Skip to main content

Agent couldn’t make a showing appt. So I (seller) ended up showing , and selling a property. What would u do?

Fairly large property and mid 7 figure deal, so a lot of commission is to be made here…for those that don’t wish to read all this, let me be clear that I do NOT believe I’m entitled to all or even the majority of the commission.

This is more of an ethical discussion for entertainment, not so much a legal / contractual one. Interested in both agent and owner perspectives here.

Evening prior to showing, my agent texts me that someone wants to view the property the next morning and that he has a prior showing scheduled already, but if I’m around and wanted to, he’ll let their agent know that I would..: (buyers agent found listing on MLS. The property is fairly large and complicated so I’ve been around for some of the previous showings, and in general I believe that I can typically sell my properties better than any agent, but I use agents anyway for the various other reasons and I’m not a “realtor hater type” The property has been on the market for a month or so and we’ve seen some action, but mostly lowball offers prior to that day.

Anyway, the tour took around an hour, and it wasn’t even until about 20 minutes in that they realized through small talk that I was the owner, not the agent. As they left I could see that the buyer was real and very interested, and I immediately text my agent jokingly but also srs, (I just sold them the home)

Turns out I was right. Now…I haven’t asked him, and he hasn’t mentioned anything, but as a businessman with years of various types of sales experience, if I was my agent, I’d probably cut me a piece of commission for the sale.. even if was just a few thousand dollars as a nice gesture. I don’t think he’s going to even mention anything, and for that reason more than anything, I’m beginning to feel that I should bring it up

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

source https://www.reddit.com/r/RealEstate/comments/1pv9q68/agent_couldnt_make_a_showing_appt_so_i_seller/
Labels:

Comments

Post a Comment

Popular posts from this blog

North Carolina – “One to Buy; Two to Sell”

I realize I will likely have to contact a real estate attorney but also hoping to hear insights and experiences from others! I have a house in NC that I bought by myself in 2009, and paid off, in full, in 2022. I got married in 2023. My spouse and I have not lived in the house as our "marital residence". We have maintained separate residences even after we got married. (That a separate topic!). I am now selling this house. Realtors have told us that my husband has to sign the deed at time of transfer but I am not convinced since the house has not been our marital residence. The realtors like to use the phrase "one to buy; two to sell", which seems like a broad-stroke statement which is not applicable under all circumstances. And of course, the realtors don’t realize the details of my specific circumstances: I purchased and paid for the house in full prior to marriage Only my name is on the deed And most importantly, we have never lived in the house as a marit...
Post a Comment
Read more

Question With Tricon "Pending ID".....

My wife and i, along with 2 other peopl applied to rent a house, and our application says "Approved, Pending ID". Anyone else know what that means? Do we pretty much have the place or are we missing something? submitted by /u/Itskrueger [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1orixqj/question_with_tricon_pending_id/
Post a Comment
Read more

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