Stop right there, I work for my client and my client only.

Something happend this weekend that really bugs me. I listed a home, AS-IS. The home is in good shape just needs updating. The comps in the area are good. AS-IS homes in my clients condition are flying off the market at 75k easy. Complete rehabs wanting a quick sale fly off at 125k in 2 weeks and are selling between 140k and 150k with an average "shelf life" of 60days. I made my seller well aware of this.

So I get a call from an agent/investor (who happens to know the market very well because mostly all of the comps were his flips) asking me if my client would accept 50k. I told him no. They would not accept that low amount. Then he asks the question that I despise the most coming from a real estate agent, someone who should know better, "Well how much would they accept?" Excuse me, are you kidding me? This is my client. What do I look like giving you an edge to be able to lowball them? I told him look, go take a look at the property and submit an offer. That's it.

 So late on that night, he calls me letting me know that he just emailed me an offer, with proof of funds, all cash, no contingencies, and he can close in a week. I look at the offer and low and behold, it's 50k. I let him know that this was not acceptable especially when I have two full price offers on the table. He goes through all this hoo-ha about how bad the market is (but mind you, he's buying up everything in site in this horrible market) and wants me to present this offer to my clients and counter him. I told him that I work for my clients and will not encourage them to accept this low offer in a market that I have made them well aware of and that I'm not wasting my client's time by playing the counter game, make a reasonable offer and submit it or my clients will accept one of the two full price offers I have for them. And I don't even want to go into how he tried to sweetin' me up with the fact that this would mean double commission for me because of course he would not require a commission.

Oh and mind you....my phone is ringing off the hook about this property. What is wrong with some people? I do understand the game but please, don't push me to waist my client's time. They listed with me for a reason and I hold fast to keeping my promise to them that I will protect their best interest until the closing table....