookie buyer and possibly their rookie agent as deer in the headlights and thought they could get away with playing this game with them.
