I just realized I cannot fire my RE/Max realtor for any reason even though we just signed our exclusive listing agreement. I am worried now I cannot back out with this agent, I will be screwed if something later happens. Not that I am expecting anything bad to happen.
2006-11-22 14:46:17 · 7 answers · asked by bluasakura 6 in Business & Finance ➔ Renting & Real Estate
Individual realtors can be good or bad working for any office. You have certain protections built in by law and by the Code of Ethics of Real Estate. Your realtor has a fiduciary duty to you, that means they have to hold your interests above and beyond thier own. If you have a problem with the individual realtor, they likely have a broker they report to who you can appeal to. This almost sounds like buyers remorse...your realtor can't sell your house without your consent. Most realtors are ethical, hardworking and will take care of you and guide you though this very important and complex process. You will likely get lots of horror stories as requested. Don't get scared. If you decide during the process that you don't trust your realtor, let the agreement expire and start over. Hopefully you interveiwed several realtors before signing or were referred by someone who knows this person. Best of luck!
2006-11-22 15:04:21 · answer #1 · answered by heart o' gold 7 · 3⤊ 0⤋
I feel there has to be a confort level with your agent. If you are not then you should cancel the contract. There are alot of bad realtors as well as good ones no matter what company they are with. As an appraiser I deal with alot of realtors; from my experience Prudential is one of the better ones. It really doesn't matter if they are a national realty or nor Foxton's and Century 21 in my opinion are definitely not on my good list; most ofthe agents are very unprofessional (use bait and switch tactics, lie and overprice the property) also stay away from discount brokers who charge you a set fee because it will not attract other brokers because the commission is too low. My advice is to seek out a realtor through word of mouth.
2006-11-23 05:31:42 · answer #2 · answered by tianaramal 4 · 0⤊ 0⤋
I am working with an agent from Re/Max in AZ and he is honest and not pushy.
Prior I had a agent who had a buyer that "was qualified" he held me for a month removed the house from the listing in the end the buyer was not qualified and wanted me to carry back some loan by the end of our contract I did not want to work with him again. I called his office and I told them that he kept me for a month, wasted my time, removed the house from the listing and even took the keys from the box so other agents could not get in.
Bad & good agents come in all sizes and shape.
2006-11-23 04:00:29 · answer #3 · answered by Isabella789 4 · 0⤊ 0⤋
Remax is a national company, and they have very high standards. If you're not happy with your agent, call the broker and discuss it. It's always possible that you have the newest agent in town, or a personality clash, but whatever it is, they will probably assign another agent, or possibly take care of you themselves.
If you really don't feel they are performing under the contract, you can cancel it. Their job doesn't end when you sign, it just starts there. You do have the right to a decent level of service.
2006-11-22 15:20:42 · answer #4 · answered by open4one 7 · 1⤊ 0⤋
You can always terminate your listing. You can always fire your agent. You don't even need an excuse. You just tell her, or her manager(broker) that you want to terminate and will ask you to fill out a termination form. No worries, You should not have to deal with a realtor you are not happy with.
2006-11-22 14:50:14 · answer #5 · answered by Constanza 2 · 0⤊ 0⤋
I listed my house with RE/Max in Florida five years ago. They PROMISED that they would find only "preapproved" qualified buyers. They found a buyer that they said was "preapproved" and we accepted the offer made. RE/Max had assured us the buyers were good as gold. So we went on with our plans and made our move out of state. We kept making phone call after phone call to find out what the holdup with closing was, we come to find out the buyers couldn't get a mortgage without us carrying a note for $10,000. Guess what? Yep...they defaulted within a year, the house went to foreclosure and I was out the $10,000. I wouldn't trust RE/Max again!
2006-11-22 15:24:33 · answer #6 · answered by breezygirl 3 · 0⤊ 0⤋
"Not that I am expecting anything bad to happen"
I'm a little curious if you're not expecting anything bad to happen as to why you're so concerned? You likely did some research before hiring this agent and was duly impressed with them so I'm not seeing the problem. It might be a good idea not to put the cart before the horse and just relax.
Most agents are trained professionals and their reputation depends on their selling your home. Why don't you just let them do their job? Good Luck
2006-11-22 14:52:30 · answer #7 · answered by junebug 5 · 2⤊ 1⤋