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Updated almost 7 years ago on . Most recent reply

User Stats

74
Posts
9
Votes
Bharath Raj
  • Investor
  • Houston, TX
9
Votes |
74
Posts

Getting rid of a listing agent

Bharath Raj
  • Investor
  • Houston, TX
Posted

I am having trouble with the listing agent of my commercial office building. He represents a small brokerage firm, and is one of 2 agents in it. Though he claims that there have been showings, he cannot provide me any specifics. He doesn't update me once every 2 to 4 weeks, and getting him to respond is difficult. Since the listing has not been leased after 6 months with him, I asked him what else he intends to do to drive more traffic. He said that it' just difficult, and we have to wait. The only potential tenant he brought to me had a eviction on file, poor credit score (500) & had 6 collections. He was then upset that I rejected this tenant. Meanwhile he was pressing for me to provide TI, rent concessions, etc. His contract doesn't expire until 11/2018. I have no faith in him. I have asked if if he would want to withdraw from the assignment, since it' not working out, but he didn't respond. Any suggestions?

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