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Updated over 4 years ago on . Most recent reply presented by

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John Smith
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Real Estate Agent Neglected Duty

John Smith
Posted

I had a property under contract as the buyer and fulfilled all my duties. The seller backs out and claims they didn't receive receipt of earnest money bc my agent didn't send it in the time specified under contract. I already spent money on the appraisal and inspection. 

The property was in an excellent location and by getting rents up to market average rents, would have added 150k in value to the property. 

Can I sue my realtor for those damages?

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118
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117
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Sabrina Sanchez
  • Real Estate Agent
  • Lowell, Ma
117
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118
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Sabrina Sanchez
  • Real Estate Agent
  • Lowell, Ma
Replied

Hi John,

I'm sorry that happened to you and it's really unfortunate. Were you working with an attorney? I think it's probably best to ask the or an attorney and tell them all the details of what happened. Show him/her the contract and have them explain what you can or cannot do from a legal perspective. In either case best of luck!

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