Skip to main content

Real estate agent is trying to steal my house

As the title describes, I got a real estate agent and signed a 6 month contract to sell my house. My house sits on an acre in San Diego, California, it has 5 bedrooms and panoramic views through out the house. The house is valued at 650k, this real estate agent who I signed with 4 months ago to sell my house was telling me that there was multiple people who were interested in purchasing my home, he began to tell me that because my home is in bad condition because of landscaping and a few other minor things he said he can sell my house for 450k to an investor that HE knew and that he also had a friend who could also offer me 450k as well. I come to find out that this real estate agent has never even listed my house on MLS, Redfin, Zillow, realtor, or any websites saying that it was for sale. My house was not even listed on his real estate companies website that he works for. This real estate agent knows I have fallen on hard times and that my house is up for foreclosure very soon. He took advantage of my situation and pretty much hung me out to dry for 4 months. I confronted him about my house not being listed online for sale or not even having a sign outside my house and he never texted me back. I waited 30 mins and look up my house and see that he just posted my house for sale 30 mins ago on all the websites. He couldn’t have done this 4 months ago! he was trying to steal my house and make money off of my situation. Is there any legal action I can take against him? Should I call his company? It is a very reputable company. Is this legal for him to do something like this to me?

submitted by /u/Sd181518
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/c7np1y/real_estate_agent_is_trying_to_steal_my_house/
Labels:

Comments

Post a Comment

Popular posts from this blog

Aren't comps/CMAs useless with buyer credits at close happening now?

I'm looking into buying a new construction townhouse in my HCOL US city. I'm seeing builders offering interest rate buydowns worth $20k-$60k on $800k homes (rather than just lowering prices) in order to keep their comps high for their other units, now that buyer demand has been declining. I asked my agent about these, and he said these buydowns aren't even the full story: buyers can write all kinds of other credits into an offer, like their closing costs, prepaid sewer fees, etc. Apparently cash buyers can just write in a "buyer credit at close" for any amount in their offer. So a new townhouse that appeared to sell for $800k in the MLS might have actually been a cash offer with a $100k+ buyer credit at close, meaning the buyer only spent $700k or less in total, but to the rest of the world they can only see the $800k! So that made me realize I can't trust comps/CMAs for other new construction townhouses. The sales prices could be way lower than they appear...
1 comment
Read more

Obtaining a real estate license as a hobby?

Hello, I am 24 years old - 2 years out of college and I have my main job. I was looking to get a real estate license (in California if location matters) as a hobby/for fun since I like real estate ever since I was in high school. In the past 2 years, I would go to open house in the weekends to look at homes for fun. I don’t plan to practice real estate full time as I have my main job but I am curious are there any benefits to this? In the future, I plan to own multiple properties and have rentals, so I was wondering if getting a real estate license can help me with it? Thanks submitted by /u/AlohVera [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1f0qx9i/obtaining_a_real_estate_license_as_a_hobby/
Post a Comment
Read more

Advice? Moved out of my primary residence and now renting

I moved out of the house I own in August 2021, I lived there for 8 years, I have been renting an apartment the past 3 years and renting out my house. My current tenant is moving out in September. I seem to have just missed the living 2 years out of 5 years rule for being exempt from capital gains tax and my house being a primary home. Any advice on what the best thing to do would be moving forward? Continue to rent out my house? I'm happy with my rental, but wouldn't mind buying another property down the road. I could sell my house down the road and try to do a 1031 exchange? Moving back in my house isn't ideal because it's an hour away from where I currently live. I could take a HELOC perhaps and try to buy another property and continue renting for the long term? I do have a 2.4% mortgage rate on the house so I don't mind keeping it for a while. Thanks for everyone's advice. submitted by /u/Ok-Top-7859 [link] [comments] source https://www.reddit.co...
Post a Comment
Read more