Skip to content
×
Pro Members Get Full Access
Succeed in real estate investing with proven toolkits that have helped thousands of aspiring and existing investors achieve financial freedom.
$0 TODAY
$32.50/month, billed annually after your 7-day trial.
Cancel anytime
Find the right properties and ace your analysis
Market Finder with key investor metrics for all US markets, plus a list of recommended markets.
Deal Finder with investor-focused filters and notifications for new properties
Unlimited access to 9+ rental analysis calculators and rent estimator tools
Off-market deal finding software from Invelo ($638 value)
Supercharge your network
Pro profile badge
Pro exclusive community forums and threads
Build your landlord command center
All-in-one property management software from RentRedi ($240 value)
Portfolio monitoring and accounting from Stessa
Lawyer-approved lease agreement packages for all 50-states ($4,950 value) *annual subscribers only
Shortcut the learning curve
Live Q&A sessions with experts
Webinar replay archive
50% off investing courses ($290 value)
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

114
Posts
41
Votes
Tara Piantanida-Kelly
  • Investor
  • Caledonia, NY
41
Votes |
114
Posts

FSBO Buyer's Agent Ethics Violation?

Tara Piantanida-Kelly
  • Investor
  • Caledonia, NY
Posted Aug 3 2020, 06:17

I'd love your thoughts and feedback on this:

Buyer's Realtor: "I have clients interested in seeing your house. Are you cooperating with Buyer's Realtors by paying a commission?"

Me: "Yes."

Buyer's Realtor: (Shows house to clients. They love it.  The next day...) "My clients want to make an offer on your house. Before I submit the offer, I want you to sign a commission agreement for 3%"

Me: "We'll split a 3% commission 50/50 with your client, or we'll pay 100% of a 2% commission."

Buyer's Realtor: (no response)

Me: (2 days later) "Hi Buyer's Realtor. Are your clients moving forward with the offer?"

Buyer's Realtor: "No. They decided against it."

Me: "Was it related to your commission, or was it something else?"

Buyer's Realtor: There were no comparable properties to support the price you were asking."

Me: "They changed their minds after wanting to submit an offer? Did you tell them that we would only offer a 2% commission?"

Buyer's Realtor: "They changed their minds after I ran the comps for them."  

Me: (Riiiiiight.....  I ran the comps too and posted them to our house's website.)

Loading replies...