When my real estate agent had an open house, he told us to be gone for 4 hours, we drove by 20 minutes after the open house started, and he was gone. This happened 3 times. What section of the Real Estate Business Ethics and Moral does this point to?
2007-04-08 21:43:52 · 4 answers · asked by ultimate soccer coach 2 in Business & Finance ➔ Renting & Real Estate
The agent was there for the first 20 minutes, and did not return that day.
2007-04-08 21:58:45 · update #1
This agent/broker didn't even bring anyone from his office, and never showed the house once the whole time it was listed. He had other agents call our home to set appointments with us to show our home to prospective buyers. We got into money trouble with the mortgage on the re-fi, and had to borrow money from him, and he made us put him down as the beneficiary on the deed of trust as collateral. Can he do this?
2007-04-08 22:02:10 · update #2
It was never explained to us what an exclusive agency contract was. It was the only document he presented us with. Yes, we signed it. It also says on our listing agreement that we cannnot list with another agent 120 days after the end of the listing agreement period. This agent also listed our house at a price we didn't agree upon. He even printed flyers reflecting the incorrect price and did nothing to correct it. When I asked him to cancel the contract, he said 'No, I've got too much time and effort into this', and believe me, effort is not his forte. he did nothing to promote the sale of my house when he said he did. He's shown me no proof of advertising, nor has he provided me a list of prospective buyers when I cancelled the listing.
2007-04-08 22:24:04 · update #3
Hire an attorney. You're probably going to want one for the sale anyway, so they'll probably throw in the letter that needs to be written for free.
The letter should be directed to the Broker. It should inform them of this breach of trust, and unequivocally state that the listing contract is void as of immediately. It should give the Broker the choice to agree to the cancellation in writing (by signing a copy of the letter and returning it in the included SASE), or to be reported to the state board which licenses realtors.
Then list with a new agency, and tell them why you cancelled the prior listing.
2007-04-09 00:40:03 · answer #1 · answered by open4one 7 · 0⤊ 0⤋
We've got two issues here. One is the agent's code of conduct. He definitely didn't sound professional to me. If you haven't signed an exclusive agency contract with him, don't! Find somone else who is committed to selling your house. Next, on the collateral piece, there is no law to govern this. I gathered from your question the agreement has been signed. What has been done cannot be undone without his consent so you don't have a case against him. Take this as a lesson learned.
2007-04-08 22:09:05 · answer #2 · answered by SGElite 7 · 0⤊ 0⤋
locally none. if there is a lockbox on the door, the agent wants the house empty for othere agents to show. Although it would be nice for your agent to stay to answer questions, it is not always good. The customers get the pressured feeling when too many salepeople are standing around.
2007-04-08 21:53:59 · answer #3 · answered by Carl P 7 · 0⤊ 0⤋
was he back in 4 hrs??predjudice?????
2007-04-08 21:55:53 · answer #4 · answered by Dotr 5 · 0⤊ 0⤋