Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 10 years ago, 01/13/2015

User Stats

967
Posts
383
Votes
Kirk R.
  • Peoria, IL
383
Votes |
967
Posts

MY Realtor has started Working for THEIR side.

Kirk R.
  • Peoria, IL
Posted

I have been working toward a buying a house using a Realtor as my Buying Agent.  Deal is supposed to close the end of this month January.

Summarizing, I made it clear to MY $#@!ing Realtor that I did NOT want my deal to proceed.

So far my Realtor has blamed me for missing a termite appointment - not my fault.  & accused me of Renegotiating and being unethical (not true IMO - using inspections).  Then without talking to me he went out and got quotes for paint.  I need the paint to be done or else I can EASILY get out through the financing.  Then he negotiated with selling Realtors - the sellers had already said NO to paint -  to split the paint costs.

Just a few examples.  He is currently communicating directly with my banker and bad mouthing me and trying to FORCE the deal through.  Hmmm think he wants his commission.

& he is ignorant about the contract.  He should have put in a repair amendment when some inspections were done.  He is now confused when the final contract went through.  An amendment was done now becoming the point that I had 14 days to conduct the inspection.  I had the inspection done in this 14 day window.  Ironically it was his inspector. I could have been more assertive here also.  Inspection was done on the 19th and spending time with my family.....

Main issue with this deal is I did a ton of due diligence and after all the due diligence the numbers are BAD.

I know - don't work with another bad Realtor.  & pick a good Lawyer?  I am currently treating him like he is working for the Selling side - which is the way it used to be way back when.  It was clear BOTH Realtors worked for the seller.

He is being a insert explicative here. He is telling me I won't get my earnest money back. & I paid for a VA appraisal/inspection already. Possible to get this money back? I still would like to shop for a deal using my VA loan.

Any way to get more money out of this deal?  Lawyer on contingency.  Leave it alone and write it off?

I am thinking my next step will be FORCE him to submit a repair amendment for everything I feel needs done.  IMO clear in REALTOR provided contract - that heating/cooling structural electricity are included as inspection items.  I could not see these issues til the inspector pointed them out.  Hence he is saying I Reneged unethical etc.  Listing did say "AS IS" my opinion listing can say whatever.

Without the seller negotiating this is a NO deal.  I would be good with them putting it back on the market and if no one buys it - I am still interested in the deal.  I think they probably can get it sold at the price point we are at.

Appreciate any suggestions.  I will NEVER being working with buyer's agent again - probably;)

apologies for post length.

Loading replies...