Coldwell Banker/Evergreen Realty Complaint - Unlawful Reality Practice

Review by Portlandgirl86 on 2009-05-29
TILLAMOOK, OREGON -- We were shown a few homes by one of the realtors at Coldwell Bander/Evergreen Reality and were unimpressed by the homes being shown. We made an appointment with another realtor in a nearby city to see what they had to offer, and found our dream home. It was a foreclosure, and we made a bid, considerably high, because we were so happy to find a perfect house. The first realtor found out about our bid, and when the bid was filed, Coldwell Banker/Evergreen Realty pushed our HIGHEST bid to the bottom of the pile, and someone else with a much lower bid was awarded the house. That is breaking the law. Meddling in our bid because we didn't like the houses the first agent showed us is illegal.

Do not give them your business! Watch out.
Comments:4 Replies - Latest reply on 2009-05-30
Posted by madconsumer on 2009-05-29:
you have no proof the realtor did this. if the lower bid was received first and accepted, no matter what your bid was the first bid accepted gets the house.

if you still think you have an issue, contact your states board of realtors and filoe a complaint. they weill research the bids, and decide who gets the house. also, seller are not required to accept offers as they are made in order. did you have contingencies attached? pre approved, and not just pre qualified?
Posted by Suusan B. on 2009-05-29:
Ditto madconsumer.
Posted by Anonymous on 2009-05-29:
You might also contact the financial institution which held the mortgage, and ask them why your bid was not accepted. That's the sure way to find out if CB submitted your bid.
Posted by BobJohn on 2009-05-30:
We thought we would bid on a short-sale house. Even though we would have bid more than the bid submitted the realtor said she would not put our bid in until the first bid was rejected. This hurts the seller (whoever holds the mortgage) because they don't even know about my higher bid until and if the seller rejects the first bid. I like what Ken says.

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