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.
Denver Real Estate Forum
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 almost 7 years ago on . Most recent reply

User Stats

276
Posts
1,190
Votes
Grant Shipman
#1 Real Estate News & Current Events Contributor
  • Rental Property Investor
  • Estes Park, CO
1,190
Votes |
276
Posts

Listing Agent Unethical Behavior Towards Older Vulnerable Seller

Grant Shipman
#1 Real Estate News & Current Events Contributor
  • Rental Property Investor
  • Estes Park, CO
Posted

Can I, and how can I, help protect a seller I was working with from being taken advantage of by her Listing Agent? 

Through trying to purchase a house in Longmont, I have come upon a Listing Agent abusing the powers of his license. The seller is an older Indonesian women and the LA is her pastor. He is not physically or verbally abusing her. She lost trust in him, so she asked me to ask her LA to release her as a client to an attorney to oversee the transaction, since the LA was doing the services for free. The LA refused. LA told the seller and myself he was not taking a commission, but the offer the LA wrote states the LA is taking a commission. The LA also told the seller he had listed the house on the MLS over 1.5 months ago, but the LA just listed it yesterday.

It seems the Realtor Associations don't have much power beyond a few hundred dollar fine and required classes.  I'm speaking with them currently, but I'd like to help this seller out NOW if possible. Is there anything I can do, or should I just let it go?

  • Grant Shipman
  • Most Popular Reply

    User Stats

    13,926
    Posts
    12,725
    Votes
    Replied

    Tell her to go see a lawyer and if she refuses let it go. If people are not willing to help themselves, when advised by someone they trust like yourself, then there is nothing you can do to help.

    On the other hand if taking a commission is the only problem simply make that clear to her and again walk away. Taking a commission is not the worst thing in the world.

    I can not for the life of me understand why people believe pastors are in some way special. They are not and can not be trusted any more than anyone else. I know first hand.

    Loading replies...