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Old 11-16-2010, 07:07 AM
 
Location: South Charlotte
1,435 posts, read 5,769,490 times
Reputation: 486

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You guys realize this thread is 3 years old, right?
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Old 11-16-2010, 07:12 AM
 
171 posts, read 317,750 times
Reputation: 95
The moral of the story here is that ultimately YOU are responsible for any contract that you sign and you should not sign any real estate contract without fully understanding what is in it. If you are unable to read it, then a $200 spent at an attorney's office is well worth the time and effort spent. If anyone, who stands to gain materially from the sale, utters the word's "trust" or "don't worry about it" then the red flags should start flying up.

IMO, a real estate agent isn't anything more than a glorified salesman. Do you trust car salesmen? If so, I've got a couple of bridges that I would like to sell you.

I'm not sure I completely believe the OP's story however nor the one prior to this one as nobody is forced to take a contract. In any case and one more time, never trust anyone in a real estate deal. This is why there are such things as a written contracts and don't sign it until you know what is in it.

Edit: The advice is even more relevant now, than it was 3 years ago. And speaking of that, how many people are now underwater, foreclosed on and so forth because over the last 3 years they tthey listened to the advice of their real estate agents?

Last edited by CherryTwist; 11-16-2010 at 07:33 AM..
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Old 11-16-2010, 07:23 AM
 
Location: Charlotte NC
4 posts, read 5,274 times
Reputation: 12
Quote:
Originally Posted by Charlottean View Post
You guys realize this thread is 3 years old, right?
So...its okay for realtors to be unethical now? I must have missed that memo
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Old 11-16-2010, 07:31 AM
 
Location: South Charlotte
1,435 posts, read 5,769,490 times
Reputation: 486
Quote:
Originally Posted by MMH48 View Post
So...its okay for realtors to be unethical now? I must have missed that memo

Why don't you take some time to read back through the thread and review my comments.

Nice 3rd post, thanks for contributing to our forum.
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Old 11-16-2010, 10:17 AM
 
3,115 posts, read 7,137,406 times
Reputation: 1808
Quote:
Originally Posted by CherryTwist View Post
The moral of the story here is that ultimately YOU are responsible for any contract that you sign and you should not sign any real estate contract without fully understanding what is in it. If you are unable to read it, then a $200 spent at an attorney's office is well worth the time and effort spent. If anyone, who stands to gain materially from the sale, utters the word's "trust" or "don't worry about it" then the red flags should start flying up.

IMO, a real estate agent isn't anything more than a glorified salesman. Do you trust car salesmen? If so, I've got a couple of bridges that I would like to sell you.

I'm not sure I completely believe the OP's story however nor the one prior to this one as nobody is forced to take a contract. In any case and one more time, never trust anyone in a real estate deal. This is why there are such things as a written contracts and don't sign it until you know what is in it.

Edit: The advice is even more relevant now, than it was 3 years ago. And speaking of that, how many people are now underwater, foreclosed on and so forth because over the last 3 years they tthey listened to the advice of their real estate agents?
Absolutely spot on. The real estate game is moved along by money, plain and simple. I realize this thread is three years old, but as soon as I read that the agent told the seller not to worry, that he'd worked w/the other agent before, I knew that he simply wanted to do as little work as possible for as much gain as possible. Pretty typical!
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Old 11-16-2010, 10:38 AM
 
1,343 posts, read 3,337,570 times
Reputation: 981
Quote:
Originally Posted by Charlottean View Post
You guys realize this thread is 3 years old, right?
ya, why do people do that? Do they run a search on a topic of interest and find an old thread? I guess I can understand that. You don't want to start a new thread if an old one exists. But sometimes it seems something else is going on. It does drive me nuts - people responding to someone's problem of 2, 3, or 5 years ago.
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Old 11-16-2010, 02:48 PM
 
Location: Charlotte NC
4 posts, read 5,274 times
Reputation: 12
Default Typical

Quote:
Originally Posted by Charlottean View Post
Why don't you take some time to read back through the thread and review my comments.

Nice 3rd post, thanks for contributing to our forum.
HAHAHAHAHAHAHAHAHAHAHAHA

I think that my experience as outlined on page two gives me the right to chime in this public forum.

If you do not feel that way.......well...... my impressions of your Industry have once again been fulfilled.

Well done.
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Old 11-16-2010, 09:41 PM
 
3,320 posts, read 5,572,579 times
Reputation: 9681
Not quite sure how come all of these old threads keep coming back.

Just a reminder to everyone to be sure that they are comfortable with their real estate agent - A good agent is worth their weight in gold. HOWEVER, anyone investing their money should use good common sense and make their own decisions. I think as our economy worsens and people lose even more money on their investments - their agents will get more and more of the blame.
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Old 11-19-2010, 09:54 PM
 
1,039 posts, read 3,006,032 times
Reputation: 485
[quote=Charlotteborn;16682097]Not quite sure how come all of these old threads keep coming back.

Just a reminder to everyone to be sure that they are comfortable with their real estate agent - A good agent is worth their weight in gold. HOWEVER, anyone investing their money should use good common sense and make their own decisions. I think as our economy worsens and people lose even more money on their investments - their agents will get more and more of the blame.[/quote]

May I just say Amen... I in no way condone when an agent does their job badly BUT some clients will blame their agents for situation well beyond our control. I do also hope that more people report their agents when things are mishandled so we can weed out the bad ones.
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