"mazda616" (mazda616)
02/11/2015 at 11:07 • Filed to: Houselopnik
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"mazda616" (mazda616)
02/11/2015 at 11:07 • Filed to: Houselopnik | 3
| 7 |
Remember that first house I posted that my wife and I fell in love with and tried to put an offer on?
Anyway, backstory: Our realtor contacted the listing agent and listing agent said house is sold and under contract. House was still listed as of yesterday, so my wife called the listing agent herself. Turns out, the house is still active on the market and doesn't even have any pending offers!
Basically, our realtor has been undercutting the competition by charging less commission and basically being honest. We have known him for quite a while. And now, all the other realtors and realty companies in town are ganging up on him, spreading rumors about him, and refusing to work with him. I had no idea we picked the most hated guy in town!
So, the listing agent lied to our realtor to avoid working with him and having to split a smaller commission (most agents charge 7-8%, our guy charges 4% for the exact same services). My wife and I, being the stubborn people we are, submitted an offer on the house last night and the homeowners have until 1:00 P.M. today to decide. And their realtor is required by law to show them the offer. So, we'll see. If we get the run around again, I'm going to the homeowners myself and I'm going to politely inform them that they could've had their house sold twice and their realtor keeps screwing them out of it.
Have a Yenko Nova, just because.
CB
> mazda616
02/11/2015 at 11:12 |
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Wow, that's bullshit, dude. Here's hoping for the best.
Nibbles
> mazda616
02/11/2015 at 11:13 |
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Jeezy Pete, that's less than what I paid for my house with less square footage, no garage and a shit neighborhood!
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mazda616
> Nibbles
02/11/2015 at 11:14 |
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Property values around here are awesome. Probably because the local economy and job market are anything but awesome.
MontegoMan562 is a Capri RS Owner
> mazda616
02/11/2015 at 11:23 |
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Those are some odd splits.
Just bought a house in August here in Michigan. We do 3 and 3% so 6 total, 3 to each.
Because our realtor was selling our house and buying the new one with use we got 2% for her on both transactions.
To help save the deal on the one we were buying her and the listing agent dropped to 1% (it was a hell of an ordeal to say the least)
She still drove off in that Taurus SHO though...I think she's doing alright.
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Sounds like the listing agent for the house you want is a dick. IF they do respond to your offer, make sure you and your realtor are really checking the fine print to make sure they didn't do something obnoxious.
BrianGriffin thinks “reliable” is just a state of mind
> mazda616
02/11/2015 at 11:23 |
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This is strange. Every property I've purchased, in various states, had the Realtors commission set in the seller contract. That is, the seller chooses to py their agent whatever% of the final sales price. What the buyer's agent's contract is should have no bearing on how much commission the sellers agent receives.
Realtor commission also has never shown up on a contract to buy, as that contract is between you and the property owner. Your state may be different, but again I just find this odd.
Cherry_man1
> mazda616
02/11/2015 at 12:08 |
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I hope people in our area like our guy cause we are also looking for a house still and what not.
Argentine jalop in Kosovo
> mazda616
02/13/2015 at 18:20 |
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Here, have a fake Yenko Nova, built on a Chevy Serie II, the Argentine iteration of said car. Also, good luck with your house!
(Sorry about the photo quality, my phone sucks)