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#307031 - 09/20/09 09:14 PM
Re: should we change agents?
[Re: super realtor]
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Junior Member
Registered: 09/17/09
Posts: 7
Loc: Florida
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We went with our new agent today to see 6 houses. Wow... Quite a different experience! Now I'm even more convinced that it was time to move on. She was very organized and picked up immediately on the type of house we were looking for.
We put an offer on the 5th house we saw, so we will see what happens. It is not a short sale or foreclosure.
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#307034 - 09/20/09 09:34 PM
Re: should we change agents?
[Re: Perky_REALTOR]
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Junior Member
Registered: 09/17/09
Posts: 7
Loc: Florida
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The reason we weren't able to go see it was "the owners are sickly." So, there again, I can't necessarily blame him for that, but knowing we are ready to find a house, I think he could've set up something else to show us. He also could try to find that stuff out before setting up a time with us to see it.
Oh well, I think he was probably as frustrated by us as we were by him. I do feel a little bad though, he was a nice enough guy, just scattered.
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#308562 - 10/03/09 09:14 PM
Re: should we change agents?
[Re: Anyrae]
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Member
Registered: 01/23/09
Posts: 15
Loc: MN
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Short sale can be a mess if your offer did not go to the bank it was probly becouse a higher one came in and the listing agent was just fishing for offers over that month and did not tell your agent this is tipical for short sales. I would stay with your agent.
Kirk Duckwall
www.edinarealtyminnesota.com [url=http://www.edinarealtyminnesota.com]www.edinarealtyminnesota.com[/url]
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#308618 - 10/05/09 08:24 AM
Re: should we change agents?
[Re: Duckwall]
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Major Contributor
Registered: 11/03/07
Posts: 2335
Loc: Northern Colorado
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Anyrae,
I'm bothered by your statement that he told YOU to keep looking for houses. While it's good that you are looking and that's all fine and dandy. Is he looking for you also? He should have set up a search for you on the MLS that notifies him when a home comes on the market that fits your need. This should be e-mailed to you then. It really bothers me when agents tell the buyers to find a house. It's good that you are looking as you might find something that is different then what you told your agent about that he wouldn't have found it.
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#308843 - 10/06/09 01:25 PM
Re: should we change agents?
[Re: super realtor]
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Member
Registered: 10/06/09
Posts: 10
Loc: California
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Sometimes it depends on if you are buying for investment or buying for your own use. If it's the latter, an average agent will be good enough as long as you are comfortable with his/her style. However, if you are buying for investment and plan to sell the property in the future, it's really important to find a top rated agent that know the market and the region.
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#318595 - 12/19/09 05:45 PM
Re: should we change agents?
[Re: Anyrae]
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Member
Registered: 10/29/05
Posts: 41
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Hi,
My husband and I are soon to be (hopefully) first time home buyers. We are trying to decide if we need to find a new real estate agent.
I'll try to make it short. We looked at several houses with our agent, found one we really really liked and put an offer on it. It was a short sale situation, so we knew it was going to take a while to know if our offer was accepted. My husband followed up with our agent several times, just to verify that it was our offer that the seller had submitted to the bank. During this time our agent told us that the listing agent was on vacation but he was 95% sure it was our offer that was submitted to the bank.
This went on for over a month and a half, during which time we were not looking for a house as we believed we had found one. Our agent told us a couple weeks ago that our offer was not the one taken to the bank after all. He seems to be blaming this on the listing agent, saying that she has "screwed him over" before. This would have been helpful to know 2 months ago, but whatever.
So basically, I don't know if I should take the advice of friends and family and get rid of him or is this maybe not his fault? Also, how awkward will it be to switch, like will we get put on some list of bad clients? (haha)
Any input is greatly appreciated!
I thought the listing agent legally has to submit ALL offers.
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#322034 - 01/15/10 11:23 PM
Re: should we change agents?
[Re: mWoods]
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Veteran Member
Registered: 09/23/07
Posts: 874
Loc: Dallas, TX
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Buyers and their earnest money being held hostage by short sales-
That is the truest statement I have read in ages. Kinda made me chuckle, unfortunately it's true. I do not know how it is in other states but in TX we have a special addendum that allows the buyer to run away of the transaction any time with out losing their earnest money.
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#323072 - 01/21/10 11:08 AM
Re: should we change agents?
[Re: Viktor]
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Member
Registered: 01/06/10
Posts: 113
Loc: TN, USA
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I think it's important for agents to educate their buyers on Short Sales to see if making an offer on a Short Sale is really for them. In most cases it's not for 98% of buyers, for example First Time Buyers or buyers who need to move by a certain time frame.
I also talk with the seller agents to see what type of relationship they have with the banks. In some cases if the bank states they can move on this short sale quick then I would advise with an added note with a date to the offer.
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#323185 - 01/21/10 08:01 PM
Re: should we change agents?
[Re: Viktor]
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Major Contributor
Registered: 08/16/07
Posts: 2813
Loc: X
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Buyers and their earnest money being held hostage by short sales-
That is the truest statement I have read in ages. Kinda made me chuckle, unfortunately it's true. I do not know how it is in other states but in TX we have a special addendum that allows the buyer to run away of the transaction any time with out losing their earnest money. That is NOT AT ALL what we have in Texas. Viktor, you might want to get with your broker and go over this. The buyer can lose their earnest money in Texas any time they fail to perform - unless you have some ungodly, completely open ended third party financing addendum or a really bad listing agent who doesn't know his sellers rights.
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