ReMax Foothills Real Estate Complaint - It's All About the Commission!
ANDERSON, SOUTH CAROLINA -- My husband and I recently found a house that we were interested in purchasing. Because of some financial rearranging that we had to do on our part (time to rearrange some assets) we decided to approach the Seller directly.
There's no law that says you can't negotiate directly with the Seller; who better to negotiate for you, than you? As it turned out, the Seller wanted to purchase the home were were going to move into (not listed with a realtor). The terms, purchase prices of both homes, closing dates etc., were all agreed upon by both parties and a contract was executed (with the contingencies being fully discussed and understood by the Seller and ourselves)and presented. Because we had all agreed, my husband and I even went so far as to see if our tenant's would be willing to move out before the expiration of their lease, they agreed. We would have NEVER asked them to do such a thing if we were not certain all of the details were ironed out. By all appearances and in my opinion, THE MINUTE the agent got involved in the negotiations, the whole deal fell apart. Suddenly, the Seller couldn't do the things she agreed to the day before; suddenly she couldn't afford the price of our house (wasn't a problem the day before) and some other conditions suddenly couldn't be met. All this happened from the time the contract was presented. Highly suspect if you ask me. The Agent was only getting a reduced commission on the sale of this house (something I'm assuming SHE must have negotiated); she was losing the commission on a home she might have sold to the Seller to replace the home she was selling; and she whould would not be getting a commission on the sale of my home. As a result of her self-serving actions, the Seller, who had a FULL PRICE offer from us, now has to start all over again.
Pretty arrogant if you ask me! Now, if they GAVE it to me, I wouldn't take it and can assure you ReMax Foothills will never see my business - on the selling side or the buying side! I certainly hope the broker (who was unaware of the situation at the time it happened but now does) will discourage this kind of behavior in the future. They are there to serve the client, not just their own wallets! It's one thing if we couldn't work it out, it's entirely different when somebody "SCREWS" you out of it!