Stop E-mailing My Clients! Listing Agent Oversteps
Recently, I received an email addressed to the buyers -- sent to them by the listing agent.
The agent sending the correspondence was telling my clients that they needed to get their lender of choice selection made, have the appraisal ordered . . . well, here:
Also note, it is best to have an early appraisal and follow up appraisal instead of waiting for the home to be complete. This will ensure that disclosures are going out in a timely manner. Keep in mind, if closing is delayed for any reason and you have chosen a lender other than ********* Mortgage, per the contract you will be charged $200/day for delay of closing.
I've highlighted where the listing agent crossed the line . . . they are not in a position to tell my clients what is best, among other things.
The buyers are being represented.
They do NOT need the listing agent, who represents the seller/buider, to tell them WHAT IS BEST!
The listing agent also went on to tell the buyers about. . . well, here:
With the new TRID closing guidelines that went into effect on October 3rd, 2015 some lenders need up to 60 days to close while some are still using the industry standard of 45 days. This means you must make a decision immediately on what lender you are moving forward with. By Friday, we need to have your choice of lender and their contact information emailed to xxxxxxxx@******.com
They are being represented!
Not only are the buyers being represented by my brokerage, the listing agent who represents the seller/builder shouldn't be advising them of new TRID closing guidelines, or anything else to do with their contractual obligations.
They are being represented!
What if . . . what if . . . what if . . . my clients are given CONFLICTING INFORMATION?!?
And the irony . . . my clients are cash buyers.
Just because the listing agent has my clients' email addresses, that does NOT mean they have permission granted to interfer with the real estate agency relationship I have with my clients!
Had they NOT overstepped, and had I been contacted in a business-like and professional manner . . . I would have been contacted directly -- NOT my clients! The listing agent would have inquired about the status of my clients' lender. At which time I would have stated they were cash buyers. I would have been thanked for the reminder, and that would have been that.
I would NEVER communicate with the sellers directly . . . EVER . . . during a transaction.
They are being represented!
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National Association of Realtors(r) Code of Ethics:
- Standard of Practice 16-13
All dealings concerning property exclusively listed, or with buyer/tenants who are subject to an exclusive agreement shall be carried on with the client’s representative or broker, and not with the client, except with the consent of the client’s representative or broker or except where such dealings are initiated by the client. [emphasis added]
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