Home › Forums › Closed Forums › Buying and Selling RE › Should I change my realtor?
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urbanrealtor.
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AuthorPosts
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July 14, 2009 at 1:13 PM #16029
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July 14, 2009 at 1:19 PM #429597
briansd1
GuestKeep the Realtor if he’s willing to give you his opinion of value in writing. I’m sure he thinks that prices will increase also. When prices decline, you can sue him.
Otherwise, change Realtor.
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July 14, 2009 at 1:21 PM #429602
ibjames
Participantjust change your Realtor and get it over with
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July 14, 2009 at 1:33 PM #429638
Zeitgeist
ParticipantInteresting discussion about Zillow and Cyberhomes:
http://piggington.com/zillow_vs_cyberhomes_wth_happened_to_zillow -
July 14, 2009 at 1:33 PM #429854Participant
Interesting discussion about Zillow and Cyberhomes:
http://piggington.com/zillow_vs_cyberhomes_wth_happened_to_zillow -
July 14, 2009 at 1:33 PM #430148Participant
Interesting discussion about Zillow and Cyberhomes:
http://piggington.com/zillow_vs_cyberhomes_wth_happened_to_zillow -
July 14, 2009 at 1:33 PM #430217Participant
Interesting discussion about Zillow and Cyberhomes:
http://piggington.com/zillow_vs_cyberhomes_wth_happened_to_zillow -
July 14, 2009 at 1:33 PM #430376Participant
Interesting discussion about Zillow and Cyberhomes:
http://piggington.com/zillow_vs_cyberhomes_wth_happened_to_zillow -
July 14, 2009 at 1:54 PM #429672
NotCranky
ParticipantHe should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.
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July 14, 2009 at 3:32 PM #429857
UCGal
Participant[quote=Russell]He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.[/quote]
ITA with Russell. Properly terminate whatever buyers contract you have to CYA, then interview realtors willing to work for you on your terms.
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July 14, 2009 at 3:32 PM #430072Participant
[quote=Russell]He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.[/quote]
ITA with Russell. Properly terminate whatever buyers contract you have to CYA, then interview realtors willing to work for you on your terms.
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July 14, 2009 at 3:32 PM #430365Participant
[quote=Russell]He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.[/quote]
ITA with Russell. Properly terminate whatever buyers contract you have to CYA, then interview realtors willing to work for you on your terms.
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July 14, 2009 at 3:32 PM #430437Participant
[quote=Russell]He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.[/quote]
ITA with Russell. Properly terminate whatever buyers contract you have to CYA, then interview realtors willing to work for you on your terms.
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July 14, 2009 at 3:32 PM #430596Participant
[quote=Russell]He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.[/quote]
ITA with Russell. Properly terminate whatever buyers contract you have to CYA, then interview realtors willing to work for you on your terms.
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July 15, 2009 at 12:08 AM #430267
Effective Demand
Participant[quote=Russell]One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. [/quote]
I’m no lawyer and this isn’t legal advice. But assuming the OP doesn’t have a written contract saying any property his agent shows him he is entitled to commission if bought then the OP wouldn’t have to worry about procuring cause. Procuring cause is the uninterrupted chain of events leading up to the offer for the property, as I understand it the agent broke that chain by refusing to submit an offer. At least that is how I understand things, maybe a RE lawyer could chime in with the real scoop.
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July 15, 2009 at 6:29 AM #430308
SD Realtor
ParticipantED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.
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July 15, 2009 at 10:40 PM #431206Participant
[quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.
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July 15, 2009 at 11:45 PM #431233Participant
[quote=Effective Demand][quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.[/quote]
Effective Demand,
I would not bother with a lawyer,given the information provided so far, for the reasons you are describing.I would not even sweat a formal release from a contract,if there is any contract although I would ask for it. I would also contact any supervising broker. I would do something to make it very clear that there was not a misunderstanding about how the chain of events got broken.I would let the agent know that his non-willingness to make a reasonable offer was considered by me to be bad faith. This would just be to establish a precautionary paper trail and to plant a seed of discouragement in the mind of the non-performing agent should some malicious idea occur to him.This is also not legal advice. It is how I would handle the situation given the information offered. I think there is a very slim chance anything negative would come of it and if it did it could be easily dispatched.
In case anyone wants it, the number to SDAR is 858-715-8000. The operator can put you in contact with someone in the ethics department.
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July 15, 2009 at 11:45 PM #431446Participant
[quote=Effective Demand][quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.[/quote]
Effective Demand,
I would not bother with a lawyer,given the information provided so far, for the reasons you are describing.I would not even sweat a formal release from a contract,if there is any contract although I would ask for it. I would also contact any supervising broker. I would do something to make it very clear that there was not a misunderstanding about how the chain of events got broken.I would let the agent know that his non-willingness to make a reasonable offer was considered by me to be bad faith. This would just be to establish a precautionary paper trail and to plant a seed of discouragement in the mind of the non-performing agent should some malicious idea occur to him.This is also not legal advice. It is how I would handle the situation given the information offered. I think there is a very slim chance anything negative would come of it and if it did it could be easily dispatched.
In case anyone wants it, the number to SDAR is 858-715-8000. The operator can put you in contact with someone in the ethics department.
-
July 15, 2009 at 11:45 PM #431737Participant
[quote=Effective Demand][quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.[/quote]
Effective Demand,
I would not bother with a lawyer,given the information provided so far, for the reasons you are describing.I would not even sweat a formal release from a contract,if there is any contract although I would ask for it. I would also contact any supervising broker. I would do something to make it very clear that there was not a misunderstanding about how the chain of events got broken.I would let the agent know that his non-willingness to make a reasonable offer was considered by me to be bad faith. This would just be to establish a precautionary paper trail and to plant a seed of discouragement in the mind of the non-performing agent should some malicious idea occur to him.This is also not legal advice. It is how I would handle the situation given the information offered. I think there is a very slim chance anything negative would come of it and if it did it could be easily dispatched.
In case anyone wants it, the number to SDAR is 858-715-8000. The operator can put you in contact with someone in the ethics department.
-
July 15, 2009 at 11:45 PM #431807Participant
[quote=Effective Demand][quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.[/quote]
Effective Demand,
I would not bother with a lawyer,given the information provided so far, for the reasons you are describing.I would not even sweat a formal release from a contract,if there is any contract although I would ask for it. I would also contact any supervising broker. I would do something to make it very clear that there was not a misunderstanding about how the chain of events got broken.I would let the agent know that his non-willingness to make a reasonable offer was considered by me to be bad faith. This would just be to establish a precautionary paper trail and to plant a seed of discouragement in the mind of the non-performing agent should some malicious idea occur to him.This is also not legal advice. It is how I would handle the situation given the information offered. I think there is a very slim chance anything negative would come of it and if it did it could be easily dispatched.
In case anyone wants it, the number to SDAR is 858-715-8000. The operator can put you in contact with someone in the ethics department.
-
July 15, 2009 at 11:45 PM #431968Participant
[quote=Effective Demand][quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.[/quote]
Effective Demand,
I would not bother with a lawyer,given the information provided so far, for the reasons you are describing.I would not even sweat a formal release from a contract,if there is any contract although I would ask for it. I would also contact any supervising broker. I would do something to make it very clear that there was not a misunderstanding about how the chain of events got broken.I would let the agent know that his non-willingness to make a reasonable offer was considered by me to be bad faith. This would just be to establish a precautionary paper trail and to plant a seed of discouragement in the mind of the non-performing agent should some malicious idea occur to him.This is also not legal advice. It is how I would handle the situation given the information offered. I think there is a very slim chance anything negative would come of it and if it did it could be easily dispatched.
In case anyone wants it, the number to SDAR is 858-715-8000. The operator can put you in contact with someone in the ethics department.
-
July 15, 2009 at 10:40 PM #431420Participant
[quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.
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July 15, 2009 at 10:40 PM #431710Participant
[quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.
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July 15, 2009 at 10:40 PM #431781Participant
[quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.
-
July 15, 2009 at 10:40 PM #431942Participant
[quote=SD Realtor]ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.[/quote]
Again, from everything I have read regarding procuring cause it is about the uninterrupted chain of events leading to an offer. The agent refusing to submit an offer breaks the chain. I would always of course try for a written piece of paper just to make things clean. But I still feel outside of a previously signed agreement that the agent in question would have no leg to stand on. Thats just one anonymous persons non-legal opinion on the matter.
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July 15, 2009 at 6:29 AM #430524Participant
ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.
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July 15, 2009 at 6:29 AM #430818Participant
ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.
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July 15, 2009 at 6:29 AM #430888Participant
ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.
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July 15, 2009 at 6:29 AM #431048Participant
ED it could be a slippery slope. What if the OP was on an auto MLS feed and got the new listing information from email that the original agent sent? Getting the cancellation agreement is always the cleanest way to sever the relationship. Even with that cancellation, IF the OP goes back to one of the homes that the original realtor showed them, it would be best to use the original realtor to buy that previously shown home just to make triple sure. I would agree it would be best to consult an attorney.
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July 15, 2009 at 12:08 AM #430484Participant
[quote=Russell]One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. [/quote]
I’m no lawyer and this isn’t legal advice. But assuming the OP doesn’t have a written contract saying any property his agent shows him he is entitled to commission if bought then the OP wouldn’t have to worry about procuring cause. Procuring cause is the uninterrupted chain of events leading up to the offer for the property, as I understand it the agent broke that chain by refusing to submit an offer. At least that is how I understand things, maybe a RE lawyer could chime in with the real scoop.
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July 15, 2009 at 12:08 AM #430780Participant
[quote=Russell]One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. [/quote]
I’m no lawyer and this isn’t legal advice. But assuming the OP doesn’t have a written contract saying any property his agent shows him he is entitled to commission if bought then the OP wouldn’t have to worry about procuring cause. Procuring cause is the uninterrupted chain of events leading up to the offer for the property, as I understand it the agent broke that chain by refusing to submit an offer. At least that is how I understand things, maybe a RE lawyer could chime in with the real scoop.
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July 15, 2009 at 12:08 AM #430850Participant
[quote=Russell]One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. [/quote]
I’m no lawyer and this isn’t legal advice. But assuming the OP doesn’t have a written contract saying any property his agent shows him he is entitled to commission if bought then the OP wouldn’t have to worry about procuring cause. Procuring cause is the uninterrupted chain of events leading up to the offer for the property, as I understand it the agent broke that chain by refusing to submit an offer. At least that is how I understand things, maybe a RE lawyer could chime in with the real scoop.
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July 15, 2009 at 12:08 AM #431009Participant
[quote=Russell]One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. [/quote]
I’m no lawyer and this isn’t legal advice. But assuming the OP doesn’t have a written contract saying any property his agent shows him he is entitled to commission if bought then the OP wouldn’t have to worry about procuring cause. Procuring cause is the uninterrupted chain of events leading up to the offer for the property, as I understand it the agent broke that chain by refusing to submit an offer. At least that is how I understand things, maybe a RE lawyer could chime in with the real scoop.
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July 14, 2009 at 1:54 PM #429889Participant
He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.
-
July 14, 2009 at 1:54 PM #430181Participant
He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.
-
July 14, 2009 at 1:54 PM #430252Participant
He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.
-
July 14, 2009 at 1:54 PM #430411Participant
He should write the offer you want. 7.5% isn’t that much.You might not get it but that isn’t a high reduction. If there is a really valid reason he should be able to offer an explanation that doesn’t feel like arm twisting to you. That would be something like, “It already has 4 offers and I know that yours won’t get it, would you like I try to discuss a back-up offer with the listing agent”?
One problem now, with getting another agent to write you an offer on that particular place is that this person showed it to you and can claim to be procuring cause. You would want to put in writing that you are going with another agent because he or she is giving you too much hardship about writing the offer you like. They could still try to sue but it probably would not come to that. You could just tell them to write the offer or quit. Dump them if they don’t come around.
The principal gives the orders and if he doesn’t like the way you do things he should quit on his own behalf and not try to bend you to his will.
If you get another agent ask them upfront if they will write low offers or even “what the hell you never know” offer, in case you might want to try that.
-
-
July 14, 2009 at 1:21 PM #429820Participant
just change your Realtor and get it over with
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July 14, 2009 at 1:21 PM #430113Participant
just change your Realtor and get it over with
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July 14, 2009 at 1:21 PM #430183Participant
just change your Realtor and get it over with
-
July 14, 2009 at 1:21 PM #430342Participant
just change your Realtor and get it over with
-
-
July 14, 2009 at 1:19 PM #429815Guest
Keep the Realtor if he’s willing to give you his opinion of value in writing. I’m sure he thinks that prices will increase also. When prices decline, you can sue him.
Otherwise, change Realtor.
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July 14, 2009 at 1:19 PM #430108Guest
Keep the Realtor if he’s willing to give you his opinion of value in writing. I’m sure he thinks that prices will increase also. When prices decline, you can sue him.
Otherwise, change Realtor.
-
July 14, 2009 at 1:19 PM #430178Guest
Keep the Realtor if he’s willing to give you his opinion of value in writing. I’m sure he thinks that prices will increase also. When prices decline, you can sue him.
Otherwise, change Realtor.
-
July 14, 2009 at 1:19 PM #430338Guest
Keep the Realtor if he’s willing to give you his opinion of value in writing. I’m sure he thinks that prices will increase also. When prices decline, you can sue him.
Otherwise, change Realtor.
-
July 14, 2009 at 1:43 PM #429657
Anonymous
GuestNo need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.
-
July 14, 2009 at 2:23 PM #429767
DWCAP
Participant[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
HAHAHAHAHAHAHAHAHA, breath, HAHAHAHAHAHAHAHA. Thanks, I needed a good laugh today.
In all seriousness, IF you signed a contract or something to work with him, read it. If you didnt, ask him to submit the offer or step-a-side so you can work with someone who will actually work WITH you. Only submitting offers he personally approves of cant be considered in your best interest.
IN my totally UNinformed opinion (I have never met the guy), this guy sounds like a RE pollyanna. He prob feels that the reason prices are falling is that RE agents like him are not communicating the true value of whatever is in discussion and are submitting lowball, BS offers. If no one submitted these lowball BS offers, prices would go “back to where they belong” (ie 2005+) and the recession and all the bad stuff would end tomorrow.
He also sounds kinda snobby. I met one of these guys last weekend at an open house. Jerk started openly dissing Mira Mesa, even though I had already told him I lived there. The low ball stuff may just ruffel his feathers, same some ‘housewifes of OC’ types may look down at buying something on sale. ‘If it isnt full price, there must be something wrong with it’ type of thinking.
-
July 14, 2009 at 2:23 PM #429984Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
HAHAHAHAHAHAHAHAHA, breath, HAHAHAHAHAHAHAHA. Thanks, I needed a good laugh today.
In all seriousness, IF you signed a contract or something to work with him, read it. If you didnt, ask him to submit the offer or step-a-side so you can work with someone who will actually work WITH you. Only submitting offers he personally approves of cant be considered in your best interest.
IN my totally UNinformed opinion (I have never met the guy), this guy sounds like a RE pollyanna. He prob feels that the reason prices are falling is that RE agents like him are not communicating the true value of whatever is in discussion and are submitting lowball, BS offers. If no one submitted these lowball BS offers, prices would go “back to where they belong” (ie 2005+) and the recession and all the bad stuff would end tomorrow.
He also sounds kinda snobby. I met one of these guys last weekend at an open house. Jerk started openly dissing Mira Mesa, even though I had already told him I lived there. The low ball stuff may just ruffel his feathers, same some ‘housewifes of OC’ types may look down at buying something on sale. ‘If it isnt full price, there must be something wrong with it’ type of thinking.
-
July 14, 2009 at 2:23 PM #430278Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
HAHAHAHAHAHAHAHAHA, breath, HAHAHAHAHAHAHAHA. Thanks, I needed a good laugh today.
In all seriousness, IF you signed a contract or something to work with him, read it. If you didnt, ask him to submit the offer or step-a-side so you can work with someone who will actually work WITH you. Only submitting offers he personally approves of cant be considered in your best interest.
IN my totally UNinformed opinion (I have never met the guy), this guy sounds like a RE pollyanna. He prob feels that the reason prices are falling is that RE agents like him are not communicating the true value of whatever is in discussion and are submitting lowball, BS offers. If no one submitted these lowball BS offers, prices would go “back to where they belong” (ie 2005+) and the recession and all the bad stuff would end tomorrow.
He also sounds kinda snobby. I met one of these guys last weekend at an open house. Jerk started openly dissing Mira Mesa, even though I had already told him I lived there. The low ball stuff may just ruffel his feathers, same some ‘housewifes of OC’ types may look down at buying something on sale. ‘If it isnt full price, there must be something wrong with it’ type of thinking.
-
July 14, 2009 at 2:23 PM #430347Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
HAHAHAHAHAHAHAHAHA, breath, HAHAHAHAHAHAHAHA. Thanks, I needed a good laugh today.
In all seriousness, IF you signed a contract or something to work with him, read it. If you didnt, ask him to submit the offer or step-a-side so you can work with someone who will actually work WITH you. Only submitting offers he personally approves of cant be considered in your best interest.
IN my totally UNinformed opinion (I have never met the guy), this guy sounds like a RE pollyanna. He prob feels that the reason prices are falling is that RE agents like him are not communicating the true value of whatever is in discussion and are submitting lowball, BS offers. If no one submitted these lowball BS offers, prices would go “back to where they belong” (ie 2005+) and the recession and all the bad stuff would end tomorrow.
He also sounds kinda snobby. I met one of these guys last weekend at an open house. Jerk started openly dissing Mira Mesa, even though I had already told him I lived there. The low ball stuff may just ruffel his feathers, same some ‘housewifes of OC’ types may look down at buying something on sale. ‘If it isnt full price, there must be something wrong with it’ type of thinking.
-
July 14, 2009 at 2:23 PM #430508Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
HAHAHAHAHAHAHAHAHA, breath, HAHAHAHAHAHAHAHA. Thanks, I needed a good laugh today.
In all seriousness, IF you signed a contract or something to work with him, read it. If you didnt, ask him to submit the offer or step-a-side so you can work with someone who will actually work WITH you. Only submitting offers he personally approves of cant be considered in your best interest.
IN my totally UNinformed opinion (I have never met the guy), this guy sounds like a RE pollyanna. He prob feels that the reason prices are falling is that RE agents like him are not communicating the true value of whatever is in discussion and are submitting lowball, BS offers. If no one submitted these lowball BS offers, prices would go “back to where they belong” (ie 2005+) and the recession and all the bad stuff would end tomorrow.
He also sounds kinda snobby. I met one of these guys last weekend at an open house. Jerk started openly dissing Mira Mesa, even though I had already told him I lived there. The low ball stuff may just ruffel his feathers, same some ‘housewifes of OC’ types may look down at buying something on sale. ‘If it isnt full price, there must be something wrong with it’ type of thinking.
-
July 14, 2009 at 3:41 PM #429892
Huckleberry
Participant[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
[quote=BGinRB]Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]
Nicely done! Best laugh I’ve had in awhile… 🙂
-
July 14, 2009 at 3:41 PM #430106Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
[quote=BGinRB]Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]
Nicely done! Best laugh I’ve had in awhile… 🙂
-
July 14, 2009 at 3:41 PM #430400Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
[quote=BGinRB]Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]
Nicely done! Best laugh I’ve had in awhile… 🙂
-
July 14, 2009 at 3:41 PM #430471Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
[quote=BGinRB]Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]
Nicely done! Best laugh I’ve had in awhile… 🙂
-
July 14, 2009 at 3:41 PM #430630Participant
[quote=pri_dk]No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.[/quote]
[quote=BGinRB]Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]
Nicely done! Best laugh I’ve had in awhile… 🙂
-
July 16, 2009 at 1:09 PM #431517
aldante
ParticipantOMG,
LOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!
Got me rolling dude.
Thanks I needed that today -
July 16, 2009 at 1:09 PM #431726Participant
OMG,
LOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!
Got me rolling dude.
Thanks I needed that today -
July 16, 2009 at 1:09 PM #432020Participant
OMG,
LOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!
Got me rolling dude.
Thanks I needed that today -
July 16, 2009 at 1:09 PM #432090Participant
OMG,
LOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!
Got me rolling dude.
Thanks I needed that today -
July 16, 2009 at 1:09 PM #432249Participant
OMG,
LOOOOOOOOOOOOOOOOOOOOOOOOOOLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!
Got me rolling dude.
Thanks I needed that today
-
-
July 14, 2009 at 1:43 PM #429874Guest
No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.
-
July 14, 2009 at 1:43 PM #430168Guest
No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.
-
July 14, 2009 at 1:43 PM #430237Guest
No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.
-
July 14, 2009 at 1:43 PM #430396Guest
No need to worry.
REALTORS® are bound by a Code of Ethics, and must always act in the best interest of the client (you).
In the extremely unlikely case that a REALTOR® would violate this code, other REALTORS® would immediately act to sanction the offender and provide relief to the victim.
Seriously, if you have to ask, then the answer is yes.
-
July 14, 2009 at 1:47 PM #429667
BGinRB
ParticipantIt takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.-
July 15, 2009 at 1:33 PM #430777
ArmoRealtor
Participant[quote=BGinRB]It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.
-
July 15, 2009 at 3:08 PM #430857Participant
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.[/quote]
SD R has waaaaay better pitch that actually made me think about what he said. I can see how his services can add value.
Yours made me throw up in my mouth.
-
July 15, 2009 at 3:08 PM #431070Participant
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.[/quote]
SD R has waaaaay better pitch that actually made me think about what he said. I can see how his services can add value.
Yours made me throw up in my mouth.
-
July 15, 2009 at 3:08 PM #431366Participant
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.[/quote]
SD R has waaaaay better pitch that actually made me think about what he said. I can see how his services can add value.
Yours made me throw up in my mouth.
-
July 15, 2009 at 3:08 PM #431434Participant
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.[/quote]
SD R has waaaaay better pitch that actually made me think about what he said. I can see how his services can add value.
Yours made me throw up in my mouth.
-
July 15, 2009 at 3:08 PM #431592Participant
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.[/quote]
SD R has waaaaay better pitch that actually made me think about what he said. I can see how his services can add value.
Yours made me throw up in my mouth.
-
July 16, 2009 at 1:19 PM #431533Guest
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.
-
July 16, 2009 at 2:46 PM #431696
urbanrealtor
Participant[quote=briansd1][quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.[/quote]
UHHH no.
The buyer agent is required to submit the offer to the listing agent. The listing agent is required to submit it, in turn, to the seller.
Armo’s concern is valid and the listing agent starts out working AGAINST buyer financial interest.
-
July 16, 2009 at 2:46 PM #431909Participant
[quote=briansd1][quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.[/quote]
UHHH no.
The buyer agent is required to submit the offer to the listing agent. The listing agent is required to submit it, in turn, to the seller.
Armo’s concern is valid and the listing agent starts out working AGAINST buyer financial interest.
-
July 16, 2009 at 2:46 PM #432201Participant
[quote=briansd1][quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.[/quote]
UHHH no.
The buyer agent is required to submit the offer to the listing agent. The listing agent is required to submit it, in turn, to the seller.
Armo’s concern is valid and the listing agent starts out working AGAINST buyer financial interest.
-
July 16, 2009 at 2:46 PM #432271Participant
[quote=briansd1][quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.[/quote]
UHHH no.
The buyer agent is required to submit the offer to the listing agent. The listing agent is required to submit it, in turn, to the seller.
Armo’s concern is valid and the listing agent starts out working AGAINST buyer financial interest.
-
July 16, 2009 at 2:46 PM #432433Participant
[quote=briansd1][quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.[/quote]
UHHH no.
The buyer agent is required to submit the offer to the listing agent. The listing agent is required to submit it, in turn, to the seller.
Armo’s concern is valid and the listing agent starts out working AGAINST buyer financial interest.
-
July 16, 2009 at 1:19 PM #431743Guest
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.
-
July 16, 2009 at 1:19 PM #432037Guest
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.
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July 16, 2009 at 1:19 PM #432107Guest
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.
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July 16, 2009 at 1:19 PM #432265Guest
[quote=ArmoRealtor]
The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it [/quote]Technically, if you are submitting an offer through the seller’s agent, that agent is bound by fiduciary duty to submit all offer to the seller. He would be in breach of duty if he didn’t present your offer, unreasonable as he feels it might be, to the seller.
If you’re working with your own buyers’ agent, that agent is not bound by such duty to present all offers to the seller.
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July 15, 2009 at 1:33 PM #430992Participant
[quote=BGinRB]It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.
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July 15, 2009 at 1:33 PM #431287Participant
[quote=BGinRB]It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.
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July 15, 2009 at 1:33 PM #431359Participant
[quote=BGinRB]It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.
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July 15, 2009 at 1:33 PM #431516Participant
[quote=BGinRB]It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent.[/quote]The listing agent does not work for you. They work for the seller.
If your looking to go in a little low (which is perfectly fine) you will most likely want to get a buyers agent that wants to represent you at whatever price you are comfortable with. It is always best to find a recent comp that justifies the price. Unrealistic sellers need to see proof
of why their home is worth what you say it is worth.Trust should’nt come from which side your working on. Trust should be earned over time.
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July 14, 2009 at 1:47 PM #429884Participant
It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent. -
July 14, 2009 at 1:47 PM #430176Participant
It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent. -
July 14, 2009 at 1:47 PM #430247Participant
It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent. -
July 14, 2009 at 1:47 PM #430406Participant
It takes few minutes to generate an offer.
Change your agent (does not have to be a Realtor®).
Even better, talk to the listing agent directly. You can trust listing agents as much as you can trust a buyer’s agent. -
July 14, 2009 at 1:53 PM #429682
freshman
Participantchange it for sure ! it is not only his help, he needs your help to earn the 30K commission too !bear his temper and bad service…. ridiculous, kick his ass ! you are not buying cheap house , it is million house, he can earn a lot from selling million dollar house and he still gives you this bad service, not worth it.
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July 14, 2009 at 1:53 PM #429899Participant
change it for sure ! it is not only his help, he needs your help to earn the 30K commission too !bear his temper and bad service…. ridiculous, kick his ass ! you are not buying cheap house , it is million house, he can earn a lot from selling million dollar house and he still gives you this bad service, not worth it.
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July 14, 2009 at 1:53 PM #430191Participant
change it for sure ! it is not only his help, he needs your help to earn the 30K commission too !bear his temper and bad service…. ridiculous, kick his ass ! you are not buying cheap house , it is million house, he can earn a lot from selling million dollar house and he still gives you this bad service, not worth it.
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July 14, 2009 at 1:53 PM #430261Participant
change it for sure ! it is not only his help, he needs your help to earn the 30K commission too !bear his temper and bad service…. ridiculous, kick his ass ! you are not buying cheap house , it is million house, he can earn a lot from selling million dollar house and he still gives you this bad service, not worth it.
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July 14, 2009 at 1:53 PM #430421Participant
change it for sure ! it is not only his help, he needs your help to earn the 30K commission too !bear his temper and bad service…. ridiculous, kick his ass ! you are not buying cheap house , it is million house, he can earn a lot from selling million dollar house and he still gives you this bad service, not worth it.
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July 14, 2009 at 2:02 PM #429712
XBoxBoy
ParticipantChange your realtor to someone who you like working with and someone who likes working with you. Enough said. Do it.
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July 14, 2009 at 2:02 PM #429929Participant
Change your realtor to someone who you like working with and someone who likes working with you. Enough said. Do it.
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July 14, 2009 at 2:02 PM #430219Participant
Change your realtor to someone who you like working with and someone who likes working with you. Enough said. Do it.
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July 14, 2009 at 2:02 PM #430291Participant
Change your realtor to someone who you like working with and someone who likes working with you. Enough said. Do it.
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July 14, 2009 at 2:02 PM #430451Participant
Change your realtor to someone who you like working with and someone who likes working with you. Enough said. Do it.
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July 14, 2009 at 4:02 PM #429966
GoUSC
ParticipantChange your realtor. Our broker always presented pros and cons on homes and was always willing to write an offer if we wanted it. If he felt we were low he would caution us the seller might be insulted and not respond (which they didn’t a few times ;)). But at the end of the day his relationships are what got us the home we are in escrow now.
If you are looking La Jolla/Bird Rock/PB area let me know and I will forward you his info. If he gives me a referral fee i’ll give it right back to you. 🙂
radelow AT yahoo DOT com
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July 14, 2009 at 4:02 PM #430182Participant
Change your realtor. Our broker always presented pros and cons on homes and was always willing to write an offer if we wanted it. If he felt we were low he would caution us the seller might be insulted and not respond (which they didn’t a few times ;)). But at the end of the day his relationships are what got us the home we are in escrow now.
If you are looking La Jolla/Bird Rock/PB area let me know and I will forward you his info. If he gives me a referral fee i’ll give it right back to you. 🙂
radelow AT yahoo DOT com
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July 14, 2009 at 4:02 PM #430478Participant
Change your realtor. Our broker always presented pros and cons on homes and was always willing to write an offer if we wanted it. If he felt we were low he would caution us the seller might be insulted and not respond (which they didn’t a few times ;)). But at the end of the day his relationships are what got us the home we are in escrow now.
If you are looking La Jolla/Bird Rock/PB area let me know and I will forward you his info. If he gives me a referral fee i’ll give it right back to you. 🙂
radelow AT yahoo DOT com
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July 14, 2009 at 4:02 PM #430547Participant
Change your realtor. Our broker always presented pros and cons on homes and was always willing to write an offer if we wanted it. If he felt we were low he would caution us the seller might be insulted and not respond (which they didn’t a few times ;)). But at the end of the day his relationships are what got us the home we are in escrow now.
If you are looking La Jolla/Bird Rock/PB area let me know and I will forward you his info. If he gives me a referral fee i’ll give it right back to you. 🙂
radelow AT yahoo DOT com
-
July 14, 2009 at 4:02 PM #430705Participant
Change your realtor. Our broker always presented pros and cons on homes and was always willing to write an offer if we wanted it. If he felt we were low he would caution us the seller might be insulted and not respond (which they didn’t a few times ;)). But at the end of the day his relationships are what got us the home we are in escrow now.
If you are looking La Jolla/Bird Rock/PB area let me know and I will forward you his info. If he gives me a referral fee i’ll give it right back to you. 🙂
radelow AT yahoo DOT com
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July 14, 2009 at 6:23 PM #430105Participant
Some agents are sleazbags and some aren’t.
Some merely suck.
Some (like me) are busy as hell right now (which, of course begs the question of why I am blogging and not working at this moment) and busy people do not always give great service(irrespective of how popular they are).
If your agent leaves you feeling uneasy or causes you to wonder whose interests he has at heart, then go and don’t look back.
As an agent, I think that it is important when discussing appropriate prices to ground them in hard comparable numbers.
That being said, sometimes, I have had clients who are the buyer equivalent of the “arrogant seller” prototype we saw a lot of in 2004 and 2005. These are buyers who think because of an article they read in the WSJ they can make an offer for $300k on a place where recent comps suggest $400k. Anyone can make the offer but sometimes its not strategic or realistic.
Some agents are clumsy or stupid in their presentation of these market realities. Speaking personally, I will always give my opinion of how to write and present an offer in a way most suited for success. However, I will also remind clients that it is their money being spent and not mine.Okay, go ahead and flame me but try to be specific.
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July 14, 2009 at 8:08 PM #430147Guest
[quote=urbanrealtor]Okay, go ahead and flame me but try to be specific.[/quote]
As much as I like to poke fun at Realtors…your informative post didn’t have anything flame-worthy.
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July 14, 2009 at 8:08 PM #430364Guest
[quote=urbanrealtor]Okay, go ahead and flame me but try to be specific.[/quote]
As much as I like to poke fun at Realtors…your informative post didn’t have anything flame-worthy.
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July 14, 2009 at 8:08 PM #430658Guest
[quote=urbanrealtor]Okay, go ahead and flame me but try to be specific.[/quote]
As much as I like to poke fun at Realtors…your informative post didn’t have anything flame-worthy.
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July 14, 2009 at 8:08 PM #430728Guest
[quote=urbanrealtor]Okay, go ahead and flame me but try to be specific.[/quote]
As much as I like to poke fun at Realtors…your informative post didn’t have anything flame-worthy.
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July 14, 2009 at 8:08 PM #430889Guest
[quote=urbanrealtor]Okay, go ahead and flame me but try to be specific.[/quote]
As much as I like to poke fun at Realtors…your informative post didn’t have anything flame-worthy.
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July 14, 2009 at 6:23 PM #430324Participant
Some agents are sleazbags and some aren’t.
Some merely suck.
Some (like me) are busy as hell right now (which, of course begs the question of why I am blogging and not working at this moment) and busy people do not always give great service(irrespective of how popular they are).
If your agent leaves you feeling uneasy or causes you to wonder whose interests he has at heart, then go and don’t look back.
As an agent, I think that it is important when discussing appropriate prices to ground them in hard comparable numbers.
That being said, sometimes, I have had clients who are the buyer equivalent of the “arrogant seller” prototype we saw a lot of in 2004 and 2005. These are buyers who think because of an article they read in the WSJ they can make an offer for $300k on a place where recent comps suggest $400k. Anyone can make the offer but sometimes its not strategic or realistic.
Some agents are clumsy or stupid in their presentation of these market realities. Speaking personally, I will always give my opinion of how to write and present an offer in a way most suited for success. However, I will also remind clients that it is their money being spent and not mine.Okay, go ahead and flame me but try to be specific.
-
July 14, 2009 at 6:23 PM #430617Participant
Some agents are sleazbags and some aren’t.
Some merely suck.
Some (like me) are busy as hell right now (which, of course begs the question of why I am blogging and not working at this moment) and busy people do not always give great service(irrespective of how popular they are).
If your agent leaves you feeling uneasy or causes you to wonder whose interests he has at heart, then go and don’t look back.
As an agent, I think that it is important when discussing appropriate prices to ground them in hard comparable numbers.
That being said, sometimes, I have had clients who are the buyer equivalent of the “arrogant seller” prototype we saw a lot of in 2004 and 2005. These are buyers who think because of an article they read in the WSJ they can make an offer for $300k on a place where recent comps suggest $400k. Anyone can make the offer but sometimes its not strategic or realistic.
Some agents are clumsy or stupid in their presentation of these market realities. Speaking personally, I will always give my opinion of how to write and present an offer in a way most suited for success. However, I will also remind clients that it is their money being spent and not mine.Okay, go ahead and flame me but try to be specific.
-
July 14, 2009 at 6:23 PM #430686Participant
Some agents are sleazbags and some aren’t.
Some merely suck.
Some (like me) are busy as hell right now (which, of course begs the question of why I am blogging and not working at this moment) and busy people do not always give great service(irrespective of how popular they are).
If your agent leaves you feeling uneasy or causes you to wonder whose interests he has at heart, then go and don’t look back.
As an agent, I think that it is important when discussing appropriate prices to ground them in hard comparable numbers.
That being said, sometimes, I have had clients who are the buyer equivalent of the “arrogant seller” prototype we saw a lot of in 2004 and 2005. These are buyers who think because of an article they read in the WSJ they can make an offer for $300k on a place where recent comps suggest $400k. Anyone can make the offer but sometimes its not strategic or realistic.
Some agents are clumsy or stupid in their presentation of these market realities. Speaking personally, I will always give my opinion of how to write and present an offer in a way most suited for success. However, I will also remind clients that it is their money being spent and not mine.Okay, go ahead and flame me but try to be specific.
-
July 14, 2009 at 6:23 PM #430848Participant
Some agents are sleazbags and some aren’t.
Some merely suck.
Some (like me) are busy as hell right now (which, of course begs the question of why I am blogging and not working at this moment) and busy people do not always give great service(irrespective of how popular they are).
If your agent leaves you feeling uneasy or causes you to wonder whose interests he has at heart, then go and don’t look back.
As an agent, I think that it is important when discussing appropriate prices to ground them in hard comparable numbers.
That being said, sometimes, I have had clients who are the buyer equivalent of the “arrogant seller” prototype we saw a lot of in 2004 and 2005. These are buyers who think because of an article they read in the WSJ they can make an offer for $300k on a place where recent comps suggest $400k. Anyone can make the offer but sometimes its not strategic or realistic.
Some agents are clumsy or stupid in their presentation of these market realities. Speaking personally, I will always give my opinion of how to write and present an offer in a way most suited for success. However, I will also remind clients that it is their money being spent and not mine.Okay, go ahead and flame me but try to be specific.
-
July 14, 2009 at 8:19 PM #430162Participant
Your realtor should be working for you. If you do not feel that he/she has provided the representation you expect it is a no brainer. If things happened as you explained then yes you should interview others.
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July 14, 2009 at 8:53 PM #430175
moneymaker
ParticipantI say dump him and you will probably both be happy!
P.S.- I felt really bad about looking at 25+ houses and only making 3 offers,well it was all worth it on the 4th offer. Our realtor had a lot of patience and earned every penny in my mind. She was usually quiet when we were actually in the house and I remember thinking that was strange for a sales person,but when we asked for her opinion she would give it.
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July 14, 2009 at 8:53 PM #430393Participant
I say dump him and you will probably both be happy!
P.S.- I felt really bad about looking at 25+ houses and only making 3 offers,well it was all worth it on the 4th offer. Our realtor had a lot of patience and earned every penny in my mind. She was usually quiet when we were actually in the house and I remember thinking that was strange for a sales person,but when we asked for her opinion she would give it.
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July 14, 2009 at 8:53 PM #430688Participant
I say dump him and you will probably both be happy!
P.S.- I felt really bad about looking at 25+ houses and only making 3 offers,well it was all worth it on the 4th offer. Our realtor had a lot of patience and earned every penny in my mind. She was usually quiet when we were actually in the house and I remember thinking that was strange for a sales person,but when we asked for her opinion she would give it.
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July 14, 2009 at 8:53 PM #430759Participant
I say dump him and you will probably both be happy!
P.S.- I felt really bad about looking at 25+ houses and only making 3 offers,well it was all worth it on the 4th offer. Our realtor had a lot of patience and earned every penny in my mind. She was usually quiet when we were actually in the house and I remember thinking that was strange for a sales person,but when we asked for her opinion she would give it.
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July 14, 2009 at 8:53 PM #430919Participant
I say dump him and you will probably both be happy!
P.S.- I felt really bad about looking at 25+ houses and only making 3 offers,well it was all worth it on the 4th offer. Our realtor had a lot of patience and earned every penny in my mind. She was usually quiet when we were actually in the house and I remember thinking that was strange for a sales person,but when we asked for her opinion she would give it.
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July 14, 2009 at 8:19 PM #430379Participant
Your realtor should be working for you. If you do not feel that he/she has provided the representation you expect it is a no brainer. If things happened as you explained then yes you should interview others.
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July 14, 2009 at 8:19 PM #430673Participant
Your realtor should be working for you. If you do not feel that he/she has provided the representation you expect it is a no brainer. If things happened as you explained then yes you should interview others.
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July 14, 2009 at 8:19 PM #430743Participant
Your realtor should be working for you. If you do not feel that he/she has provided the representation you expect it is a no brainer. If things happened as you explained then yes you should interview others.
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July 14, 2009 at 8:19 PM #430904Participant
Your realtor should be working for you. If you do not feel that he/she has provided the representation you expect it is a no brainer. If things happened as you explained then yes you should interview others.
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AuthorPosts
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