My real estate agent gambles pool money

My real estate agent gambles pool money

Lender · Charlotte, NC · Member since 2015 · 124 posts · 22 votes
I got into a fantasy football pool with my real estate agent and he self appointed himself as the treasurer and held $480 to pay out the winner. I won the championship and he now owes me $280 and has not paid me in two weeks and continues to push back. The crazy thing about this is that he is representing me on a deal right now that we are closing in the next two weeks. There obviously a huge trust issue with this guy and i don't understand how a professional can do something like this. How should i handle this situation? How would you handle this situation?
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Investor · Tampa, FL · Member since 2011 · 2k+ posts · 3k+ votes
9y

Let the $280 go for now and do whatever it takes to get the deal closed. Come back for the $280 later and don't use him as your agent again.

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  • Investor · Tampa, FL · Member since 2011 · 2k+ posts · 3k+ votes
    9y

    Let the $280 go for now and do whatever it takes to get the deal closed. Come back for the $280 later and don't use him as your agent again.

  • Investor · Cleveland, OH · Member since 2015 · 6k+ posts · 2k+ votes
    9y

    Don't sweat the $280, until after closing the deal. Meantime, NO extra of your dollars go to him directly (or, ever again)! I know the type. They are USUALLY professional in every other regard except - can't be trusted with other people's money being given directly to them. All the best...

  • Builder, House Flipper · OKC, OK · Member since 2012 · 42 posts · 15 votes
    9y

    I think I would find a new fantasy football league without him in it. If he's finding you good deals though I wouldn't burn that bridge just keep him at arms length for the deals.

  • Lender · Charlotte, NC · Member since 2015 · 124 posts · 22 votes
    9y
    Thanks for all the feed back guys! Ill get this deal done and see thats next.
  • Investor · Princeton, TX · Member since 2014 · 1k+ posts · 1k+ votes
    9y

    @Walter Correia   Does he bring a lot to the table as an agent?  If he is making you money then he might be worth waiting for the money until after the closing.

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