Stay with me for a minute or two as this can get kind of confusing:
Broker "A" represents seller "1" who is also buyer "1" represented by Broker "A".
Seller "1"s house has been on the market for several months..
Broker "A" represents seller "2" who is also buyer "2" represented by Broker "A".
Seller "2' (aka Buyer "2") decides to buy seller "1"s house.
Broker "A" recommends that seller "2" (aka Buyer "2") have a home inspection done and happens to know just the person to do it.
Who is it??
Why Inspector "A" (a licensed home inspector) who also happens to be a real estate agent (Agent "1") working for???
You guessed it! Broker "A".
Buyer "2" either didn't see the problem or didn't want to offend Broker "A" because Inspector "A" did the inspection.
Too top this off, Inspector "A" (aka Agent "1") is accompanied to the inspection by his wife who is also a real estate agent [not an inspector] (Agent "2") working for???
You guessed it! Broker "A".
Strangely, the only person who apparently saw the potential for a conflict of interest in this scenario was Seller "1".
Do you think Inspector "A" would mention the "little foundation problem" that could cost several thousand dollars to fix, thus killing the deals for Broker "A".
Your thoughts??
Is this a red flag for you??
Did your inspector bribe your real estate agent?
Erby Crofutt
B4U Close Home Inspections & Radon Testing
www.b4uclose.com
www.kentuckyrdon.com
502-570-4054
Rather surprised that no one had a comment on this one!