Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules.
The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS.
I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.
You don't understand what you're talking about. The 6% commission is in the agreement between the listing agent and the seller. Potential buyers, their mothers, uncles and other parties who are not involved in this agreement have no right to interfere with the contractual arrangement to which they are not a party. No one is saving anyone any money as a matter of law. The listing agent's duty is to get the highest price for the house. For all you know, she's doing it. If you think buyers without agents should be saving 3%, you are quite free to offer this, but no one is under obligation to agree with you. Remember, the commission is the agreement between the seller and the agent/broker. Not the buyer.
No. The lawyer is representing herself. She is her own rep.
If she's representing herself, she'd need a real estate license. If she represents herself as a real estate attorney (i.e. does her own closing paperwork), she's free to do so, but the fact is that she still needs someone to provide access to the house. If an agent - any agent - opens the door for her, that agent has procuring cause and can claim the commission. The reality of real estate market in the U.S. means you cannot gain access to the house without someone to open the door for you. If it's the listing agent, then the listing agent will claim all 6%. If it's a buyer's agent, then the buyer agent will claim his/her share. If someone else lets you into the door (i.e. seller, open house etc.), you still need the seller and his/her agent to AGREE to rebate you part of the commission. You may not like it, but that is how the arrangement is set up.
Anonymous wrote:
Agents do not have to work with anyone they don't want to, and so she doesn't have to deal with your bs phone calls and as the pp's mentioned, she deemed you as not serious and as such, doesn't have to do anything.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules.
The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS.
I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.
You don't understand what you're talking about. The 6% commission is in the agreement between the listing agent and the seller. Potential buyers, their mothers, uncles and other parties who are not involved in this agreement have no right to interfere with the contractual arrangement to which they are not a party. No one is saving anyone any money as a matter of law. The listing agent's duty is to get the highest price for the house. For all you know, she's doing it. If you think buyers without agents should be saving 3%, you are quite free to offer this, but no one is under obligation to agree with you. Remember, the commission is the agreement between the seller and the agent/broker. Not the buyer.
No. The lawyer is representing herself. She is her own rep.
Anonymous wrote:Anonymous wrote:
Yes, but I make a lot more money than you do and did not have to settle for a job at the antitrust division of DOJ or FTC. Unlike you I deal with partners at big law who respect and trust me and who have first year assocaites easily answer your silly pleadings. You deal at your level, I will deal at mine. And I don't do it from my piss poor quality "million" dollar home in wherever it is government lawyers can afford to live. I don't deal with the likes of you, so I wouldn't know.
Anonymous wrote:99 percent of realtors are morons that have gone into the business because they have realized they truly have no marketable skills; their only option to feed themselves is to join the NAR gestapo. On the high end of the market around here where the buyers and sellers are both well educated (and oftentimes attorneys), realtors truly serve no purpose other than unlocking the door. My 8 year old could put together better marketing material than what you see on most MLS listings, and when a house goes under contract in 3 days, what work has the realtor actually done. All you need to buy/sell a home is a set of comparable sales (which, with a lag, are public record), an inspector, an attorney, and a bank. Anyone else involved in the transaction is simply a parasite. I just hope I live to see the day when the traditional real estate brokerage is killed off for good. Another antitrust suit from the FTC against the MLS might do the trick.
I encourage the OP to contact the seller directly; if the agent did not fulfill her fiduciary duty to the seller to the letter of the contract, go after her license. Until buyers and sellers start holding these idiots responsible for their behavior, this bullshit will continue. Best of luck.
Anonymous wrote:Anonymous wrote:Anonymous wrote:OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules.
The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS.
I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.
You don't understand what you're talking about. The 6% commission is in the agreement between the listing agent and the seller. Potential buyers, their mothers, uncles and other parties who are not involved in this agreement have no right to interfere with the contractual arrangement to which they are not a party. No one is saving anyone any money as a matter of law. The listing agent's duty is to get the highest price for the house. For all you know, she's doing it. If you think buyers without agents should be saving 3%, you are quite free to offer this, but no one is under obligation to agree with you. Remember, the commission is the agreement between the seller and the agent/broker. Not the buyer.
Correct ... I think the magic words to unlock any b.s. on the agent's part is making it clear in writing that OP is prepared to make an offer upon a satisfactory showing. That's not an offer per se that the agent is bound to present to the homeowner but it's getting there and should put the agent on notice.
If no dice there, there's always the option mentioned earlier of contacting homeowner directly (cc the agent)...
Anonymous wrote:Anonymous wrote:OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules.
The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS.
I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.
You don't understand what you're talking about. The 6% commission is in the agreement between the listing agent and the seller. Potential buyers, their mothers, uncles and other parties who are not involved in this agreement have no right to interfere with the contractual arrangement to which they are not a party. No one is saving anyone any money as a matter of law. The listing agent's duty is to get the highest price for the house. For all you know, she's doing it. If you think buyers without agents should be saving 3%, you are quite free to offer this, but no one is under obligation to agree with you. Remember, the commission is the agreement between the seller and the agent/broker. Not the buyer.
Anonymous wrote:Anonymous wrote:OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules.
The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS.
I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.
You don't understand what you're talking about. The 6% commission is in the agreement between the listing agent and the seller. Potential buyers, their mothers, uncles and other parties who are not involved in this agreement have no right to interfere with the contractual arrangement to which they are not a party. No one is saving anyone any money as a matter of law. The listing agent's duty is to get the highest price for the house. For all you know, she's doing it. If you think buyers without agents should be saving 3%, you are quite free to offer this, but no one is under obligation to agree with you. Remember, the commission is the agreement between the seller and the agent/broker. Not the buyer.
Anonymous wrote:OP, I think you should say you are an attorney with real estate background, and you are a serious buyer. I think you should hint at the fact that you know your stuff, and you know her stuff and you can cause her trouble if she doesn't follow the rules.
The listing agent should NOT get 5 or 6% if the buyer doesn't have a rep. That's ridiculous, and I don't think that's legal, is it? At any rate, you are representing yourself. The agent is supposed to be representing the best interests of the client, which means if you can save the client some $$ by being your own representative, then the agent SHOULD BE PURSUING THIS.
I'd say throw your legal weight around here. I smell BS, and if there's anything I hate more than BS it's real estate agent BS.
Anonymous wrote:Anonymous wrote:99 percent of realtors are morons that have gone into the business because they have realized they truly have no marketable skills; their only option to feed themselves is to join the NAR gestapo. On the high end of the market around here where the buyers and sellers are both well educated (and oftentimes attorneys), realtors truly serve no purpose other than unlocking the door. My 8 year old could put together better marketing material than what you see on most MLS listings, and when a house goes under contract in 3 days, what work has the realtor actually done. All you need to buy/sell a home is a set of comparable sales (which, with a lag, are public record), an inspector, an attorney, and a bank. Anyone else involved in the transaction is simply a parasite. I just hope I live to see the day when the traditional real estate brokerage is killed off for good. Another antitrust suit from the FTC against the MLS might do the trick.
I encourage the OP to contact the seller directly; if the agent did not fulfill her fiduciary duty to the seller to the letter of the contract, go after her license. Until buyers and sellers start holding these idiots responsible for their behavior, this bullshit will continue. Best of luck.
Yes, but I make a lot more money than you do and did not have to settle for a job at the antitrust division of DOJ or FTC. Unlike you I deal with partners at big law who respect and trust me and who have first year assocaites easily answer your silly pleadings. You deal at your level, I will deal at mine. And I don't do it from my piss poor quality "million" dollar home in wherever it is government lawyers can afford to live. I don't deal with the likes of you, so I wouldn't know.