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I like that AF never forgets the branded (R) - shows love for the detail in the hate for realtors.
ELC
@
2012 Aug 26, 11:07pm
I learned the hard way using a buyers agent is dumb dumb dumb dumb. There is a high cost to this 'free taxi service' and you are now getting it.
I agree. A 6% commission is a great/er motivator. On a 100k house a 3% commission minus the split with the broker nets both of them $1500 each. Chump change.
investor90
@
2012 Aug 27, 12:36am
This doesn't seem atypical. I see this ALL the time. From the the listing agent perspective agent, she has done her job by listing the property. Realtors have THREE objectives: 1) Controlling the market by getting a listing agreement. 2) Selling the property at the absolute highest price possible, UNLESS they or one of their cronies is making an offer to buy it for themselves at a BIG discount and 3) Making the largest commission possible by ANY MEANS necessary. It's as simple as that! There are no rules that say a Realtor must be polite, return calls, tell the truth or act like anything other than a rattle snake waiting to strike.
I can offer you several reasons for her behavior. She may have found her own buyer and doesn't want to split the commission. Her buyer can make a lower offer and still be accepted by her seller. Listen to the words of these con artists "Highest and Best" DOES NOT MEAN HIGHEST. Maybe a contingency or the fact that she may have to split a commission may make HER secret buyers offer be the "best" offer?
ELC
@
2012 Aug 27, 5:39am
Boy oh Boy oh boy THE LIES of both listing agent and buyers agents. She kept notes...I learned that my buyers agent ALSO LIED.
What lies were you and the seller told? You're leaving out the most important part of the story! :)
investor90
@
2012 Aug 27, 11:30am
Boy oh Boy oh boy THE LIES of both listing agent and buyers agents. She kept notes...I learned that my buyers agent ALSO LIED.
What lies were you and the seller told? You're leaving out the most important part of the story! :)
Okay, we have interviewed over 50 Realtors and vetted them all before we selected this last one to represent US as buyers HONESTLY.
The Seller told us ALMOST EVERY personal detail about our lives. NONE OF ANYONES business. All about our jobs, our hobbies, interests, where we vacation....etc etc etc. Where we live and more.
Our loan was PRE - APPROVED by several banks. We could have paid cash for the house if we wanted....but that only GOES AGAINST our bargaining ability for the seller or listing agent to know that fact. This may explain why I had do do most of the work, writing the offer---our broker told me I was "wrong".....and my offer TOO LOW...also My offer would insult the seller......How does one insult a deadbeat mortgage debtor ( owner?) who hasn't made a payment in 12 months?
My due diligence found that one of the sellers was a CONVICTED CHILD RAPIST....no address on the house and no mail box in front was the clue.. WHY? But he NEVER let on that we knew there was a pervert and convicted child rapist selling the house===In California ( San Francisco is prime for this pedophile behavior) it is NOT required to notify the buyer that a child rapist is selling the house. Want more?
I think it places a STIGMA on the house. Which rooms were used for the torture and rape abuse of the children? Welcome to California where child rapists---that was the PC code definition for the rapist...have MORE RIGHTS ....we don't want them to have low self esteem? So make everyone else the victims. Our agent GOT MAD when I found the sellers name on the Meganslaw website. All buyers should carefully check this site if they feel threatened.
"Did you not expect a Realtor® to be palling around with child rapists?"
Love it ... no kidding. Just saw an ex-relative and real estate agent in Louisville is trying to dump not only her personal residence, but also her income properties. (All the time, of course, telling her clients "It's time to buy".
She's trying to "hide" the sale of the income properties by listing them with ANOTHER agency. What does this tell you about the National Association of Rodents?
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She is:
Daphne S. Lau, Realtor.
BayEstateHomes.com
DRE# 01879890
I had a bad experience with this agent. She kept us in dark all along without telling her real intentions.She is highly unprofessional in my opinion.
She had a house listed. My agent wrote an offer on Wednesday and she told us they are happy with the offer. Next day she had a meeting with my agent, discussed the details. They both created a contract. I signed it and my agent sent to her on Thursday. She did not send back the offer on Friday. My agent called on Friday evening and he was told that our offer is a successful offer and they going ahead with it, but did not send the contract back. She kept telling that she will be sending the contract back soon... On Sunday again she was dealing with my agent asked him to send an amended page.. So it was all set!
On Monday she stopped responding to phone calls. On Monday evening she responded to my agent's email and said that they had 3 more offers on Friday evening and they picked up one of them. This means all along until Monday morning she was fooling us. Does it mean we should not trust a word from a realtor? She could have told us what is going on all along but she gave us an impression until Monday morning that we are going ahead with the deal. She did not have even have a courtesy to give a phone call to my agent.
Stay away from her.
#housing