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”
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.
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?
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.
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?
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.
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.
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.
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.
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.