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Here's an update on Thursday's Shady Agent blog:  Unfortunately, my buyers felt pressured enough to work with the Shady Agents in order to get this property.  As mentioned in the blog, they've had their eye on the property for some time now.  Honestly, I'm happy they're on their way to getting the home they've been hoping for(Or at least I hope they are).  But I am dissapointed  to say the least, that they'll be dealing with a group of agents that don't care to follow the ethical rules and guidelines we have all signed up for. 

Although I was not the procurring cause, the internet was, these buyers ELECTED to work with me under no pressure, even after having contacted these agents prior to meeting with me.  All I can hope for now is that they will be taken care of in a somewhat decent manner by these agents.  Because I wasn't procurring cause, I may not have any pull to do more than file a complaint against these so-called "agents".  One thing is for certain though, I will not take my buyers to any listings held by Michael Johnson at Freedom Real Estate Inc, or his agents Michael and/or Alfredo.  Beware of these people their tacticts.

To All that  posted your kind advice, comments, and support, THANK YOU!!  I'll post future updates if anything else arises.  Remember, honesty, good morals and ethics bring prosperity too!  Until then, Blog On!

Yvette

 

A married couple pre-qualified for a loan called me about a house they've had their eye on for almost two years.  They were outbid by another offer back then, now the very same property was recently listed on the MLS as a short pay subject to lender approval.  Their nephew is a Mortgage Consultant looking out for their best interest as well.  Nephew contacted the listing agent yesterday and scheduled to view the property today and requested I meet him there.  This agent emails nephew stating there is an offer for the asking price, but if he (the agent) represents these buyers, he can make sure they will get the property.  I called the listing agent again yesterday, not telling him I had previously spoken with him.  He tells me he has an offer above the listed price and was expecting to meet with a lender the next day and take another offer.  This was all yesterday evening.

Today, I'm the first to arrive at the property and I meet Mr. Seller.  His agent is not there yet, so I wait in my car for Nephew and the listing agent.  Nephew calls to inform he's running a little late.  He had called listing agent to inform him as well.  When Nephew told him buyers' agent was meeting too, everything changed.  Suddenly, the agent can't keep the appointment.  Nephew arrives and we knock at the door and speak with Mr. Seller again. He informs us he no longer wants to sell the property, he's changed his mind.  My question to him was why he didn't mention that to me 30 minutes prior when I told him I was ther to meet his agent?

My question is... can these "agents" obstruct another agent from representing the buyer and submitting an offer??!!  If they don't want other agents coming with buyers, why not state that on the MLS?  By the way, I never actually spoke with the "listing" agent.  Calls seem to be forwarded to this person that's trying to make sure HE is the buyer agent.  Is this legal?  Where's the fiduciary duty to seller?

 

 
 
Real Estate Agent: Yvette Ortiz (Coldwell Banker Coastal Alliance)
Yvette Ortiz
Long Beach, CA
More about me…
Coldwell Banker Coastal Alliance

Office Phone: (562) 498-6501 Ext.: 464
Cell Phone: (310) 694-6125
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