Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
John Smith
0
Votes |
4
Posts

Real Estate Agent Neglected Duty

John Smith
Posted

I had a property under contract as the buyer and fulfilled all my duties. The seller backs out and claims they didn't receive receipt of earnest money bc my agent didn't send it in the time specified under contract. I already spent money on the appraisal and inspection. 

The property was in an excellent location and by getting rents up to market average rents, would have added 150k in value to the property. 

Can I sue my realtor for those damages?

Most Popular Reply

User Stats

118
Posts
117
Votes
Sabrina Sanchez
  • Real Estate Agent
  • Lowell, Ma
117
Votes |
118
Posts
Sabrina Sanchez
  • Real Estate Agent
  • Lowell, Ma
Replied

Hi John,

I'm sorry that happened to you and it's really unfortunate. Were you working with an attorney? I think it's probably best to ask the or an attorney and tell them all the details of what happened. Show him/her the contract and have them explain what you can or cannot do from a legal perspective. In either case best of luck!

Loading replies...