Posted by dealmaker on June 26, 2007 at 16:14:15:
It’s a CONTRACT, why would the agent agree to release them from an obligation to pay a commission.
Even if they waited until the listing agreement expired there is still the “holdover” period for anyone that the agent showed the house to.
dealmaker
ethics - Posted by Don
Posted by Don on June 26, 2007 at 16:05:04:
would it be unethical to have sellers drop their mls listings in order to free up more money for them
Rule O’ Thumb - Posted by Berno
Posted by Berno on June 27, 2007 at 08:06:20:
If you have to ask if something is unethical, it usually is.
Take care!
-Berno
Re: ethics - Posted by Jennifer-NC
Posted by Jennifer-NC on June 26, 2007 at 21:32:17:
Yes, it is unethical. Especially if you found the house through the MLS to begin with. That would basically mean that the realtor did his job, and you’re trying to him them out of his money. Even if you didn’t find it through the MLS, the seller has a contract with the realtor, so they have agreed to pay that commission.
I would hate to be the realtor in this scenario. I believe you can make lots of money in this business without having to step on toes. If you can’t make money on this deal without the seller having to pay a commission, then in my eyes it’s not a deal.