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Updated almost 13 years ago on . Most recent reply

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234
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53
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Kel S
  • Real Estate Investor
  • Toledo, OH
53
Votes |
234
Posts

Dishonest RE Agents? How common is it?

Kel S
  • Real Estate Investor
  • Toledo, OH
Posted

We put in an offer on a house this morning. The house had little activity on the RE sign in sheet on the counter and no offers as of this morning and has been on the market 11 days (not long, I know). But I find it ironic that we put in our offer this morning and the listing agent contacts our agent saying that at 4pm they received another offer so he's sending over a multiple offer sheet to sign.

This has happened to us a number of times and there is a part of me that wonders if RE agents do this to try and get a higher price? Now, I'm not trying to offend any RE agents on this board so please don't take it that way but in the world in general there are dishonest people and I'm sure that includes people in various professions, including RE.

Has anyone else suspected that an agent might be trying to up the offer by doing this kind of thing?

By the way, we aren't budging on our offer, that is our final and best offer as it's just not worth more than that. If there is a real, viable offer from someone else and they are an investor since the bank requires cash only, they might have an advantage over us of either a higher price and/or not asking for an inspection. I guess we'll see what happens...

Most Popular Reply

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15,174
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11,257
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Joel Owens
  • Real Estate Broker
  • Canton, GA
11,257
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15,174
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Joel Owens
  • Real Estate Broker
  • Canton, GA
ModeratorReplied

I think some people just struggle with the reality of the way the world is today and have a hard time accepting it.

Me I am a realist and accept it and hope it will get better but do not count on it or only do business if the world is perfect.

I have ran into some people on deals that I never want to see again.Some were racist,some were full of hatred,etc.,etc. For the point of the job as a professional I closed it and moved on.

My dad who passed away many years ago was very conservative.He held onto these strict ideals of the way things should be and when people were different struggled to wrap his mind around how others see things.

After having a bunch of tenants you can see how vast and crazy people are.When you experience this the other things mentioned here that happen on deals will seem like nothing to you.

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