My move and home-buying process is part of a corporate relocation as part of my new job. I must have a realtor that is “approved” in order for my employer to pay for my relocation benefits related to homebuying in the new city: 100% coverage for closing costs, inspection, and realtor commission fees.
The realtor/broker has a buyer-agency agreement with my employer for relocating employees. This agreement applies buyer-agency to the individual realtor OR the broker firm’s designee if for whatever reason the realtor becomes out of the office/unavailable in the home buying process for extended periods of time (vacation, illness, medical leave, etc)
This realtor seemed to only care about getting a commission quickly. Things I noticed:
• Immediately tried to steer me to new construction. The new construction homes were crappy enough build quality that I was able to find deal-breaking issues immediately walking in. We no longer considered new construction
• Did nothing to actually identify homes that matched my criteria. The limit the person did was set up an automated email to send whatever house appeared on the market recently that was in the areas I was looking in for me to filter out.
• I found myself spending multiple hours after work and on lunch breaks doing her job to find houses, then I’d provide a list to be set up for tours.
• Pushed towards making an offer on a flip house. House failed inspection, backed out.
The realtor had a leave of absence. Brokerage firm selected someone to fill in their stead. This person:
• Rude and unprofessional behavior.
• Uses high pressure tactics (i.e., threats related to legal speak, etc)
• Condescending and “talking down” attitude
Found a new house to place offer on at $465k (~1% over asking). Great location, great schools, 9’+ basements. Multiple offer situation. Offer was accepted
o I read the HOA CCRs after receiving them from the seller post offer acceptance
o I had significant concerns about the HOA CCRs as they seemed quite restrictive. Purchase agreement contract had verbiage that buyer has 3 days to review and accept/not accept the HOA terms.
There was a whole 5+ pages dedicated just to bushes
No privacy fence permitted as lot backs up to a creek
No playhouse for children permitted
Children’s toys or playthings not permitted in the yard (back yard)
No bird houses or bird feeders
No sheds
No external AC’s or garage mini-splits (dealbreaker for garage gym /workshop plans)
Neighbor that I ran into while touring the home mentioned he previously received HOA fines for using a wood/charcoal smoker. I am very big into BBQing. Another dealbreaker
I made decision to terminate purchase agreement
o Both realtor and realtor-designee pressured moving forward on the house when I expressed reservations about the HOA terms
o Attempted to use threats that I may get sued for adhering to the purchase agreement and backing out
o Seller signed mutual release
Realtor/designee provided refusal, in writing via email to:
o Refusal to schedule additional house tours for properties that I identified interest in
o Refusal to ask listing agents normal questions such as “was there recent remodel work?” “has anything been done to the house that required submitting permits?” “what is the age of the mechanicals and roof?” etc.
After the realtor and designee’s refusal to follow instruction to schedule home tours and ask the seller’s agents normal questions. I called my employer’s relocation team to request to be placed with a realtor from a different brokerage firm due to breach of contract on the realtor’s / broker designee part. I also filed a complaint about their conduct.
I should be paired with a new realtor Monday or Tuesday
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source https://www.reddit.com/r/RealEstate/comments/1s6tsom/made_the_call_to_my_employer_to_fire_relocation/
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