What if the purchasing persons are related to the realtor. I requested to put in an offer on some vacant land, and after a few days of silence the realtor tells me the property is pending. can i fight back or should i just use a different realtor next time!
2006-06-14 14:14:36 · 8 answers · asked by Jennica 3 in Business & Finance ➔ Renting & Real Estate
It's not illegal BUT it is against the realtor morals, call the real estate board and put in a commplaint with them then call the realtors broker, more then likely they will lose there licence, and recieve some maijor fines.
If you want help I will help, I hate to see my profession down graded. Rameybl@kw.com
2006-06-14 14:23:01 · answer #1 · answered by Anonymous · 5⤊ 0⤋
If your OWN realtor went behind your back after you made an offer and offered the property to their relative, you may have a cause for legal action 'cause the realtor violated their professional responsibility to you as a client. They may also have violated their responsibility to the seller, especially if your offer was higher and the seller didn't know about it.
Fight back!
2006-06-14 14:24:19 · answer #2 · answered by Diane D 5 · 0⤊ 0⤋
Actually, they are required by law to present any offer to the seller that has been made. Only if the other offer was made first can they get by with not presenting yours, but it sounds like I would want a new realtor, if it were me.
I worked in a RE office for about 7 years, and 2 or so as a listing/selling agent. Sure doesn't sound too kosher to me.
Ask a lawyer, if you really want to fight it.
Good luck!
PS> Let me rephrase something....only if the other offer was made first, and ACCEPTED....
2006-06-14 14:21:29 · answer #3 · answered by shiba 4 · 0⤊ 0⤋
I'm not sure if this is illegal but it is most definitely unethical. Contact your state's Board of Realtors. They are the group that licenses realtors in your state. Explain your situation to them and see what they say. They may begin an investigation and it is possible that this realtor will lose their license.
2006-06-14 14:23:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If you asked to put an offer on a property and you didn't because the property is pending a contract a few days after you requested to put an offer on, why did you wait a few days?
Next time don't request to put an offer on a property, just put an offer on the property.
2006-06-14 16:18:11 · answer #5 · answered by Superman P 2 · 0⤊ 0⤋
There is not much you can do. It's not right and I'd get in touch with the owner of the real estate and let them know you are taking your business somewhere else, unless the Realtor is the owner then just move on!
2006-06-14 14:19:03 · answer #6 · answered by Abs 2 · 0⤊ 0⤋
It's not illegal... unethical, maybe. If you put in an offer, then the realtor is required by law to present your offer to the seller. If you didn't put in an offer, then it's fair game.
2006-06-14 14:27:18 · answer #7 · answered by scubalady01 5 · 0⤊ 0⤋
It replaced into the day my dad died - i replaced into 6. I keep in suggestions doing a Victoria Plum puzzle and slightly replaced into lacking. It replaced into purely later that I drew the analogy from it. The lacking piece from my existence.
2016-10-30 22:08:49 · answer #8 · answered by harib 4 · 0⤊ 0⤋