All Forum Posts by: Matthew G.

I talked to my listing agent's managing broker.  He looked at our agreement in writing.  It's so obvious I'm right.  The managing broker called Tony and had a chat, then told me that I get the 4.5% if this deal closes.  Sorry it came to this.  I think Tony showed his true colors.  Now I have to keep dealing with him.  

This property is over $1M.

Prior to signing contract with listing agent "Tony" he says commission rate is 3% for buyer, 3% for seller (6% total). Pretty standard. Tony says if he sells it too, he will reduce the total to 4.5%.

Agreement is signed with a handwritten note added, in the commission clause, regarding this 4.5% scenario.

Tony says this is going to get the red carpet treatment here I am bringing in a second listing agent to give it loads of support. Enter "William" now he's also a listing agent for the property. Two listing agents.

Tony puts up a House For Sale sign and on the first day a neighbor calls the phone number on the sign. Neighbor has no buyer agent. William gets taken off as a listing agent and he becomes buyer agent.

Deal is getting close to mutual acceptance.

Seller thinks this meets the criteria of getting 4.5% and mentions that to Tony who says no way.

Seller talks to a friend with years of experience as an agent, who agrees, and suggests that Seller reach out to Tony's managing broker.

Thank you for any feedback.