U.S. Cities  

Go Back   City-Data Forum > General Forums > Real Estate > Real Estate Professionals
Register Blogs Search Today's Posts Mark Forums Read

Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 700,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads.

Get a detailed profile
Search Forums  (Advanced)
Business Search - 14 Million verified businesses
Search for:  near: 
Reply


 
Old 09-24-2008, 07:43 AM
It's my turn!!!!!
 
Join Date: Sep 2007
Location: GA
2,027 posts, read 1,822,299 times
Reputation: 452
brookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of light
Default seller contacting buyer's agent

I realize it isn't "proper" for a seller to contact a buyer's agent, but is it totally out of line? The reason I'm considering it is my agent told a prospective buyer's agent that their offer was too low. She never contacted me. I never instructed her to do that. When she told me what she did, I told her I want to consider all offers. I didn't think it was that low for a start either (389,900, listed at 419,900). The agent never submitted the offer. I'm wondering if the offer was the buyer's max, or if the agent was turned off by my agent's response.

So, what do I do? I feel like sending an email to the buyer's agent telling her to submit the offer. Thoughts? TIA
Reply With Quote Quick reply to this message

 
Old 09-24-2008, 08:50 AM
Real Estate Agent
Status: "Cold! Cold, cold, COLD!" (set 3 days ago)
 
Join Date: Feb 2008
Location: Central Texas
7,595 posts, read 4,438,860 times
Reputation: 2617
TexasHorseLady has a reputation beyond repute
TexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond reputeTexasHorseLady has a reputation beyond repute
You can ask your agent to contact the buyer's agent and tell her she spoke out of turn and that you will look at all offers. If she won't do that, speak to her broker.

However, offers that aren't in writing frequently don't materialize for one reason or another; that this one didn't come in may have had nothing to do with what your agent said. I've learned not to tell my seller that an offer is anticipated until I've actually got it in my hot little hands (unless there is a question that needs answering for the buyer before they send it in), for that reason.
Reply With Quote Quick reply to this message
 
Old 09-24-2008, 08:56 AM
Real Estate Agent
 
Join Date: Jun 2007
Location: Tucson, AZ
529 posts, read 511,989 times
Reputation: 286
michael krotchie is a jewel in the roughmichael krotchie is a jewel in the roughmichael krotchie is a jewel in the roughmichael krotchie is a jewel in the roughmichael krotchie is a jewel in the roughmichael krotchie is a jewel in the rough
Quote:
Originally Posted by TexasHorseLady View Post
I've learned not to tell my seller that an offer is anticipated until I've actually got it in my hot little hands (unless there is a question that needs answering for the buyer before they send it in), for that reason.
QFT!

Brookdaleresident I'd definitely have a chat with your agent and be explicit when you say you want to look at all offers (sounds like you have already).

That aside, if the offer or suggestion of offer was verbal the agent shouldn't have summarily dismissed it as being too low and should have repeated that "the seller will look at all offers."
Reply With Quote Quick reply to this message
 
Old 09-24-2008, 09:43 AM
Realtor
 
Join Date: Aug 2007
Location: Columbia, SC
3,557 posts, read 2,240,040 times
Reputation: 1167
Brandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud of
Well I can't tell you what to do but I think I personally would speak with my agent to verify what happened (and get it in writing), then fire my agent and report them to the local board. I would either then have the BIC assign a new agent to me, or better yet release me the Ex. Right to Sell including the protection clause for finding the buyer. Then I would offer the buyer agent the same commission and do the deal myself. Of course, I'm not sure what your best course of action is nor is this legal advice.

Unless of course it was a verbal offer and the agent said to put it in writing or something of that nature which alters everything. How did you find out about this and did they ever submit an offer in writing to your agent? To much unknown to really give sound, solid advice I think.
Reply With Quote Quick reply to this message
 
Old 09-24-2008, 11:30 AM
It's my turn!!!!!
 
Join Date: Sep 2007
Location: GA
2,027 posts, read 1,822,299 times
Reputation: 452
brookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of lightbrookdaleresident is a glorious beacon of light
Appreciate your responses. The buyer's agent called my agent to tell her she was about to fax over the offer. When my agent heard the amount, she made that comment,
Reply With Quote Quick reply to this message
 
Old 09-24-2008, 11:48 AM
Junior Member
 
Join Date: Sep 2008
Location: Spearfish,SD
5 posts, read 2,908 times
Reputation: 14
Cherish605 is on a distinguished road
It is your realtors obligation to present ALL offers to you as the seller, it should state that in your agency paperwork. I would suggest talking with their Broker so they know whats going on.
Reply With Quote Quick reply to this message
 
Old 09-24-2008, 04:50 PM
Realtor
 
Join Date: Aug 2007
Location: Columbia, SC
3,557 posts, read 2,240,040 times
Reputation: 1167
Brandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud ofBrandon Hoffman has much to be proud of
Well, under the last scenario the buyers agent should have still sent the fax. I don't know details but they could both be at fault. Talk it over with the Broker in Charge.
Reply With Quote Quick reply to this message
 
Old 09-24-2008, 08:24 PM
Member
 
Join Date: Jul 2007
78 posts, read 70,104 times
Reputation: 18
MovingIL is on a distinguished road
Actually, if my buyer's agent told me that reaction - i might well tell her not to fax the offer...That listing agent has really screwed up (assuming we are given the whole story)! And really, in this market, that's not an outrageously low offer.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 08:46 AM
Real Estate Agent
 
Join Date: May 2007
Location: Palm Coast, Fl
2,010 posts, read 1,619,048 times
Reputation: 643
palmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to allpalmcoasting is a name known to all
Quote:
Originally Posted by brookdaleresident View Post
Appreciate your responses. The buyer's agent called my agent to tell her she was about to fax over the offer. When my agent heard the amount, she made that comment,

As stated above... call her broker immediately and tell them what happened. She may have just cost you a sale. I'll say it again..sometimes Realtors® are their own worst enemies. Her response should have been, great! Send it over! And then present it to you and discuss with you the various options to proceed.
Reply With Quote Quick reply to this message
 
Old 09-25-2008, 08:47 AM
Real Estate Agent
 
Join Date: Sep 2008
Location: Fort Worth
140 posts, read 92,588 times
Reputation: 23
Texas-RE-Broker is on a distinguished road
Send a message via Yahoo to Texas-RE-Broker
Yeah that selling agent could get in some big trouble
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.



Reply


Quick Reply
Message:

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads


Go Back   City-Data Forum > General Forums > Real Estate > Real Estate Professionals

All times are GMT -6. The time now is 05:14 AM.

Copyright © 2005-2009, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13 - Top