Bringing lawsuit agent real estate agents

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am seeing a lot of unethical stuff including not showing the property to hiding offers to bring their friends low ball offers to charging more for undisclosed fees etc that is going on in the industry. What are the some of the common grounds for bringing lawsuit/complaint against an agent since they should be working for you under contract but actually don’t?

Happened to me! Agent let his friend know about a house I was selling. Friend put in a lowball offer, and agent said I should take it. I did not take it. I assume the friend pays agent a finder's fee.

I only knew they were friends because I had some unknown-to-them intel.

This kind of stuff happens all the time. Sometimes realtors won't show the sellers other offers so the seller thinks the lowball is the only offer.

There should be a way for offers to go directly to the seller. There are too many instances of the realtor not showing the seller all offers. The realtor tells the buyer the seller rejected the offer and the seller has no idea the other offers exist.

How do you know this kind of stuff happens all the time.

[Anonymous]

We just a house in Bethany and it was a total scam. It was a bidding war and our agent knew one of the buyers agent and did not know the other.

Shockingly - the agent our realtor did not know was emailing their counter offers to us too because they were worried we were not getting them.

There were multiple bidders at first so we did not care to see all of them; but when it got down to two she was clearly favoring her friend.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am seeing a lot of unethical stuff including not showing the property to hiding offers to bring their friends low ball offers to charging more for undisclosed fees etc that is going on in the industry. What are the some of the common grounds for bringing lawsuit/complaint against an agent since they should be working for you under contract but actually don’t?

Happened to me! Agent let his friend know about a house I was selling. Friend put in a lowball offer, and agent said I should take it. I did not take it. I assume the friend pays agent a finder's fee.

I only knew they were friends because I had some unknown-to-them intel.

This kind of stuff happens all the time. Sometimes realtors won't show the sellers other offers so the seller thinks the lowball is the only offer.

There should be a way for offers to go directly to the seller. There are too many instances of the realtor not showing the seller all offers. The realtor tells the buyer the seller rejected the offer and the seller has no idea the other offers exist.

How do you know this happens all of the time?

[Anonymous]

the realtors are really out in this thread trying to rally. it's ok folks, we know you are parasites and there isn't much we can do about it.

[Anonymous]

Anonymous wrote:We just a house in Bethany and it was a total scam. It was a bidding war and our agent knew one of the buyers agent and did not know the other.

Shockingly - the agent our realtor did not know was emailing their counter offers to us too because they were worried we were not getting them.

There were multiple bidders at first so we did not care to see all of them; but when it got down to two she was clearly favoring her friend.

Wow very unethical. Unfortunately realtors as a group have good relationship with state governments. They have an extremely well "functioning" monopoly. Getting rid of them is not going to be an easy task. I can't wait until they go away. We don't need them. We only need lawyers and home inspectors.

[Anonymous]

Anonymous wrote:the realtors are really out in this thread trying to rally. it's ok folks, we know you are parasites and there isn't much we can do about it.

+1 Just ignore the realtors trying to gaslight.

[Anonymous]

Anonymous wrote:We just a house in Bethany and it was a total scam. It was a bidding war and our agent knew one of the buyers agent and did not know the other.

Shockingly - the agent our realtor did not know was emailing their counter offers to us too because they were worried we were not getting them.

There were multiple bidders at first so we did not care to see all of them; but when it got down to two she was clearly favoring her friend.

Unfortunately this is very common in Sussex County. Lots of shady realtors scamming sellers to get homes on the cheap for themselves and their friends. They often turn them into rentals.

The other realtor had good reason to email the offers directly to the seller.

[Anonymous]

Anonymous wrote:I am seeing a lot of unethical stuff including not showing the property to hiding offers to bring their friends low ball offers to charging more for undisclosed fees etc that is going on in the industry. What are the some of the common grounds for bringing lawsuit/complaint against an agent since they should be working for you under contract but actually don’t?

What was your damage? How did you lose money?

[Anonymous]

Anonymous wrote:We just a house in Bethany and it was a total scam. It was a bidding war and our agent knew one of the buyers agent and did not know the other.

Shockingly - the agent our realtor did not know was emailing their counter offers to us too because they were worried we were not getting them.

There were multiple bidders at first so we did not care to see all of them; but when it got down to two she was clearly favoring her friend.

This does not sound unethical. It actually sounds normal and I can't see how any law was violated. What is the law that you think was violated?

[Anonymous]

Anonymous wrote:

Anonymous wrote:We just a house in Bethany and it was a total scam. It was a bidding war and our agent knew one of the buyers agent and did not know the other.

Shockingly - the agent our realtor did not know was emailing their counter offers to us too because they were worried we were not getting them.

There were multiple bidders at first so we did not care to see all of them; but when it got down to two she was clearly favoring her friend.

This does not sound unethical. It actually sounds normal and I can't see how any law was violated. What is the law that you think was violated?

That one of the bidding agents was able to find our contact information and submit bids to us and our agent. Tells me the agents don’t trust each other so what am I paying a commission for?

[Anonymous]

Anonymous wrote:

Anonymous wrote:We just a house in Bethany and it was a total scam. It was a bidding war and our agent knew one of the buyers agent and did not know the other.

Shockingly - the agent our realtor did not know was emailing their counter offers to us too because they were worried we were not getting them.

There were multiple bidders at first so we did not care to see all of them; but when it got down to two she was clearly favoring her friend.

Wow very unethical. Unfortunately realtors as a group have good relationship with state governments. They have an extremely well "functioning" monopoly. Getting rid of them is not going to be an easy task. I can't wait until they go away. We don't need them. We only need lawyers and home inspectors.

We will get rid of cocaruches before them. Even big tech was not able to get rid of these guys. The recent lawsuit it now turned out was actually a good thing for them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Brokerages and agents aren't doing anything illegal, no one is risking their livelihoods over illegal activity. But they absolutely take advantage of uneducated buyers and sellers who fail to do their research.

A relative with a low income is selling a house and the agent commission is 6%. I asked why she didnt negotiate to at least the standard 5% and she said she didn't know. 1% on her house is only about 4k but she is also someone who 4k is still a lot of money.

“The standard 5%” - the uneducated poster does not know that there is no standard commission and was the basis for the lawsuit. And you patronize your “relative with a low income”

I am the poster you're responding to. Officially there is no "standard" flat commission but in practice the 5% split remains the normal arrangement and has been the case for decades. My relative has a low income and a 1% difference in commission is money that is meaningful to her. But like so many people she is doesn't ask around or do her research and it's something the agents take advantage of.