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Updated about 15 years ago on . Most recent reply

User Stats

369
Posts
81
Votes
Ingrid Nagy
  • Property Manager
  • Passaic, NJ
81
Votes |
369
Posts

Some realtors are just plain crooked

Ingrid Nagy
  • Property Manager
  • Passaic, NJ
Posted

I put a full price offer in on a 5 acre parcel in Central Florida. This parcel was a fire job - 3000 SF brick home with 4 garages, inground pool, etc. The asking price was $44K cash. I had previously looked at this piece 2 yrs ago when they were asking over $200K. Research revealed that the prior owner had mortgaged the parcel for $540K. The next day I was told that a higher offer was received and I was thanked for my time.

Funny part was this happened to me 3 months ago with the same realtor. When the parcel finally closed the competing offer was $1,000 above mine.

It makes you wonder why they even bother to put them through MLS when they are going to control the destiny of "certain" REO's.

Most Popular Reply

User Stats

885
Posts
316
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Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
316
Votes |
885
Posts
Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
Replied

Now that you've added the clarification, I very much agree with you.

I get very disgusted when working with buyer's agents instead of going straight to the listing agent because of this exact scenario.

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