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Answers (12)
- Peter Dolci Jr, "pete dolci"
- Contributions:3
Your Broker -Buyer contract should by law have a clause in it that will allow you to break it with a simple letter and explanation.This has to be written
directly to the broker not the agent.
You have the right to proper representation and if the agent wants to get paid, they need to be doing the work you are. But make sure you do not change the criteria over and over of what you are looking for and the price. Make sure you are not at fault by keeping your agent informed, If you have then I would speak to the broker and ask for another agent in ther office.
directly to the broker not the agent.
You have the right to proper representation and if the agent wants to get paid, they need to be doing the work you are. But make sure you do not change the criteria over and over of what you are looking for and the price. Make sure you are not at fault by keeping your agent informed, If you have then I would speak to the broker and ask for another agent in ther office.
- Karrina Taylor Brown, "Karrina Taylor Brown"
- Contributions:22
You may be under contract with the seller on the short sale contract if the contract was ratified from the seller.
You should have confidence that your buyer-agent is working for you. Move along to someone who can tell you at least a little about the properties you are interested in before taking the time to go to see them.
Your agent should also be able to recommend good financing alternatives, contractors etc for your purchase.
You should have confidence that your buyer-agent is working for you. Move along to someone who can tell you at least a little about the properties you are interested in before taking the time to go to see them.
Your agent should also be able to recommend good financing alternatives, contractors etc for your purchase.
- Call The Sisters, "Call The Sisters"
- Contributions:373
A buyers agency agreement assures the agent she will get paid for the work she has done. When one does not exist, most agents will stop working after a period of time. It appears this non-binding relationship has gone on for a year. That's a long time to work with a buyer without an expectation of getting paid..
As far as giving her a check - you gave a check as a good faith deposit on an offer. Banks do not respond in a timely fashion on either a short sale or foreclosure. It can take weeks before they respond. Your check will only be cashed when there is a fully executed contract.
As far as giving her a check - you gave a check as a good faith deposit on an offer. Banks do not respond in a timely fashion on either a short sale or foreclosure. It can take weeks before they respond. Your check will only be cashed when there is a fully executed contract.
- Phyllis Watson, "PhyllisW"
- Contributions:122
I would recommend talking with the agent. She may assume that you prefer "driving the process". If you talk with her and are still not satisfied, you are free to end your relationship, unless the short sale offer is accepted and then you do have a binding relationship with the agent.
- Laura Coffey, "SCV ReMax Realtor"
- Contributions:278
First I would give her a chance. Tell her your feelings so she has a right to correct them. If she is holding a check does that mean you have an offer in on something? If so,she may not be taking you out because you are in contract with a seller. Communication is best.
If she doesn't meet your needs after communication them then I would search for a new Realtor. It that happens, look for the ABR designation.
- Jeff Brang, "The Brang Team"
- Contributions:25
It sounds as if you need to have a meeting with her and go over the expectations. Communication on how your going to get the properties is easily lost with the changes to a real estate agents job within the last 5 years or so, especially with so much information being found online these days. Its been studied that most buyers now wait to hire an agent until after they have already found the home of their choice online. Realistically, even if your agent sent you new properties to look at on a daily basis, I assume as the buyer you are looking on line anyways and would probably respond with an; I have already seen this one or that one. I can understand your frustration, working with 1 agent for a year is a bit long, but remember that a buyers agents' duties of sending you properties to look at is just the tip of the iceberg. A listing agency relationship in all cases owes its fiduciary responsibility to the sellers. Its very important to have representation on your side as the buyer. In a lot of states, buyers and sellers involve real estate attorneys to review the legality of the contractual agreements. If you where to hire a legal representation it would cost you a whole lot out of your pocket. A buyers agency is very important for the reasons of negotiating not only the cost of the home, by including written justification of your purchase offer price to not only the sellers but the also the appraiser, Also the cost of the home warranty, home inspection, the escrow fees your to pay, the loan fees, etc. Also to be sure that the disclosures are properly explained to you and that everything you sign you understand. I have seen so many transactions end up with numerous issues that weren't ironed out during the escrow period and that only means future legal fees down the road. You get all this at no cost to you as the buyer. As far as your check goes you can terminate any offers that you have outstanding and terminate your relationship with her if you feel that she just isn't working for you, you really don't need a reason as she is employed by you to help you get a home. I hope this helps!
- David VanderWoude, "dlwoude"
- Contributions:7
Always start by talking to your agent. Communication is always the best option. Set your expectations and make it clear that you will be going somewhere else if they are not met.
- kristisar
- Contributions:110
A buyer may withdraw an offer at any time before acceptance. Simply call her and say I would like to cancel the offer. Your check won't even have been deposited. She's probably going to ask why, at which point I suggest you do exactly what the others have said- talk to her. If she still doesn't do the work you expect, find someone who does. They are esentially you're employee, and just like any employer/employee relationship, you have the right to terminate at which point she will give you the check back. As long as you do stay with her, I can understand why she would hold onto it
- buyingsoon4
- Contributions:3
Thank you to all for your imput; another question is how do I ask her for my earnest money if the offer does not get accepted? this would be my third offer with different properties and when the others have fallen out she does not give me my check she says that she will hold it for next offer that she writes.
- Noelle Claassen, "nclaassen"
- Contributions:4
If you have decided to withdraw the offer you should be under no obligation to the agent. I would simply explain to her how you feel and end the relationship if you feel it is in your best interest.
A Realtor is a service provider and like any other can be fired.
Buying a home is stressful but it can be fun and exciting.
- Marcin Talaga, "Wadowice"
- Contributions:46
If you no longer want to proceed with the offer you put in, tell her you changed your mind, you want to withdraw the offer and keep looking. Then when you've gotten your earnest money back, sit down with her and tell her you are not happy with the job she's been doing. Tell her that she should be finding you homes that fit your criteria, and if she doesn't want to do that, then you're going to find another agent to work with. Buying a home is supposed to be a fun and positive experience, and the agent is supposed to help make that happen. If it feels like a chore to you, find another agent.
Marcin Talaga
- wetdawgs
- Contributions:26945
What to do? Have you sat down and discussed with her your expectations and needs? At this point, if she was involved in writing up a purchase offer for a short sale, you may discover that you can't just dump her without financial implications. Discuss expectations, ask her for timelines, ask her for how she plans on keeping you in the loop on what is happening and when will you be hearing if she's hearing nothing.
what should I do?
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