Profile picture for will1023

can a estate broker sale a house to her daughter for a price that was offered before by somebody ?

  • January 13 2012 - US
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    0Yes

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Answers (8)

Profile picture for will1023
she was the listing agent for the house , me and my wife gave an offer for the house first , actually we gave exactly what they asked for the house.the listing agent says at first that she is friend to the owner and her MIGHT buy the house. but i believed our offer was the first , she also refused our broker to present our offer to the owner , stating that the owner don't want to deal anything . me and my wife felt that was unnfair .
  • January 14 2012
  • 0Yes

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In my epxerience yes however in Colorado there are disclsoures that must be signed so all parties acknowledge they have been informed....best of luck
  • January 13 2012
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If I understand the situation correctly, I would say "yes" as long as the relationship between broker and buyer is clearly disclosed, and everyone signs off on it. (Not attorney. Please seek competent legal advice if needed.)
  • January 13 2012
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The estate broker doesn't sell the house. The owner or their representative sells the house. The broker acts as the conduit for the transaction. The broker doesn't act arbitrarily and without the written consent / approval of the owner of their representative.
  • January 13 2012
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Profile picture for Ofe Polack
I am a bit confused to provide advice.  Who is the listing agent?  Whose daughter is it?  and who are you in relation to this transaction?  Was the earlier offere rejected or were there multiple offers at the same time.  Oftentimes, although offers may have the same price tag, the contingencies are different, making the offer different altogether.  We truly need more information.... 
  • January 13 2012
  • 0Yes

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Profile picture for Caveat Emptor
yes. they can.
  • January 13 2012
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Are you saying that you made an offer that was refused, and then the realtor's daughter made the same offer and it was accepted?

Also, was he/she selling the house for a client or did the realtor own it?

Just to clarify...
  • January 13 2012
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Profile picture for Sharon Lewis
If that real estate broker owns the house, he or she can sell it to anyone for whatever price they want even if someone else had offered verbally.She owns the home and it is hers to sell. However, if you had a contract, there would have to be a reason why that contract was nullified.Not knowing all the circumstances here I hope this helps. 
A real estate broker is held to a higher 'bar' than the lay person so the sale has to be 'clean'
  • January 13 2012
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