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SVTPerformance's Chain of Restaurants
Road Side Pub
Thoughts on selling a house w/o a realtor?
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<blockquote data-quote="Outlaw99" data-source="post: 16400973" data-attributes="member: 6069"><p>My very first experience with a realtor, was not a good one. It ended with that realtor getting their licensed suspended.</p><p></p><p>in 1998 I purchased my first home. Qualified for a 1st time buyer program. Saw an ad in the paper for a nice starter home. I did not have an agent represent me. I really dont even know why. I was just naive i guess. I called the number on the ad and talked with the listing agent. She asked me if I was pre qualified and I told her yes and she asked me to send her my pre qual letter. so I did. ( this was my 1st mistake ) I was qualified for way more than the asking price of the home. But back then, I didnt have a clue as to why I shouldnt send that letter to an agent. I thought all agents looked out for all of us. I made an appointment to view the home. Next day the wife and I met the agent at the home. The home owners were there and very nice. I told them I was interested but never bought a house before. Their agent said she would guide me.</p><p></p><p>Next day I told the agent what I wanted to offer. She wrote it up and brought to me to sign. later that evening, the agent calls and says they didnt accept and that I would need to up it by at least $10K. So, I thought about over a day or so and agreed. Increased the offer by $10K. Another day later, their agent calls me and says they still didnt accept and that I should increase it yet another $10K. reluctantly, I did. This repeated itself a 3rd time. This time, I took a few days to think about it. After about a week, while I was out on patrol one evening. My dispatch says I have a call, someone looking for me. They patch it through to me, and its the owners of the house. The woman says what happened? She thought I was going to make an offer??? I told her I did, I made 3 and you declined. She told me, they never received any offer from me. Their agent was trying to pad her commission by getting more money from me. Lying and manipulating me. No one ever disclosed to me that I was to be notified in writing. I was so pissed. The next day the wife and I went to that agency and asked to speak with the broker in charge. They brought that agent in and it all came out. It was a horrible mess. They assigned a new agent to the sellers and the owners accepted my original 1st offer. If I had an agent, this would have never happened. My agent would have made sure Those offers were initialed as received.</p><p></p><p>There are terrible agents out there. There are great ones too. Every profession has good employees and bad ones. Do research and find a good one.</p></blockquote><p></p>
[QUOTE="Outlaw99, post: 16400973, member: 6069"] My very first experience with a realtor, was not a good one. It ended with that realtor getting their licensed suspended. in 1998 I purchased my first home. Qualified for a 1st time buyer program. Saw an ad in the paper for a nice starter home. I did not have an agent represent me. I really dont even know why. I was just naive i guess. I called the number on the ad and talked with the listing agent. She asked me if I was pre qualified and I told her yes and she asked me to send her my pre qual letter. so I did. ( this was my 1st mistake ) I was qualified for way more than the asking price of the home. But back then, I didnt have a clue as to why I shouldnt send that letter to an agent. I thought all agents looked out for all of us. I made an appointment to view the home. Next day the wife and I met the agent at the home. The home owners were there and very nice. I told them I was interested but never bought a house before. Their agent said she would guide me. Next day I told the agent what I wanted to offer. She wrote it up and brought to me to sign. later that evening, the agent calls and says they didnt accept and that I would need to up it by at least $10K. So, I thought about over a day or so and agreed. Increased the offer by $10K. Another day later, their agent calls me and says they still didnt accept and that I should increase it yet another $10K. reluctantly, I did. This repeated itself a 3rd time. This time, I took a few days to think about it. After about a week, while I was out on patrol one evening. My dispatch says I have a call, someone looking for me. They patch it through to me, and its the owners of the house. The woman says what happened? She thought I was going to make an offer??? I told her I did, I made 3 and you declined. She told me, they never received any offer from me. Their agent was trying to pad her commission by getting more money from me. Lying and manipulating me. No one ever disclosed to me that I was to be notified in writing. I was so pissed. The next day the wife and I went to that agency and asked to speak with the broker in charge. They brought that agent in and it all came out. It was a horrible mess. They assigned a new agent to the sellers and the owners accepted my original 1st offer. If I had an agent, this would have never happened. My agent would have made sure Those offers were initialed as received. There are terrible agents out there. There are great ones too. Every profession has good employees and bad ones. Do research and find a good one. [/QUOTE]
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Thoughts on selling a house w/o a realtor?
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