Our agent is not fullfilling her side of the contract. In 2 months shes had 2 open houses. The flier is not what we wanted printed. She left out important details, and she never is returning our calls.Does not pursue clients and faulsely got me to sign a contract I didn't want to sign. Please help..
2006-09-04 08:04:32 · 6 answers · asked by JIMMY E 1 in Business & Finance ➔ Renting & Real Estate
The agent never gave a complete contract. Only the part of her representing us and the signatures. and no time did she say we could find buyers ouselves. She toold us she has a lot of personal problems right now and hasn't been able to focus on our property.
2006-09-04 09:05:46 · update #1
The agent never gave a complete contract. Only the part of her representing us and the signatures. and no time did she say we could find buyers ouselves. She toold us she has a lot of personal problems right now and hasn't been able to focus on our property.
2006-09-04 09:05:47 · update #2
Read your contract. There should be a clause in there somewhere about terminating the contract. If there is, and you are truly not happy, fire her.
2006-09-04 08:49:44 · answer #1 · answered by Sharingan 6 · 0⤊ 0⤋
What you have here my dear friend is a listing agent. She list as many houses as she can for as long a listing time as possible, in hopes that another real estate agent will eventually sell the house where she will split the commission.
Solution: She told you she was having personal problems, go to her broker and tell them that since she has personal problems she has not been able to take care of selling your home and you want out of your contract. She is also not returning your calls in hopes that someone will find a buyer before her contract runs out.
If they have a problem you may take the problem to the local realtors board for a solution,make sure that the broker understand this is one avenue you are considering.
You might also inquire as to how many listing your agent has personally sold as oppose to how many of her listings were sold by others. There is a difference.
About signing a contract you did not want to sign, come on we are all big boys here, you should not have signed the contract if you felt uncomfortable. You should never "NEVER" sigh a real estate contract to sell your house for any more than 60 days. If they don't want to accept that then go to another there are a million of them out there.
About open houses there are liabilties with this operation, however it is still one of the main tools used in the selling of properties. Isn't it funny the agent sells you on the amount of open houses they plan to have and when push comes to shove now it is not a preferred tool to use.
Funny creatures these people that are called real estate agents.
I hope this has been of some help to your, good luck.
"FIGHT ON"
2006-09-08 05:45:34 · answer #2 · answered by Skip 6 · 0⤊ 0⤋
there are many things a realtor does that people aren't aware of because they aren't told or it's not specifically listed in the contract but they do them anyway.
You expect your house to be sold in 2 months when the quickest cross-country time these days for sales is 6 months. Houses have doubled in price and insurances and taxes have risen and people just aren't buying that quickly now.
These days we real estate agents don't hold open houses because of the safety issue. Instead we hold them for our brokers and do the caravan tours wherein we get a bunch of agents together to just go and check out a bunch of houses and then they know how to sell them and what's available.
If she left our important details it was probably because either there was not enough room on the brochure or because what you felt was important is not an items that sells homes these days. She's probably not returning your calls because she doesn't have anything for you yet. The procedure these days is for the buyer FIRST to be approved for a loan and then the realtor will show them around. If there are no bank approved buyers coming her way then she is advertising your property in other ways.
Contracts with agents/realtors can be and usually are 6 months or a year or automatically renewed. There are two kinds of contracts (some brokers offices only use the one)...one says the realtor you choose is the only person allowed to sell the property, and, you are to send to her anyone who asks you about the property as well. The other contract is one in which both the realtor AND YOU try to sell the property at the same time and whoever gets the sale gets the sale. If the realtor doesn't then they don't get their commission.
These days (because it's difficult to sell homes right now) to sell a home there are incentives being offered by the seller, like trips for vacations, even new cars thrown into the deal so the property will be sold quickly.
Pursuing clients does cost money for ads in realtor type magazines, for belonging to organizations, putting up signs on your property, sending out post cards and making contacts, putting pictures in magazines, sometimes making videos for the internet, and for the realtor's education and backing of their attorney to protect you.....so when it comes time to pay your realtor their commission you can rest assured they have worked hard for that, and paid your bills for the sale.
You need to know also that when there is a commission it's split four ways (2 of the brokers, and 2 of the realtors/RE agents...and that all 4 have done their job to get the home sold). As mentioned, the market is very slow now for sellers.
Think about what else can make your home marketable. A cut in price? advertising a new school nearby? a fireplace? a pool? a new roof? allowing applicances and draperies to be included in the sale? new siding? is your wiring up to code? have you recently received new water lines, a new street, are you close to a mall, a church, etc????
2006-09-04 15:21:52 · answer #3 · answered by sophieb 7 · 1⤊ 1⤋
you need to go to your agents broker and explain your situation. give them a chance to make things right with a different agent. if they won't/can't there should be a termination of listing form you can ask for and sign. they are not oblogated to do so but they might.
2006-09-04 16:45:50 · answer #4 · answered by daniel r 4 · 0⤊ 0⤋
If you signed for 3 months, than you don't have much more to go.
Make sure you talk about all the important details with your new realtor.
2006-09-04 16:12:04 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Every state has there own laws. I suggest calling the Department of Real Estate in your area and asking them this question.
2006-09-04 16:29:35 · answer #6 · answered by Debbie P 2 · 0⤊ 0⤋