Morgan Rivas, Online Lead Generation (Coldwell Banker)

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Rainmaker
2,939,704
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of Manchester NH's Leading Agents

When there was a typo on a contract where instead of $299,900 it was written $99,900. There was already an agreed to sales price on a contract with nearly 10 cross outs, counter offers and such. A new contract was written to clean it up when the typo took place. The seller did not catch it, the buyer did and demanded to buy it for 99,900 taking it all the way to court, losing, but costing tens of thousands in legal fees

Jul 31, 2017 05:15 AM
Ambassador
2,799,909
Anna Banana Kruchten CRB, CRS 602-380-4886
Phoenix Property Shoppe - Phoenix, AZ
Arizona's Top Banana!

It wasn't actually a dispute.  Buyers were referred to me and they wanted to buy a town home.  We spent a day looking and they wrote and offer and were highly qualified (prequal in hand). And then they disappeared - I never heard from them again. I had a counter offer in hand.....with no buyers. It was bizarre. The folks that referred them felt so bad - but how could have they knows the folks were odd.  Listing agent was bummed but there wasn't much I could say......so sorry - they vanished.

Jul 31, 2017 10:57 AM
Ambassador
4,049,463
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Are you trying to get us all depressed and dredging up bad situations?

I try not to go there, stay focused on the good ones.

Jul 31, 2017 09:11 AM
Rainmaker
1,023,702
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Have not had that experience so far.

Jul 31, 2017 05:45 AM
Ambassador
1,610,056
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I really don't go in that direction. Problems are to be solved and I tend to look on the good stuff.

Jul 31, 2017 04:44 AM
Rainmaker
525,189
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

A poorly written addendum caused buyer and seller to have different ideas about terms. After tears and threats a compromise was reached. 

Jul 31, 2017 04:29 AM
Rainmaker
551,773
Peter Mohylsky, SoWal Is HOME.
PrimeSouth Properties - Santa Rosa Beach, FL
Let me help you find your path to the beach.

Buyer walked based upon the inspection.  It was my first experience with this.

Jul 31, 2017 03:57 AM
Ambassador
3,040,996
Paul S. Henderson, REALTOR®, CRS
RE/MAX Northwest. - Tacoma, WA
Tacoma Washington Agent/Broker & Market Authority!

I try not to focus on disputes and challenges. In 18 years I've had lots of challenges in real estate...

Jul 31, 2017 03:08 AM
Rainmaker
1,209,989
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Thankfully everything goes well in my world.

Jul 31, 2017 11:47 AM
Rainmaker
1,276,480
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

A buyer who backed out deep into the transaction for no reason other than their kids didn't want them to move.  The fate of the Earnest Money was resolved through arbitration.  

Jul 31, 2017 09:29 AM
Rainmaker
1,152,620
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

I had another agent out of my office help a client of mine show  a list of homes I had set aside for her and she decided to show her different homes. I got the broker involved and she had to split it with me.  I learned a big lesson not to trust that one.

Jul 31, 2017 09:12 AM
Rainmaker
2,762,631
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

My job is to ensure that does not happen. In 15 years ... it has not happened. 

Jul 31, 2017 06:54 AM
Rainmaker
1,520,416
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Geneva Financial, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

Have had a few escrow disputes and one went to the State Board of Real Estate for disposition; I won despite the attorneys on the other side claiming I had no chance. Never give up!

Jul 31, 2017 06:21 AM
Rainmaker
4,863,786
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

if and when there were any contract disputes when I was active, there were attorneys involved and everything was resolved.... there are times when we need to pass that ball to the right players!!

Jul 31, 2017 06:12 AM
Ambassador
2,343,739
Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 No disputes.  

     When I am on the Buyer's side,  I use pre-printed contracts and forms that come from our Board or Association.  I don't write in extra clauses that will cause confusion.  When I am on the Seller's side, I won't let my Seller accept contracts that contain conflicting or confusing clauses.   

    Sure, I've had parties walk after inspections, I've seen "pre-approved" buyers get denied their loan, etc. but those are not contract disputes per se.

Jul 31, 2017 05:39 AM
Rainmaker
3,049,771
Tony and Suzanne Marriott, Associate Brokers
BVO Luxury Group @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

We add clauses (yes - in AZ it is permitted for real estate agents to draft real estate contract language) that makes things "crystal clear".  Of the dozen or so Buyers who "behaved badly" after going into contract with our Sellers, they all forfeited their earnest money.  That was the decision of the Title & Escrow company, based on the language in the contracts....

Jul 31, 2017 05:26 AM
Rainmaker
4,796,451
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

A buyer who dropped off the face of the earth.  The property went back on the market.

Jul 31, 2017 05:17 AM
Rainmaker
1,816,801
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

I've erased it from my mind

Jul 31, 2017 05:10 AM
Rainmaker
910,377
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

There really has never been anything beyond normal negotiations that either move deals forward or kill them...the worst are the ones that kill the deal.

Jul 31, 2017 04:56 AM
Rainmaker
2,970,214
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Can't say I've had a contract dispute per se. Most things in a contract are pretty well spelled out... 

Jul 31, 2017 03:59 AM
Rainmaker
1,037,644
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

The seller and buyer both breached the contract and went to court.. bad news

I wish you and yours a very Happy and Safe New Year!

Dec 30, 2017 05:22 PM
Rainer
177,005
Cheryl Dukes . . . . . Intown Atlanta
Solid Source Realty, Inc. - Atlanta, GA

I'm sure I've had some, but I try to forget them, so I can't remember the particulars.

Aug 29, 2017 01:59 PM
Rainmaker
4,018,153
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Did have a seller sign the offer, after the counter was sent and signed, but easy to get resolved.

Aug 02, 2017 05:49 AM
Ambassador
3,180,728
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Not really a dispute but, I had a buyer walk on the day of Closing - he didn't want to give up his bachelor life and worried that homeownership would be too much work for him! This guy was OVER qualified, the transaction was one of the smoothest I'd ever had and he stunned us all as we were on our way to the Closing table. 

Aug 01, 2017 08:47 PM
Ambassador
4,298,221
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Morgan Rivas - the seller not signing or willing to return the escrow.

Jul 31, 2017 09:58 PM
Rainmaker
3,063,189
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Mostly on inspections and either one works it out or the deal will far.

 

Jul 31, 2017 08:00 AM
Rainmaker
5,258,092
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

The worst cases are the ones that do not go to settlement.

Jul 31, 2017 06:48 AM
Rainmaker
4,308,040
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Morgan,

Have not had any

Jul 31, 2017 06:35 AM
Rainmaker
1,366,627
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Morgan Rivas No contract disputes just some delays from providers who don't respect contract timelines.

Jul 31, 2017 06:16 AM
Rainmaker
2,422,812
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Threat of litigation, loss of funds and fear of the unknown lurk constantly. Resolution comes from a preventative mindset & negotiations

Jul 31, 2017 05:54 AM
Rainmaker
3,163,622
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Buyer had the right to walk and seller refused to refund earnest money. Dispute went to mediation and mediator divided the money. Wow, you can't fix stupid!

Jul 31, 2017 05:43 AM