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Updated over 1 year ago on . Most recent reply

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Peter Vekselman
  • Real Estate Professional
  • Atlanta GA
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615
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When Your Offer Is Not Even Presented

Peter Vekselman
  • Real Estate Professional
  • Atlanta GA
Posted

Interesting situation we are in the middle of.

We are working directly with the owner on a potential deal.  The numbers make sense.  500k to buy, 60k to fix, low 700k to sell.

In the middle of us getting the deal under contract, the owner runs across a realtor that convinces her she should use him to represent her.  No issues with that from my side.

When the realtor contacts us he then precedes to tell us what the offer needs to be and the terms.  No issue with that either.

But, when we refuse his terms and make the offer with our terms the realtor lets us know that is unacceptable and he will not be presenting the offer to the seller.  With that I have a big issue.

The terms he wants inserted into our offer is almost 30k non refundable earnest money.

Anyone else have an issue with that? 

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Theresa Harris
#2 Starting Out Contributor
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Theresa Harris
#2 Starting Out Contributor
Replied

Tell the realtor he or she can present the offer as they are required to do and if they don't, then you will be reporting them.  All realtors have rules they have to follow and are accountable to their company and the realtor board.  Talk to their broker first and explain that you know the seller and were working with them before the agent showed up and the realtor is refusing to present the offer to the seller.  

  • Theresa Harris
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