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#273183 - 02/02/09 09:14 PM
Listing agent refusing to submit an offer~
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Member
Registered: 02/27/08
Posts: 127
Loc: ca
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where can i find the violation or legal case regarding the listing agent not submitting a full price-as is offer to the sellers? they keep reducing the asking price,
listing agent told me that he won;t submit my full price offer to the sellers.
what should i do regarding this?
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#273189 - 02/02/09 09:56 PM
Re: Listing agent refusing to submit an offer~
[Re: Perky_REALTOR]
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Member
Registered: 02/27/08
Posts: 127
Loc: ca
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nope, still active and it just reduced $60,000,
no offer other than my buyers
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#273190 - 02/02/09 09:59 PM
Re: Listing agent refusing to submit an offer~
[Re: BayAreaAgent]
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Mod Squad
Major Contributor
Registered: 11/27/06
Posts: 7685
Loc: PA
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#273194 - 02/02/09 10:05 PM
Re: Listing agent refusing to submit an offer~
[Re: SalePro]
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Member
Registered: 02/27/08
Posts: 127
Loc: ca
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he doesn;t like my buyers, may be he wants to buy this house cheap without presenting any offer to the sellers.
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#273304 - 02/03/09 11:44 AM
Re: Listing agent refusing to submit an offer~
[Re: BayAreaAgent]
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Major Contributor
Registered: 11/06/07
Posts: 1520
Loc: Nevada
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where can i find the violation or legal case regarding the listing agent not submitting a full price-as is offer to the sellers? they keep reducing the asking price,
listing agent told me that he won;t submit my full price offer to the sellers.
what should i do regarding this? if you're in California, the DRE can help you find references in the California Code, and court decisions. this is a well known obligation under general agency law. we can't tell you what you (should) do, because that could be taken as legal advice. what you can do...get tough and inform the listing broker that he is on thin ice if he refuses to present the offer without a written instruction to that effect from his client. and if the current list price is lower than your current offer, withdraw it and submit a new lower offer. the seller will be obligated to accept your new cash offer (without contingencies) at the current list price, saving the buyer some serious cash. no legal advice intended
Edited by shana (02/03/09 11:51 AM)
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#273306 - 02/03/09 11:52 AM
Re: Listing agent refusing to submit an offer~
[Re: shana]
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Veteran Member
Registered: 10/14/07
Posts: 1215
Loc: Outer Banks
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If it is a foreclosure does the bank require the offer to be submitted by the buyer's agent directly to the bank through the bank's website?
Edited by Bigtoe (02/03/09 11:53 AM)
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#273311 - 02/03/09 12:01 PM
Re: Listing agent refusing to submit an offer~
[Re: Bigtoe]
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Member
Registered: 01/19/09
Posts: 365
Loc: CA
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I would email/fax the offer for documentation purposes, that way later on it won't be he said i said. I would call DRE as well but before this, talk to your broker and he/she should contact his broker
Edited by dial1010 (02/03/09 12:02 PM)
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#273349 - 02/03/09 02:31 PM
Re: Listing agent refusing to submit an offer~
[Re: dial1010]
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Veteran Member
Registered: 08/23/05
Posts: 704
Loc: Spring Hill, FL
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and if the current list price is lower than your current offer, withdraw it and submit a new lower offer. the seller will be obligated to accept your new cash offer (without contingencies) at the current list price, saving the buyer some serious cash. A seller is never obligated to accept any offer (at least not in FL, but I'm pretty sure this applies pretty much anywhere)...regardless of whether it's full price or not...
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#273367 - 02/03/09 03:35 PM
Re: Listing agent refusing to submit an offer~
[Re: ManFromTheBand]
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Major Contributor
Registered: 09/01/06
Posts: 2834
Loc: upstate New York
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New York is like ManFromTheBand reports for Florida, somehow I doubt Nevada is any different!
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Registered: 01/02/07
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