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Updated over 3 years ago on . Most recent reply

User Stats

46
Posts
35
Votes
Andy Bailey
  • Investor
  • Eugene, OR
35
Votes |
46
Posts

Had to fire an agent. Would you?

Andy Bailey
  • Investor
  • Eugene, OR
Posted

Hi all, I have a question. 

TLDR: Agent had only two showings in 6 weeks, was too drunk (puking) and listed our property 4 days late, my business partner and I had to constantly follow up with agent, constantly told us we were priced correctly so we rejected a lower than asking offer, now saying we should have taken that offer. We fired this person after 6 weeks and went with a different agent. 

To start it off, I've known this agent since High School (Mistake on my part, I know). I've done 5 transactions with them totaling $1.7 Mil and have not had any issues before this. The agent introduced us to a couple of contractors that I've used. One bad contractor, one medium and one great. 

We completed an extensive remodel on two houses and got it listed with this person.

The property was supposed to be listed on a Monday, unknown to us the agent went out to state to party with some friends and was too drunk to list it until Thursday or Friday. (Was puking on the phone with my business partner). 

Only two showings in 6 weeks, Had one offer 55k below asking. Was advised we were priced right and after negotiations the offer fell through. 

Agent was not giving all the information upfront. On a prior sale, the buyers agent was shady AF and I was not told this until after the deal fell through, almost cost a friendship with my neighbor who was selling their house as well.  

Asked me and my business partner and I if we had any ideas as to get the current home sold. I thought I as paying the agent for their expertise to sell the home. 

Finally, does not take ownership for mistakes and blames others a lot. Also has a C'est la vie attitude when it comes to selling.  

My business partner and I had "The" difficult conversation with the agent yesterday and that was the only time we've seen "fire" from this person. We told the agent that this is not personal and was 100% a business decision. We also told the agent we would pay for any outlays that were incurred in listing the property. Photos etc. We also said we wanted to use them for future purchases. 

I guess my questions is where would you have severed contract?

Looking back, I think listing the property 4 days late, because they were too drunk should have been it. However, I wanted to give the benefit of the doubt because who does not go all out once in a while.  

I will take any constructive criticism but if you are rude or mean, don't bother. 

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