Re: HELP!!! (how do i get out of this) - Posted by Sailor
Posted by Sailor on April 12, 2006 at 20:28:18:
You don’t want a phone call from the broker. You want a sit-down 1st thing in the morning. Show up @ 9 am. In any negotiation you want to know (1) what you want, & (2) what you are willing to accept. If this was me, (besides the 40 lashes for being not too bright about this) I’d want: (1) termination of the contract; (2) my 1k deposit on the spot, (3) an apology from the broker & the promise that this would never happen to another client. I would accept: #1 & #2. If I did not get #1 & #2 I would restate my position, & spell out my plan of action against BOTH brokers, both agents & the mortgage broker. The very 1st step would be to put the case, & again the request for compensation, in writing. Step #2 is to file complaints w/all relevant regulatory agencies/boards. Step #3 is a small claims complaint against all parties, including the colluding seller (someone won’t show up, so you’ll get the judgment). I would file for 1k + costs on the deposit + your state’s maximum in punitive damages. (Dealing from a strong position could still get you 1k prior to court.) I wouln’t act injured or outraged throughout; being a victim didn’t get you very far to date, so it is time for another tactic.
What I would do TONIGHT is to write down all the details for your own reference + any future actions, & PRACTICE stating your position. Know your goals & your fall-back position. Take crib notes so you don’t falter in your presentation.
I’m not an attorney, nor do I know all the details of your situation, but the above is what I would do. Good luck, & remember, if all else fails you’ve gotten a very cheap education–