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Old 12-20-2015, 09:58 PM
 
Location: Somewhere in America
15,479 posts, read 15,626,751 times
Reputation: 28463

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She needs a real estate attorney NOW not internet advice.
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Old 12-20-2015, 10:16 PM
 
12,973 posts, read 15,805,587 times
Reputation: 5478
Quote:
Originally Posted by ss20ts View Post
She needs a real estate attorney NOW not internet advice.
No indicatlion of that at this point. Normal retainer here would be about $300. Why would she pay that.
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Old 12-20-2015, 10:29 PM
 
Location: Somewhere in America
15,479 posts, read 15,626,751 times
Reputation: 28463
Quote:
Originally Posted by lvoc View Post
No indicatlion of that at this point. Normal retainer here would be about $300. Why would she pay that.
Did you read the OP? She has a real estate contract with the agent! You don't just get to walk away. The agent is up to something. She needs a real estate attorney. Not internet advice.
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Old 12-20-2015, 11:09 PM
 
Location: Sacramento
2,568 posts, read 6,751,457 times
Reputation: 1934
Quote:
Originally Posted by ss20ts View Post
Did you read the OP? She has a real estate contract with the agent! You don't just get to walk away. The agent is up to something. She needs a real estate attorney. Not internet advice.
All she has been asked for right now is a signature which she can refuse. If they ask her for money then she would need a lawyer.
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Old 12-20-2015, 11:31 PM
 
12,973 posts, read 15,805,587 times
Reputation: 5478
Quote:
Originally Posted by ss20ts View Post
Did you read the OP? She has a real estate contract with the agent! You don't just get to walk away. The agent is up to something. She needs a real estate attorney. Not internet advice.
I understand it quite well. Suspect it is mostly a communication problem.

There is a very tiny possiblilty she might need a lawyer. But weeks from now and after a whole lot more discussion and events. Right now she would simply be wasting money.

And yes internet advice may be exactly what she needed and has received.
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Old 12-21-2015, 02:24 AM
 
Location: Northern Maine
10,428 posts, read 18,686,915 times
Reputation: 11563
There are three magic words she could use;

Real Estate Commission.
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Old 12-21-2015, 10:44 AM
 
12,973 posts, read 15,805,587 times
Reputation: 5478
Quote:
Originally Posted by Northern Maine Land Man View Post
There are three magic words she could use;

Real Estate Commission.
Not in NV. Do a lot better with a RE Board. The NV Real Estate Division pretty much went to a revenue collecting agency only in the down turn and has never really recovered. No resources to do any heavy enforcement.
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Old 12-27-2015, 09:46 AM
 
Location: California
6,421 posts, read 7,670,347 times
Reputation: 13965
Quote:
Originally Posted by Northern Maine Land Man View Post
There are three magic words she could use;

Real Estate Commission.

Exactly!

Any person has the right to consult with a lawyer at any time in the U.S. Do not allow any commissioned sales person tell you to trust them, and not a highly educated professional who had a legal duty to protect your interests. Demanding a high commission does mean you have to agree to the sales person's demands as once the ink is dry they are laughing all the way to the bank. All you need is a good real estate lawyer and escrow agent, no need to play their commission games.
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Old 12-28-2015, 01:31 PM
 
9,891 posts, read 11,768,929 times
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Quote:
He is right, he has invested time and money and she is the one who is terminating the contract. So no this count the agent is right. It's just a matter of how much time and money he did invest. That sometimes is just part of the deal with being a agent. If she is terminating the contract because she decided not to sell ok I believe he should get some compensation for time and money spent. But she is terminating because of his high pressure subversive tactics. If the contract simply ran its course and ended and she decided not to renew that's just part of the game and no compensation is warranted
As the agent has not produced a contract that is acceptable to the seller, he has earned no money. His attitude when he brings in lower offers, and tries to pressure her, is grounds to withdraw the property at this time. On the other hand, she cannot sell the home FSBO or using another agent, before the listing contract expires or she still may have to pay the agency the full commission even if they do not sell it.
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