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SVTPerformance's Chain of Restaurants
Road Side Pub
Ettiquette for switching real estate brokers situation question.
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<blockquote data-quote="CobRoush-00" data-source="post: 14111176" data-attributes="member: 136732"><p>It's a pretty sticky situation. </p><p>1- Did you sign a Buyer Broker agreement with either one of them giving them the right to represent you in the transactions?</p><p>2- If you did, please check out the verbage (Usually any properties that broker #1 showed you during his or her service has to be purchased through him or her)</p><p>3- Please do inform your new broker of the situation because the first broker was the procuring cause of the sale even though the deal was canceled after the inspection. Although broker #2 informed you of the property but he or she never took you to see it and probably never set foot in there either.</p><p>4- If you want to keep your new broker, then walk away from that house altogether.</p><p>5- If you want that house, then buy it using the service of broker #1 and as a good guy you can buy broker #2 a little present and say thank you.</p><p>6- If you buy the property from broker #2 for whatever reason, expect a litigation suit from broker #1.</p><p></p><p>Good luck!</p></blockquote><p></p>
[QUOTE="CobRoush-00, post: 14111176, member: 136732"] It's a pretty sticky situation. 1- Did you sign a Buyer Broker agreement with either one of them giving them the right to represent you in the transactions? 2- If you did, please check out the verbage (Usually any properties that broker #1 showed you during his or her service has to be purchased through him or her) 3- Please do inform your new broker of the situation because the first broker was the procuring cause of the sale even though the deal was canceled after the inspection. Although broker #2 informed you of the property but he or she never took you to see it and probably never set foot in there either. 4- If you want to keep your new broker, then walk away from that house altogether. 5- If you want that house, then buy it using the service of broker #1 and as a good guy you can buy broker #2 a little present and say thank you. 6- If you buy the property from broker #2 for whatever reason, expect a litigation suit from broker #1. Good luck! [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Ettiquette for switching real estate brokers situation question.
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