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Updated almost 9 years ago on . Most recent reply

Realtor obligations
What are the ethical requirements for a realtor who has two or more clients who are interested in the same property. I work with a guy who represents investors almost exclusively, so every time I see a good property on the MLS, several of his other clients like it as well. Yet I am relatively new at this, and I get the impression that he strings me along. For example last summer, a great deal listed over Memorial day weekend. he told me they would not return his calls, so we could not get in to see it.
However on Tuesday morning the house had four offers, so obviously somebody was able to get in. Another house I was interested in but he told me it had six or seven offers, and it was not worth pursuing. It turns out the house sold for asking price, while I was willing to pay over. He later let it slip, because he forgot I was also interested in that house, that he sold it to one of his investors. Right now I am interested in a property, yet he told me they are having trouble getting the keys to get in. He is a investor friendly realtor, and I have used him on a number of transactions so I feel like we should have some relationship developed. Yet something in the back of my mind tells me that he is stringing me along to see whether or not other offers of his get accepted.
Just a month ago I asked to see a HUD home, and he told me he would have to wait until the following day to show it, although it's about five minutes from where he was. Numbers of other people were looking at it that night, and I think he wanted to see if one of his investor offers would get accepted that following morning before showing it to me. What are realtor supposed to do in this situation
Most Popular Reply

I agree. A great agent/client relationship is based on trust. One time is one thing, but if you have felt shrugged off repeatedly, you need to do what is best for you. I would communicate with him openly before moving on though.