You make the call...IS that even legal.....
Agent calls to tell me an offer is on the way...from a property he,or his client HAVE NOT even previewed. I was sketchy in the first place. I get to reading the offer and it is a full price offer, more then full price. Buyer asks for an inspection, asks to be able to"reassign " the contract, and that the seller pay a "Finders Fee" to some third party( who I later find out is the originator to the offer) for finding a buyer. They have an inspection period for all "investors" to approve the property. The buyer even went as far as to ask to show the property to potential buyers , before they had clsoed on the deal. (trying to find a renter before the property was purchased) Of course my seller declined , but the buyer came back a second time asking with a definite buyer, but a $5000 fee for finding the buyer. Sounds to good to be true...right?
Turns out that the originator seeks people online and "qualifies them, and /or seller finances in some way. The agent told me he submits like 10 offers a week to sellers to see who bites. I replied that agents don't make that much when they sell a property.
My question was "is this legal"? You make the call...
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