A local agent here (Another office, not mine Thank God) is being sued over a feedback issue;
The Listing Agent calls for feedback and is told by the Buyer's Agent that the buyers thought "the colors were tacky". The Listing Agent agent passes this onto their client.
A week goes by and the buyers can't find another home to fit their needs, so they decide they can redecorate the tacky colored house. So they make an offer. The sellers ask if these are the same people that made the comment and the listing agent confirms it is. The sellers counter at full asking price because they are upset.
The buyers are OK with the full price until they get to the closing table and they find out from apparently the Selliers attorney that the Sellers requested full price because they were really upset about the Tacky Color comment. The buyers are now suing their agent for disclosing information because they feel they could have gotten a better price if this information wasn't passed on.
This puts a whole new spin on my thoughts about feedback! What's your opinion?
Posted by; Vicki Watzlawick, Broker Owner, Exit Platinum Realty, Lake In The Hills,IL www.vickisdreamhomes.com