Anonymous wrote:

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

They DO get kickbacks anyone saying they don't is a freaking liar.

+1

Anonymous wrote:
No they don't, you stupid dumbass. And, I'm not an agent.

Stop lying to us agent. We are not your clients.

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

They DO get kickbacks anyone saying they don't is a freaking liar.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Here are some things she did:

-tried for a year to sell me a house that was above my budget and that she knew needed $50K septic system replaced (didn’t tell me that part until after it was sold to someone else)
-told me I’m the first person who has ever actually read the entire offer contract
-told me things missing from sellers disclosure (incl age of water heater and whether ac was working) were nbd
-told me basement moisture evidence was nbd.
-told me loose stair pavers were nbd
-scheduled walkthrough an hour before closing
-did not recommend an escrow for these and other things wrong I noticed that weren’t in the disclosure or inspection
-told me if I didn’t close over these things I’d lose my whole deposit

I found the house myself and she was in it for ten minutes without me once and then only at the walkthrough. On her advice I bid $100K over ask with $50k deposit, no inspection or contingencies and 30d close.

Some of this is on you. Even if you don’t have an inspection contingency you should have a home inspector walk through the house with you and point things out and you should ask questions.

PP's agent shouldn't have lied to her. That's unethical. Plus you're not allowed to just access the property to perform an inspection that wasn't agreed to without the seller's permission.

So you tell your realtor that you want to do an inspection. How hard is this?

Anonymous wrote:Here are some things she did:

-tried for a year to sell me a house that was above my budget and that she knew needed $50K septic system replaced (didn’t tell me that part until after it was sold to someone else)
-told me I’m the first person who has ever actually read the entire offer contract
-told me things missing from sellers disclosure (incl age of water heater and whether ac was working) were nbd
-told me basement moisture evidence was nbd.
-told me loose stair pavers were nbd
-scheduled walkthrough an hour before closing
-did not recommend an escrow for these and other things wrong I noticed that weren’t in the disclosure or inspection
-told me if I didn’t close over these things I’d lose my whole deposit

I found the house myself and she was in it for ten minutes without me once and then only at the walkthrough. On her advice I bid $100K over ask with $50k deposit, no inspection or contingencies and 30d close.

So, what is your damages in dollars?

Just let it go

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

No, they don't. That's a baldfaced lie.

They will steer clients to people they have experience with to ensure the deal closes without any hiccups.

DP here. Realtors DO get kickbacks! Quit trying to cover for your corrupt practices.

No they don't, you stupid dumbass. And, I'm not an agent.

Jesus, you stupid people with your rabid imaginations.

I'm going to need more specifics because your meaning isn't clear. Am I:
A) a dumb ass who's a little stupid
B) a stupid person who's also a dumb ass, or
C) a dumb ass who's more stupid than the average dumb ass

Yes.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

No, they don't. That's a baldfaced lie.

They will steer clients to people they have experience with to ensure the deal closes without any hiccups.

DP here. Realtors DO get kickbacks! Quit trying to cover for your corrupt practices.

No they don't, you stupid dumbass. And, I'm not an agent.

Jesus, you stupid people with your rabid imaginations.

I'm going to need more specifics because your meaning isn't clear. Am I:
A) a dumb ass who's a little stupid
B) a stupid person who's also a dumb ass, or
C) a dumb ass who's more stupid than the average dumb ass

Anonymous wrote:I'm guessing that the agent told the person to submit an above-ask offer and to waive contingencies. Well, guess who that benefits the most? The agent! Remember that for most agents, the key is to get a transaction to close ASAP because that's the only way they get paid. Avoid using an agent, but if you do, just remember that their goal might be to get you to buy a house as quickly as possible.

In many markets in this area, it is necessary to escalate over asking and to waive contingencies to actually win the house. Of course that is always the buyer's decision, what he/she feels comfortable doing, but to say that agents do this because it benefits them is ridiculous. Perhaps you could cognitively reframe this-that your agent gave you advice about how to structure the offer so that you actually had a chance of getting the home. Obviously escalating and waiving contingencies would only be necessary in a competitive situation.

I realize there are bad agents that ARE only thinking of themselves but there are also many, many of us who do the right thing for their clients, always, as hard as that may be for people on this site to believe.

Anonymous wrote:

Anonymous wrote:Here are some things she did:

-tried for a year to sell me a house that was above my budget and that she knew needed $50K septic system replaced (didn’t tell me that part until after it was sold to someone else)
-told me I’m the first person who has ever actually read the entire offer contract
-told me things missing from sellers disclosure (incl age of water heater and whether ac was working) were nbd
-told me basement moisture evidence was nbd.
-told me loose stair pavers were nbd
-scheduled walkthrough an hour before closing
-did not recommend an escrow for these and other things wrong I noticed that weren’t in the disclosure or inspection
-told me if I didn’t close over these things I’d lose my whole deposit

I found the house myself and she was in it for ten minutes without me once and then only at the walkthrough. On her advice I bid $100K over ask with $50k deposit, no inspection or contingencies and 30d close.

Some of this is on you. Even if you don’t have an inspection contingency you should have a home inspector walk through the house with you and point things out and you should ask questions.

PP's agent shouldn't have lied to her. That's unethical. Plus you're not allowed to just access the property to perform an inspection that wasn't agreed to without the seller's permission.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

No, they don't. That's a baldfaced lie.

They will steer clients to people they have experience with to ensure the deal closes without any hiccups.

DP here. Realtors DO get kickbacks! Quit trying to cover for your corrupt practices.

No they don't, you stupid dumbass. And, I'm not an agent.

Jesus, you stupid people with your rabid imaginations.

Anonymous wrote:Here are some things she did:

-tried for a year to sell me a house that was above my budget and that she knew needed $50K septic system replaced (didn’t tell me that part until after it was sold to someone else)
-told me I’m the first person who has ever actually read the entire offer contract
-told me things missing from sellers disclosure (incl age of water heater and whether ac was working) were nbd
-told me basement moisture evidence was nbd.
-told me loose stair pavers were nbd
-scheduled walkthrough an hour before closing
-did not recommend an escrow for these and other things wrong I noticed that weren’t in the disclosure or inspection
-told me if I didn’t close over these things I’d lose my whole deposit

I found the house myself and she was in it for ten minutes without me once and then only at the walkthrough. On her advice I bid $100K over ask with $50k deposit, no inspection or contingencies and 30d close.

-- I'm not sure why she was telling you about a house needing septic when you didn't buy it, but it's highly unlikely she knew it needed replacing until after the different buyer was under contract and had an inspection done. So you're grasping at that one.

-- Maybe you were the first person to read the entire offer contract. I don't understand how making that observation is some kind of foul?

-- Age of water heater and AC functioning are, in fact, NBD in terms of a seller disclosure. This is why you get an inspection.

-- Basement moisture is probably NBD too. Again, that's why you have an inspection. Most basements have moisture, anyway.

-- I don't know what a "stair paver" is, but loose pavers are NBD -- certainly not something you kill a house contract over.

-- You don't escrow for these little things. Either you want the house or not. You can try to ask the seller to fix them in the home inspection negotiation period, but they'll probably tell you to no.

-- And, yeah, if you didn't close over these things, you probably WOULD lose your deposit.

Honestly, you sound like a nightmare to work with. You sound very ignorant about homebuying, although you also sound like you don't know what you don't know and also like you might be the type who's frequently wrong but rarely in doubt.

And, since you will no doubt make an accusation, I'm not an agent or in any way connected to the industry.

Anonymous wrote:

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

No, they don't. That's a baldfaced lie.

They will steer clients to people they have experience with to ensure the deal closes without any hiccups.

DP here. Realtors DO get kickbacks! Quit trying to cover for your corrupt practices.

Anonymous wrote:Honestly, it's nearly impossible to decipher all that paperwork and fees and taxes and everything else you're forced to sign at closing. It's very common for a realtor to push you toward a certain title insurance company, home inspector, etc. and even try to lead you to a specific lender and homeowners insurance company. They may get commissions (kickbacks) from those companies for leading customers to them. It's all a racket but remember that the homebuyer is the only real source of money in the transaction so they are the ones who get jerked around the most.

No, they don't. That's a baldfaced lie.

They will steer clients to people they have experience with to ensure the deal closes without any hiccups.

Anonymous wrote:Here are some things she did:

-tried for a year to sell me a house that was above my budget and that she knew needed $50K septic system replaced (didn’t tell me that part until after it was sold to someone else)
-told me I’m the first person who has ever actually read the entire offer contract
-told me things missing from sellers disclosure (incl age of water heater and whether ac was working) were nbd
-told me basement moisture evidence was nbd.
-told me loose stair pavers were nbd
-scheduled walkthrough an hour before closing
-did not recommend an escrow for these and other things wrong I noticed that weren’t in the disclosure or inspection
-told me if I didn’t close over these things I’d lose my whole deposit

I found the house myself and she was in it for ten minutes without me once and then only at the walkthrough. On her advice I bid $100K over ask with $50k deposit, no inspection or contingencies and 30d close.

Some of this is on you. Even if you don’t have an inspection contingency you should have a home inspector walk through the house with you and point things out and you should ask questions.