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Updated about 6 years ago on . Most recent reply

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222
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Neil G.
  • Investor
  • Socal
34
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222
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CA Seller Reveals is Licensed RE Agent as a 'Counteroffer'

Neil G.
  • Investor
  • Socal
Posted

Made an offer on a CA (Los Angeles County) commercial property and got verbal acceptance BUT the listing agent - who is also buyer's agent in this transaction, doublesiding it - is saying the Seller is now making a "Counteroffer" that Seller is a licensed real estate agent which must be signed. Not a disclosure, rider, etc apparently, but a 'Counteroffer' that seller is an agent.

Is this CalBRE-compliant? How so??

Just wondering why the listing didnt just state owner/seller is an agent from the get go, and moreso, just for future reference sake. 


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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,202
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

probably just missed putting it in the listing just realized it and is now cleaning it up.

I do this often when I hire brokers who forget to include that me the seller is licensed.. 

and i make them put it in a counter.. so we disclosure before we close.. not a major issue from my point of view just an oversight they are cleaning up in writing..

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JLH Capital Partners

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