we signed friday on a house on 5 acres of land. we went through another realtor because the one selling never called us back. Well when we signed on friday there were no other offers. my realtor called him friday after we made the offer and on sat. no responce. he called him again on monday - nothing. tuesay he finally got ahold of him and said that there were 2 other offers and he was taking another one, not ours. the reason he did get back with him is because he dosen't work on weekends and monday was a holiday. now the only thing left for us to do is to offer the asking price. if we do that can they offer the same and get the house or can they offer more than the asking price?? I really feel like the realtor selling the house is screwing us and not giving us a fair chance to get the house. We have already been approved for the morgage, so that is not the issue. please help me?????
2006-10-11 05:23:58 · 10 answers · asked by ♥mommy of 4♥ 4 in Business & Finance ➔ Renting & Real Estate
I think that realtor was lying to you. He doesn't work on weekends and Monday was a holiday? I don't think so. My husband is a realtor and he works everyday of the week. Even during the slow times. He is constantly on the phone with someone. He sometimes is on the phone at midnight. This realtor seems shady. I think he is playing favorites. You can get the house if you give them the selling price or higher. The realtor has to take your offer. No ifs ands or buts about it. Your offer will be excepted if you offer the amount they want or higher.
Good Luck!
2006-10-11 06:03:19 · answer #1 · answered by ? 6 · 0⤊ 0⤋
If the offer has been accepted by the seller, then you really are sol. However, if it is only an offer made, and not accepted you can offer more, including more than the asking price if needed. You may wish to contact the seller directly, so that he knows you are serious, and he can talk to his own realtor about his actions. As well, many people use a realtor other than the selling onne, for their own comfort. Hope this helps.
2006-10-11 05:29:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The selling agent has an obligation to present the offers as they come in. and in a timely manner. However, agents are not obligated to stay home or at the office 24/7. They are allowed to go out of town, just as sellers are. If the agent (or the seller) had obligations that would not allow the offer to be presented until Tuesday, then that is all that can be done.
As far as offering more than asking price... (in California) any buyer can offer any price they would like, so yes, they can offer more than the asking price. I don't know why the seller's agent would be wanting to screw you or not give you a fair chance to buy the house.
It sounds to me like the agent got multiple offers over the weekend, presented all of them on Tuesday. The agent should be working on behalf of their seller and attempting to get the best deal for them.
If I were you, I would consider what the maximum price I am willing to pay for the house, and stick to it. Do consider however, not just an emotional price like $250K, but consider the payments as well. Once you have established your maximum, create a counter offer based on this new maximum. I'm sure you would hate to loose the house by $2,000 when you would have been willing to pay it.
Good Luck,
Kevin
http://www.KevinScolastico.com
2006-10-11 06:45:32 · answer #3 · answered by kevin s 2 · 2⤊ 0⤋
I'm afraid you folks didn't do your homework! I work at my clients convenience! That always includes weekends. I'd tell that Realtor to take a hike. Now do your homework, interview 3 different Realtors form different companies and select one that has a GRI or CRS designation and has worked the area for many years, and one you feel comfortable with and can trust. Using the listing agent isn't a bad thing, however in most cases they represent the seller, keep that in mind. You have lost this property, so you will need to continue to look. But listen to me about interviewing Realtors, I am one.
2006-10-11 06:02:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The realtor can not decide what offer is being accepted. It is up to the seller to accept offers and until contracts are signed they can change there mind. Although it is unethical and the realtor can lose his license, he could be lying to try to get another offer. There is really ont much you can do but offer what you what to offer and see if its accepted.
2006-10-11 07:17:32 · answer #5 · answered by strtat2 5 · 0⤊ 0⤋
realtor's are sometimes shady like car salesmen... unfortunately if you make an offer and some one else makes a better offer they will except the higher one but if they accept your offer and then get a higher offer they cant accept the other one because all parties signed an agreement.. maybe it just wasn't meant to be and you will find a better house .. don't get discouraged this happens alot..GOOD LUCK
2006-10-11 05:27:57 · answer #6 · answered by Muy Buena 4 · 0⤊ 0⤋
He did screw you some Realtors (the selling agent) wont take offers from other Realtors because it cuts into their percentage....it happened to me once
2006-10-11 05:28:03 · answer #7 · answered by Diamond in the Rough 6 · 0⤊ 0⤋
i could in basic terms think of the cracks are being brought about from the homestead being outfitted on land. See what those builders desire to do. Is pass and pile say 2 ft of airborne dirt and airborne dirt and dust to construct up the place they are going to pour the slab for the beginning. it is somewhat quite stupid. it could be plenty smarter to shrink it down, 2 ft from the place the unique top develop into to start with, then pour the slab. Why? properly easy. They hire some mexicans to run over this airborne dirt and airborne dirt and dust with a "compactor". What it truly is, is a gas powered little vibrator, which you push kind of such as you may a backyard mower, that's meant to compact each and all the sand jointly to make it harden, and take each and all the air out from it, making it good. Or so as that they think of. properly they then pass and pour this concrete slab on precise of what they only compacted. Any little section that mexican or whoever is working the compactor misses, gets concrete placed onto it. which isn't a good concern. Then over the years, you initiate noticing cracks on your beginning such as you defined. And cracks contained in the floor, the slab itself decrease than the flooring. quickly, from the value of what it sounds yours is you will even start to observe cracks in partitions, regularly around door frames earlier something. Ceiling moldings will start to crack and become self reliant from the ceilings besides. it truly is definitely the builders accountability. you will desire to touch the builder, and the inspector. Get a replica of blue prints besides. you will desire to take the realtors suggestion of hiring a geotechnical engineer. they might desire to be waiting to assist you comprehend precisely what the homestead develop into outfitted on. it truly is a shame they build homes that way. this is how they do it right here in Houston besides. In Lubbock, west Texas they dig down and then pour the slab. no longer build up then pour. to purpose and a minimum of make a a million/2 a monkeys rear attempt to stay away from stuff like what you're dealing with from happening. good success to you.
2016-10-02 04:47:20 · answer #8 · answered by boland 4 · 0⤊ 0⤋
1. Yes you can get more than the asking price if a bidding war happens.
2. Go to a lawyer at once. You could get caught having to pay 2 commissions here.
2006-10-11 05:27:14 · answer #9 · answered by Anonymous · 0⤊ 0⤋
You signed what? An offer? The best offer will always win. It's up to the owner to accept what he wants.
2006-10-11 05:36:52 · answer #10 · answered by KathyS 7 · 2⤊ 1⤋