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sdrealtor.
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April 30, 2009 at 10:57 PM #391366April 30, 2009 at 10:59 PM #390706
danthedart
Participant[quote=AN]If you’re willing to pass up on a great deal because you deem the deal to be unethical would definitely make you more virtuous than most of us.[/quote]
Would you do a deal you thought was unethical?
April 30, 2009 at 10:59 PM #390969Participant[quote=AN]If you’re willing to pass up on a great deal because you deem the deal to be unethical would definitely make you more virtuous than most of us.[/quote]
Would you do a deal you thought was unethical?
April 30, 2009 at 10:59 PM #391177Participant[quote=AN]If you’re willing to pass up on a great deal because you deem the deal to be unethical would definitely make you more virtuous than most of us.[/quote]
Would you do a deal you thought was unethical?
April 30, 2009 at 10:59 PM #391229Participant[quote=AN]If you’re willing to pass up on a great deal because you deem the deal to be unethical would definitely make you more virtuous than most of us.[/quote]
Would you do a deal you thought was unethical?
April 30, 2009 at 10:59 PM #391371Participant[quote=AN]If you’re willing to pass up on a great deal because you deem the deal to be unethical would definitely make you more virtuous than most of us.[/quote]
Would you do a deal you thought was unethical?
May 1, 2009 at 12:01 AM #390761CA renter
Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Perhaps the bank/lender is okay with that because they are receiving govt funds for the difference, or some portion of the difference.
This is why it bothers me. It’s not about what I can get as a buyer, but how buyers are losing on these deals AND they are paying for it via the taxpayers’ bailouts of all these scammers.
If the lenders who are approving these deals were taking 100% of the losses, I wouldn’t have nearly the same anger about these “inside” deals. Nobody is looking out for the taxpayer, and that desperately needs to change.
May 1, 2009 at 12:01 AM #391024Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Perhaps the bank/lender is okay with that because they are receiving govt funds for the difference, or some portion of the difference.
This is why it bothers me. It’s not about what I can get as a buyer, but how buyers are losing on these deals AND they are paying for it via the taxpayers’ bailouts of all these scammers.
If the lenders who are approving these deals were taking 100% of the losses, I wouldn’t have nearly the same anger about these “inside” deals. Nobody is looking out for the taxpayer, and that desperately needs to change.
May 1, 2009 at 12:01 AM #391232Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Perhaps the bank/lender is okay with that because they are receiving govt funds for the difference, or some portion of the difference.
This is why it bothers me. It’s not about what I can get as a buyer, but how buyers are losing on these deals AND they are paying for it via the taxpayers’ bailouts of all these scammers.
If the lenders who are approving these deals were taking 100% of the losses, I wouldn’t have nearly the same anger about these “inside” deals. Nobody is looking out for the taxpayer, and that desperately needs to change.
May 1, 2009 at 12:01 AM #391284Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Perhaps the bank/lender is okay with that because they are receiving govt funds for the difference, or some portion of the difference.
This is why it bothers me. It’s not about what I can get as a buyer, but how buyers are losing on these deals AND they are paying for it via the taxpayers’ bailouts of all these scammers.
If the lenders who are approving these deals were taking 100% of the losses, I wouldn’t have nearly the same anger about these “inside” deals. Nobody is looking out for the taxpayer, and that desperately needs to change.
May 1, 2009 at 12:01 AM #391426Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Perhaps the bank/lender is okay with that because they are receiving govt funds for the difference, or some portion of the difference.
This is why it bothers me. It’s not about what I can get as a buyer, but how buyers are losing on these deals AND they are paying for it via the taxpayers’ bailouts of all these scammers.
If the lenders who are approving these deals were taking 100% of the losses, I wouldn’t have nearly the same anger about these “inside” deals. Nobody is looking out for the taxpayer, and that desperately needs to change.
May 1, 2009 at 8:21 AM #390841(former)FormerSanDiegan
Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Ultimately it is the seller who accepts or rejects the offer, not the agent.
If the seller (in these examples, the bank) is not operating in their own self-interest, then what can one do about it.
Also, we might be assuming that it is in the sellers’ best interest to get the highest possible price on one particular property. However, it might be more important to that seller to dispose of any property as quickly as possible to someone most likely to close. This is not necessarily the same as selling to the highest offer.
May 1, 2009 at 8:21 AM #391104Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Ultimately it is the seller who accepts or rejects the offer, not the agent.
If the seller (in these examples, the bank) is not operating in their own self-interest, then what can one do about it.
Also, we might be assuming that it is in the sellers’ best interest to get the highest possible price on one particular property. However, it might be more important to that seller to dispose of any property as quickly as possible to someone most likely to close. This is not necessarily the same as selling to the highest offer.
May 1, 2009 at 8:21 AM #391312Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Ultimately it is the seller who accepts or rejects the offer, not the agent.
If the seller (in these examples, the bank) is not operating in their own self-interest, then what can one do about it.
Also, we might be assuming that it is in the sellers’ best interest to get the highest possible price on one particular property. However, it might be more important to that seller to dispose of any property as quickly as possible to someone most likely to close. This is not necessarily the same as selling to the highest offer.
May 1, 2009 at 8:21 AM #391364Participant[quote=danthedart][quote=jimg111]That’s just not correct Dan, if the seller agrees to accept the first offer that meets terms that are acceptable and then instructs the agent that they do not want any more offers, then how is that the agent’s fault? This does happen on some listings.[/quote]
It really depends on what the agent is telling the bank. Do you really think the bank is okay with the agent listing the house on the MLS saying an offer is already accepted? If the bank was okay with that, then why list the house at all?[/quote]
Ultimately it is the seller who accepts or rejects the offer, not the agent.
If the seller (in these examples, the bank) is not operating in their own self-interest, then what can one do about it.
Also, we might be assuming that it is in the sellers’ best interest to get the highest possible price on one particular property. However, it might be more important to that seller to dispose of any property as quickly as possible to someone most likely to close. This is not necessarily the same as selling to the highest offer.
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