You want to hear “crazy”?? - Posted by Frank Chin
Posted by Frank Chin on March 09, 2006 at 10:54:44:
I might also add that I was told the other buyer who tried to cut her out then tried to submit another better offer through her. Later on, she told me that she told the guy to “stuff it”, and said she don’t want to dealt with someone so “unethical”.
My sense was, she was mad, and was teaching this buyer a lesson. And who was I to say anything, since everything lined up so perfectly for me. And she was a big intimidating women, the seller, a mousy little guy, so who was he to complain.
I just happened to be chatting about this little episode with my attoreny when he told me of another similar case with this very brokerage where they’re suing a seller for commission, and he was called as a witness. Apparently, some agent showed a property, the buyer and seller waited for the listing to expire, went to contract, and denied that the agent ever showed the place.
I recall its not often around here that agents asked potential buyers to sign anything to the affect that they showed the place. In fact, I tried to sell an out of state property, listing it through a realtor. The listng expired with the place UNSOLD, and I was going to do FSBO, and asked the agency for a list of people they showed it to, so if anyone shows up on the list, I can notify them so they can get their commission.
I was trying to do the right thing.
After one written, and several phone requests, I got nothing, so I wrote them finally saying that since they cannot furnish me such a list, they’re entitled to “no commission” if I sold the place. I still heard nothing.
Just then, someone wanted to rent the place, stayed, and moved out 3 years later. Then I sold it getting over 90K for the property, rather than the 66K listed through the agency several years before.
I was told the original agent I used was rather lazy, didn’t market it properly, and I didn’t really stay on top of things as I was out of state. BUT the wonderful thing about real estate is if you wait around long enough, even messups like this can make you money.
So, I’m not complaining.
In fact, I’ve heard many comments about house wives getting listings, then depend on MLS to sell it, and this was the case here. Apparently, this realtor was recommended to me as she’s the sister of the managing agent for the condo.
Some years later, I listed a SFH thru an agency, another house wife. After she got the listing, and whenever I would call her, she’s on the way picking up the kids from school, on the way to the ballgame etc., and she’ll check things out. Then, I would get a call back from the “secretary” at her office, asking “what is it that I needed”??.
She also failed to sell the place, then 9/11 came around, which gave me an excuse to cancell the listing. It was listed for 249K then, I still got the place, and the town just notified me, according to them, its market value is 375K. As they’re always a year behind, I figure it’s worth around 400K, give or take.
Thank God for these agents that can’t sell anything.
But the funniest story about agents is this. One rental agent held an open house for the SFH mentioned above. Since it was for several hours, we started talking, and she said she’s been an agent for around 10 years, and struggling with a daughter to raise. She said “I’ve been at this for about 10 years, I haven’t figured out how people make money on Real Estate”.
If I didn’t have the house “freshly painted”, I would’ve banged my head on the walls.