Contract signed early September set to close first of November. Buyers move belongings and furniture to property from sept to November. Title work is finished 1 week after original closing date title issues come up. Realtor NEVER sends buyer contract extension even though buyers ask multiple times only to be told not to worry about it. Buyers ask realtor for price reduction and sellers decide they no longer want to sell to buyers. Agent and sellers avoid all phone calls and tell buyers to remove all belongings from the property. Agent starts marketing the property using buyers survey and inspection report. Agents tells buyer tough sh*t he is hunting all weekend and it’s over nothing he can do. Buyers agree to buy property at original amount even with old oil lease issues. Sellers tell agent to tell buyers they won’t ever sell to them at any price. Buyers have over $10K in due diligence plus moving costs. Buyers haven’t moved anything yet.
There were MANY other mistakes made by the shady realtor. Advised buyers against getting a survey of the property, home inspection and hiring private attorney to look over the old oil lease agreement. I’m leaving all the agent shadiness out due to the length of this post.
Agent was acting as agent for buyer and seller and is real estate broker as well.
What do we do?
What options do we have?
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source https://www.reddit.com/r/RealEstate/comments/k3nq8w/sellers_and_realtor_scam_buyers/
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