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Updated about 8 years ago on . Most recent reply

User Stats

22
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1
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Matt Morgan
  • Lakewood, OH
1
Votes |
22
Posts

Friend was using Buyers Agent. Cut him out of picture. Is this no

Matt Morgan
  • Lakewood, OH
Posted

I referred my friend to my Realtor (A). My friend, John, and him looked at about 5 houses on 2 separate appointments. I know the Realtor (A) also did work looking for a home other than this. The market is very difficult to buy in. Homes constantly get multiple offers and rarely last a week on the market. My friend (John) is very picky and he has spent the last year or so looking at homes with a different Realtor before this new Realtor (A).

Recently I found out my friend worked with his neighbor (B) who didn't have their home listed on the market. They agreed upon a sale price. The neighbor (B) wanted to use their real estate agent neighbor (C) to close the deal. My friend (John) wanted to download a contract online. My friend (John) cut my Realtor (A) out of the transaction. My friend (John) said he had no choice but to use his neighbor's Realtor friend. They cut my friend (John) original Realtor (A) out of the picture. My friend (John) claimed he had been telling his neighbor (B) 2 years ago he was interested in buying the home.

Add in some other details.. I am good friends with Realtor (A) after he sold me my house. He's coming to my wife and I baby shower next weekend, and we hang out all the time. I am quite pissed off how my friend (John) handled the situation. Was he right to do this? Am I right to be mad? Not sure the ethics or legalities on this.

Thanks for taking the time to read this.

Most Popular Reply

User Stats

922
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638
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Justin Fox
  • Software Developer
  • Vidor, TX
638
Votes |
922
Posts
Justin Fox
  • Software Developer
  • Vidor, TX
Replied

I don't understand, why would John give away 3% of his money on a deal he negotiated independently?

If I had a realtor show me houses they listed on the MLS and I found an off market deal, I'm not going to invite them to the table for some money just because they're my friend's BFF.

That's not how business works.

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