HAPPY HAPPY JOY JOY

[GerardC]

</font><font color="blue" class="small">( And now for "The rest of the story"..... /forums/images/graemlins/tongue.gif /forums/images/graemlins/crazy.gif

The "other offer" is family of the agent listing the place. /forums/images/graemlins/shocked.gif That's going to be tough to overcome. /forums/images/graemlins/mad.gif

OUR agent works for another real estate company. He's conveyed our final offer to the listing agency. I offered $7500 MORE THAN asking price. I figure that's ALL the place is worth. I WANT the place bad, but I'm a businessman....There is a limit. /forums/images/graemlins/smirk.gif No sense in paying way more than the property is worth. /forums/images/graemlins/tongue.gif

We WILL be notifying the state reality board IF our offer isn't taken, and the place sells for LESS than our final offer. /forums/images/graemlins/mad.gif

Somehow, the lustre has worn off in 24 hours. I still LOVE the place, but I'm not getting into a legal battle in order to pay out a relatively large sum of money.....Just doesn't make much sense. /forums/images/graemlins/grin.gif /forums/images/graemlins/shocked.gif

Stay tuned..... /forums/images/graemlins/grin.gif )</font>

It isn't always the butler now is it /forums/images/graemlins/blush.gif. This could be a tricky situation with the other parties being related.
My best advice to you is to just follow your gut feeling, but you seem to already know that. Good luck. Gerard

 

[jfdlaw]

Indy, I'm a Real Estate Attorney here in NY (Yes we use attorneys to do what most of the country does with title insurance companies). Here the Realtor is under an obligation to present all offers (at least until the seller has accepted an offer and is locked into a binding contract). I can't imagine it is different anywhere else in our country.

Ask your Realtor if your offer has been presented to the seller. If it hasn't, the time to make the complaint, or better yet a call to the listing Realtor's managing Broker threatening the complaint, is NOW.

Waiting until the house is sold to file a complaint won't get you anything. It probably won't even get the listing Realtor punished since his obligation is to the seller, and if the seller is happy, there is little chance anyone will do anything to the Realtor.

Good luck. Don't let the fervor of the situation drive you to pay to much for the property. The auction atmosphere and the drive to win at all costs often causes people to spend too much, . . . and later regret it.

John

 

[Indydirtfarmer]

I decided after reading your post, to "make the call". I called the realtor that is/was listing the property. I got a bunch of excuses, several vieled threats, and a straight up lie. /forums/images/graemlins/shocked.gif

I'm calling a "friend" in the Kentucky Governors office.... /forums/images/graemlins/smirk.gif

I was told that the place is sold. Supposedly, it was "closed on" several days ago. (When I talked with the agent listing the property on Sunday, no mention was made of even so much as a pending sale) I was told that MY agent didn't contact their office at all. (I was standing next to him while they talked on the phone yesterday) And the final excuse is they're saying I didn't sound serious....(I offered to write them a check on Sunday....How much more serious can one get?) /forums/images/graemlins/mad.gif /forums/images/graemlins/crazy.gif

I was told that should I "make waves", I'll not be able to find an agent with-in 100 miles that'll work with me. /forums/images/graemlins/shocked.gif /forums/images/graemlins/mad.gif

And the final injustice???? I was told that the "buyer" isn't at all related to the agent....
/forums/images/graemlins/confused.gif
IT'S HIS OWN SON.............................. /forums/images/graemlins/shocked.gif /forums/images/graemlins/mad.gif /forums/images/graemlins/crazy.gif

Looks like the sale is off from my standpoint. But the WAR is just beginning. /forums/images/graemlins/mad.gif

 

[Varmintmist]

Hmmmm, are not all realtor upstanding citizens that give candy to babes after buying it with their last dime, going hungry themselves??????? /forums/images/graemlins/shocked.gif /forums/images/graemlins/shocked.gif /forums/images/graemlins/shocked.gif

I just cant believe that a realtor would hose someone /forums/images/graemlins/shocked.gif /forums/images/graemlins/shocked.gif /forums/images/graemlins/shocked.gif

With tounge planted firmly in cheek, go get em indy /forums/images/graemlins/grin.gif /forums/images/graemlins/grin.gif

 

[shoppintractors]

If the 'Seller' excluded his 'Son' from the listing agreement the Realtor could come up empty handed also.....

jfdlaw, Thanks for contributing from your 'field' of expertise! /forums/images/graemlins/wink.gif

Don

 

[Henro]

Don,

I think Indy meant it was the real estate agent's son...that is in line to buy the property...

That is the impression I got anyway. /forums/images/graemlins/crazy.gif

 

[Indydirtfarmer]

Henro gets 10 bonus points! /forums/images/graemlins/grin.gif

 

[riptides]

Man,

</font><font color="blue" class="small">( I called the realtor that is/was listing the property. I got a bunch of excuses, )</font>

I'd walk away from this....

</font><font color="blue" class="small">(
several vieled threats,)</font>

I'd still walk away from this........

</font><font color="blue" class="small">(
and a straight up lie. )</font>

Nope, I walked about as far as I could go, that LIE along with the rest of the BS lobbed at you, would force me. IMHO to go get some legal advise and examine their business practices.


Good luck.

-Mike Z. /forums/images/graemlins/grin.gif

 

[getut]

Indy... I really feel for you. Of the many unlikeable sub-species that I have Realtors are another. My wife and I deal with them on a daily basis with our (my wifes) side business. We do real estate guides and more than once we have toyed with the idea of expanding into FSBO (For Sale By Owner, pronounced in the industry as fizz-bo).

We have been told in no uncertain terms that all advertising y realtors would cease if we or any other place did that. That is the epitome of "dirty:. I know there are some of you out there that may look at that and say.. well, their protecting their income source. It doesn't matter... the tactic is hard to prove in court, but it is ILLEGAL and just down right dirty. It is a monopolistic practice and is illegal in every state though it can hardly ever be proven.

The moral state of people this day and time is reprehensible. I know I'm painting with a large brush, but there ARE entire professions that seem to elicit or encourage very bad morals.... Real estate is one of them. Ones morals are not meant to be compromised under ANY circumstances. They should NOT be negotiable.
Yours is another of those circumstances where I would go VERY FAR out of my way, even at personal expense, to expose their little ruse and bring a stop to it.

 

[Henro]

<font color="blue"> Of the many unlikeable sub-species that I have Realtors are another. </font>

I suggest we beat this dog another time and another place... /forums/images/graemlins/frown.gif

Personally, I think it would be better to focus on what might help Indy in this situation.

Let's keep it on the positive side (except maybe with respect to that ONE realtor in question).

Otherwise, we all know what will happen when this thread starts downhill...POOF...WHAT THREAD????...been there...don't like that... /forums/images/graemlins/tongue.gif