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Updated over 15 years ago on . Most recent reply

User Stats

858
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305
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Maryann L.
  • Specialist
  • Massachusetts
305
Votes |
858
Posts

Listing agreements

Maryann L.
  • Specialist
  • Massachusetts
Posted

When I find a homeowner that is on board, we put our package together and get a listing agreement via a Realtor we bring in. The listing agreement A-B is between the Realtor and homeowner, because at the point we submit the package to the lender the house has to be listed. When we feel the package is close to getting accepted we then sign a listing agreement between us and the Realtor (2nd agreement) to relist the property as we have vested interest at this point.

So far this has worked well. How are others doing this?

I've run into problems when a Realtor has a listing and we come in as the buyer. Today the Realtor touted, "I work for the best interest of the homeowner and you don't" - I'm really ready to throw in the towell on this one. As if the Realtor isn't making money... sigh

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