Sellers, pls stop offering pay buyer's agent commission!

[Anonymous]

I am a buyer not represented by an agent and just walked out of a deal whereby the selling agent tried to force me sign an agency agreement with her affiliated buyer's agent. For 3% commission! She called, screamed and threatened me. I walked away

[Anonymous]

Names please

[Anonymous]

Anonymous wrote:I am a buyer not represented by an agent and just walked out of a deal whereby the selling agent tried to force me sign an agency agreement with her affiliated buyer's agent. For 3% commission! She called, screamed and threatened me. I walked away

names? what area?

This is pretty extreme. I got a one off passive aggressive snarky comment from a seller agent when he found out I was unrepresented. But the rest 99% seller agents have been very professional/did not bat an eye working with me. I've had no trouble getting tours and information in a very timely manner.

[Anonymous]

Report this to your state attorney general office. Documented cases helps win class action/antitrust lawsuits.

[Anonymous]

Anonymous wrote:Report this to your state attorney general office. Documented cases helps win class action/antitrust lawsuits.

This. If you have anything in writing or recorded, it would help.

[Anonymous]

I agree that posters need to start naming names. The DC area agents are generally trying to follow the new rules, but there are some terrible agents out there that need to be identified and pushed out of the market. These agents are often the most visible and people tend to think they are good because their face is all over the neighborhood.

[Anonymous]

really???

[Anonymous]

Anonymous wrote:I am a buyer not represented by an agent and just walked out of a deal whereby the selling agent tried to force me sign an agency agreement with her affiliated buyer's agent. For 3% commission! She called, screamed and threatened me. I walked away

Your post doesn't match your heading.
1) If sellers want to PAY the buyer's agent, fine with me, but your heading says "stop."
2) Your actual post says that the seller's agent tried to get you to sign up with her buyer's agent, so clearly the seller wasn't offering to pay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I am a buyer not represented by an agent and just walked out of a deal whereby the selling agent tried to force me sign an agency agreement with her affiliated buyer's agent. For 3% commission! She called, screamed and threatened me. I walked away

Your post doesn't match your heading.
1) If sellers want to PAY the buyer's agent, fine with me, but your heading says "stop."
2) Your actual post says that the seller's agent tried to get you to sign up with her buyer's agent, so clearly the seller wasn't offering to pay.

Huh? I think the implication is that the seller was offering 3% to buyer’s agent, and the seller is trying to push OP to use an affiliated buyers agent to get the 3%. This is a pretty bold and almost fraudulent thing to do.

[Anonymous]

If they are offering to pay no need for you to sign a contract.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am a buyer not represented by an agent and just walked out of a deal whereby the selling agent tried to force me sign an agency agreement with her affiliated buyer's agent. For 3% commission! She called, screamed and threatened me. I walked away

Your post doesn't match your heading.
1) If sellers want to PAY the buyer's agent, fine with me, but your heading says "stop."
2) Your actual post says that the seller's agent tried to get you to sign up with her buyer's agent, so clearly the seller wasn't offering to pay.

Huh? I think the implication is that the seller was offering 3% to buyer’s agent, and the seller is trying to push OP to use an affiliated buyers agent to get the 3%. This is a pretty bold and almost fraudulent thing to do.

Oh, wow. So, you're saying the Seller is willing to pay 3% to the agent the buyer brings to the table? And the Seller's agent then was pushing the buyer (who had no agent) to sign with a colleague of the Seller's agent, in order to get that 3% more that the Seller would otherwise not have to pay since the Buyer had no agent???

[Anonymous]

Anonymous wrote:If they are offering to pay no need for you to sign a contract.

But how would this "buyer's" agent get paid if they don't have an actual contract with the buyer?

[Anonymous]

Follow up with some correspondence where you can document this. Like the pp said, there’s no need to sign anything. I’m sure the agent was trying to help line a colleagues pockets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If they are offering to pay no need for you to sign a contract.

But how would this "buyer's" agent get paid if they don't have an actual contract with the buyer?

There will be no agent so the credit will go back to the sellers profit, no?

[Anonymous]

Anonymous wrote:If they are offering to pay no need for you to sign a contract.

yes there is. that’s what the recent settlement requires. and of course the deal is between the buyer and seller - not the buyer’s agent and the seller.