Unbelievable real estate agent - Posted by Barbara (ME)
Posted by Barbara (ME) on June 04, 1999 at 06:26:47:
I went with my son and wife to the real estate agent’s office yesterday so they could sign the purchase and sales agreement on the owner financing they are buying. The agent could not have been more obnoxious.First she didn’t like the idea I was so familiar with closings.
The seller had given my son a break and agreed to a 8.25% interest rate and she angrily ranted over this and said “I definitely would have told him not to do this but he wanted to give them a break” as if this were a terrible crime.It obviously does not affect her commission. She also was bemoaning the fact that since it was owner financing “The seller had to pay the commission out of his own pocket”. This is a well-to -do seller, and I feel if he agreed it was none of her business.
We had obtained a lawyer to do a title search and the agent insisted that we also had to hire this lawyer “for $200 or $300” to do the closing and I strenuously objected. The seller is in Manchester VT. and it is such a simple transaction it would be simple to do it by mail.She said this lawyer would have to pro-rate the taxes. It is also in the signed agreement (which I pointed out and she also didn’t like) that the seller’s lawyer would prepare ‘all papers necessary for the title transfer’. She said “she would have to call the seller and get back to us” as she didn’t like that either…I have no idea why and it is already a signed agreement anyway.
I got the feeling she might have gotten a kickback from the lawyer if we had had him do the closing. She also couldn’t wait to recommend an insurance agent which of course we ignored and went somewhere else. I can’t believe people act like that.She is bad for business to say the least.My son and wife were so excited and she threw a wet blanket on the whole affair.What a pill.
It just so happened too that the lawyer’s paralegal is my neighbor and I talked to her later and she could see my point and had no problem with it. She didn’t have any good to say about the agent either.
I have no problem either paying $11 to register the deed rather than paying a lawyer to do it :-).And if my son and wife could use the agent’s counter to sign the purchase and sales agreement and disclosure forms they can also sign one or two other papers there esp. since the agent is getting $3k commission and never even showed us the house as we got the key from the seller.
Just my .02