All Forum Posts by: Simon Obas
Simon Obas has started 101 posts and replied 196 times.
Post: Agent asking for 2.5%, is this legal?

- Rental Property Investor
- Posts 199
- Votes 42
Hello- I asked my current agent to terminate our listing agreement. The home has been on the market over 100 days and has not sold and I only received one offer (and the buyer rescinded it the next day). the agent is saying she’ll only agree to terminate it if I agree for her to earn 2.5% commission off the next agent who takes over. Is this legal? Have you ever heard of this? She is also the broker so it’s not like I can go to her manager. What should I do? I am also located in Connecticut.
Post: Is it time for a new agent?

- Rental Property Investor
- Posts 199
- Votes 42
@Tim G. Hi Tim. I have not hired an inspector, that’s a good idea. Yea the craftsmanship isn’t the best. It’s not horrible but it could be better and that’s what’s hurting me. Folks in this town are picky, and I would be to If I were paying $800k for a home.
Post: Is it time for a new agent?

- Rental Property Investor
- Posts 199
- Votes 42
@Hersh Shah hey thank you. What does chasing the market mean?
Post: Is it time for a new agent?

- Rental Property Investor
- Posts 199
- Votes 42
@Dave Skow very helpful thank you
Post: Is it time for a new agent?

- Rental Property Investor
- Posts 199
- Votes 42
@Martin M. Thanks for replying. What’s the thinking or deactivating and relisting in feb?
Post: Is it time for a new agent?

- Rental Property Investor
- Posts 199
- Votes 42
@Garrett Crosby thank you I appreciate this info
Post: Get a new agent or not?

- Rental Property Investor
- Posts 199
- Votes 42
@Dan White thank you, I think this is the direction that I have to go in.
Post: Get a new agent or not?

- Rental Property Investor
- Posts 199
- Votes 42
@Russell Brazil 69 sylvan rd Madison ct
Post: Get a new agent or not?

- Rental Property Investor
- Posts 199
- Votes 42
@Erik Estrada she happens to be my hard money lender.
Post: Get a new agent or not?

- Rental Property Investor
- Posts 199
- Votes 42
@Caleb Brown the agent happens to be hard money lender. She told me what to list the home at.