All Forum Posts by: Rahul Bhatt

thats exactly my point I dont want to have bad relationship.  I tried my best to tell him why he is concerned about us buying . i am happy to share my financial and anything he needs. my lender tried to call him three times he dont pick up the phone. when I ask him about why previous buyer moved out he said it is not relevent to you if you want please cancel the contract you are to new to this . for god sake you are my agent as well and getting commision :) 

I am still trying to avoid the option of complaning but the reason I posted here is because I wanted to make sure that my expectation in not wrong. 

As I said I liked the property would like to buy it but it seems they have a different mind set.  

Originally posted by @Bryan Zuetel:

I'm a California real estate attorney and broker and deal with violations for my local association. Generally, an agent has two business days to modify the status of a property, in this case from active to contingent. This is basically a violation of MLS Rules and may be a violation of the Realtor Code of Ethics.

First, you need to find out what local association the broker/agent is a member of, if any.  I see that you're in Fremont.  If the property is in Fremont, the person might belong to the Bay East Association of Realtors.  If correct, you should contact that association and tell them that you want to submit a complaint regarding this person.

Second, you should also ask the local realtor association what the applicable MLS is. You can then call that MLS and ask to submit a complaint regarding this person as well.

Be aware that this may strain your relationship with the agent, such that the agent will probably not provide you good, if any, competent service and might try to sink the deal.  You say that you have a valid contract (the agent's actions might make you question your assertion).  But, you don't want to go through the headache of trying to enforce your contract, if you can help it.  There is nothing wrong with the agent holding other open houses or trying to obtain back-up buyers, particularly when you still have contingencies remaining on your purchase agreement.

Despite all of the above, you are still obligated to proceed with your due diligence, inspection, and evaluation of the property or to cancel your contract.

Originally posted by @Aaron K.:

I would ask the agent first to mark it as pending if they will not you should be able to complain to Calbre at which point the agent may face fines or suspension etc.

Originally posted by @Aaron K.:

It should be marked as having backup offers and not active, they are probably trying to find buyers that they can represent on other properties with the open house.  I believe they only have a certain amount of time to change the status when under contract.  They can be reported and face consequences/ fines for violations of the rules/ realtor code of ethics. 

http://portal.mlslistings.com/compliance/2011/09/2...

Originally posted by @Jon Holdman:

It shouldn't matter to you that the listing agent continues to market the property.  You have it under contract.  Any offers they get now will be backup offers that are only relevant if your deal falls through.

It does seem inconvenient to be trying to do an inspection the same time he's doing an open house.

Originally posted by @Andrew Babcock:
Curious what your value add plans are??