Society & Culture Am I A Bad Guy?

[Niximus]

[YOUTUBE]0YM9Ereg2Zo[/YOUTUBE]

 

[daddy_4_eyes]

Normally I would feel for the guy, he has put work in and now he won't get paid for it. But, he has had 2 months and generated zero interest. He can't say he hasn't been given a fair go.

Real estate agents have big conflicts of interest in their pricing. For them it pays more to sell your property really fast but under market value than to fight for that extra $20,000 for you.

They perform their job just fine if you've educated yourself and make it known that you won't be bullshitted to. I learned that the hard way.

 

[The Goon]

OP should read Freakonomics

Was going to say this too ... brilliant book, but the thread has got the gist of the real estate agents' inherent conflict of interest.

2 months and not a single viewing? Yet he has an interested buyer? This guy is not only hopeless, he's lying. Get rid of him and don't feel bad about it.

 

[Smoooothy]

i would be very wary of vengence now from this guy, he seems to be a nutjob - the sort of guy that would try to shaft any other potential agents

he doesn't have keys to your house does he?

 

[Ochre]

OP is a bad guy.

Nothing to do with the thread though.

 

[Starlin Castro]

Look after number 1.

The day you don't is the day you're doomed.

I like this. Yeah, not a bad guy at all. You had an agreement, he failed to generate interest/buyers and you have every right to walk away from it.

 

[Mitchemx]

You're only mistake was waiting so long to ditch your agent. I would have been giving him the arse after about 3-4 weeks of having zero inspections.

 

[TheStinger]

i would be very wary of vengence now from this guy, he seems to be a nutjob - the sort of guy that would try to shaft any other potential agents

he doesn't have keys to your house does he?

Yes he does have my keys. But i have a sword, so he better not try to come in.

The "vengeance" has come in the form of getting the principal/owner of the firm to ring me and make me change my mind, but also he is trying to fight the termination agreement. He is saying that the guarantee only applies if they do something wrong (don't follow up leads, keep me informed etc). He says just because there has been no interest is not their fault, it's just the market.

He says they have been working real hard and it's just tough out there. Now he wants to take over the selling of my property, as I clearly cannot work with the original guy anymore. He also wanted me to reread the contract and make sure they haven't lived up to their promises.

One clear point I can see is point 2. Your interests are our prime concern. We work for you. Our commitment is to always act in your best interests.

Well, who knows what my best interests are better than me? And staying with them is not in my best interest in my opinion. But there is also a clause that says I can just decide not to sell and they won't charge me.

If push comes to shove, I will just tell them I am removing my house from the market. I can wait a few days and get my mate to relist it then.

I will call him back tomorrow and lay down my claims of bad work practices to him. If he arcs up, then I remove it from sale. If he arcs up......I have no idea. Real Estate tribunal?

 

[half_back_flank]

Yes he does have my keys. But i have a sword, so he better not try to come in.

The "vengeance" has come in the form of getting the principal/owner of the firm to ring me and make me change my mind, but also he is trying to fight the termination agreement. He is saying that the guarantee only applies if they do something wrong (don't follow up leads, keep me informed etc). He says just because there has been no interest is not their fault, it's just the market.

He says they have been working real hard and it's just tough out there. Now he wants to take over the selling of my property, as I clearly cannot work with the original guy anymore. He also wanted me to reread the contract and make sure they haven't lived up to their promises.

One clear point I can see is point 2. Your interests are our prime concern. We work for you. Our commitment is to always act in your best interests.

Well, who knows what my best interests are better than me? And staying with them is not in my best interest in my opinion. But there is also a clause that says I can just decide not to sell and they won't charge me.

If push comes to shove, I will just tell them I am removing my house from the market. I can wait a few days and get my mate to relist it then.

I will call him back tomorrow and lay down my claims of bad work practices to him. If he arcs up, then I remove it from sale. If he arcs up......I have no idea. Real Estate tribunal?

I'd get a lawyer to look at the contract (if you haven't already). If he gives you the all clear then just pull it off the market and give your mate a crack.

Not much they can do in that situation other than lose themselves money, he didn't honour the contract and thats that.

 

[Asgardian]

So after two months of virtually nothing happening, I spoke to a friend of my parents who is a real estate agent. I have known him for half my life and he has always been straight with me. He said I was getting swindled. I asked him (he never asked me) that if I got out of my current contract, would he be able to sell my house. He said yes.

Now that is the part of your tale that does not make sense

Why did you not go with this friend & straight arrow in the first place?

Were you trying to do it on the cheap?

As you sow, so shall you reap

Sounds like you need a lawyer as a friend

You're not being disingenuous, are you?

 

[TheStinger]

Now that is the part of your tale that does not make sense

Why did you not go with this friend & straight arrow in the first place?

Were you trying to do it on the cheap?

As you sow, so shall you reap

Sounds like you need a lawyer as a friend

You're not being disingenuous, are you?

As crazy as it sounds, in all the process of interviewing prospective land agents, his name just never came up. In hindsight this was a huge error, but we live and learn.

It wasn't a matter of doing it on the cheap, I genuinely believed he and his crew had a good selling model. But being a complete novice at the game, I fear I made a bad error in judgement.

So, to be fair I have made a lot of mistakes in this process. But I thought that a good land agent would be able to work with me and bring out the best in what he had to work with.

Unfortunately, this has not been the case.

 

[Asgardian]

But being a complete novice at the game, I fear I made a bad error in judgement.

So, to be fair I have made a lot of mistakes in this process.

Okay, we'll take you on face value

1st, 2nd, 3rd and last of all, Do not admit to any error/s

Any and all errors HAVE to be the real estate agents.

If you are blameless you should not have to wear the costs of any errors made.

If you want to be on 100% ground, see a lawyer, it is usually money well spent.

 

[Hank_Hill]

Now I know what it's like to be a crack head. I took one hit of real estate and it blew my head off.

 

[Spudregus_87]

If push comes to shove, I will just tell them I am removing my house from the market. I can wait a few days and get my mate to relist it then.

Your best option, I believe.

Hard to comment without knowing the location/condition/price of the property, but I would've thought "Yeah, sorry, I've had a change of heart, and want to keep my property," would've been enough for you to get out of a sales contract. What can they do?

Might be a long shot, but you wouldn't happen to have any notes detailing your initial meeting with him? Not saying you'll need them, but would be good to have for your records.

In your phone conversation, did the principal make any reference to wanting you to pay any costs to this point?

If so, I'd start to think about seeking legal advice. Just to ensure your bases are covered.

 

[TheStinger]

Okay, we'll take you on face value

1st, 2nd, 3rd and last of all, Do not admit to any error/s

Any and all errors HAVE to be the real estate agents.

If you are blameless you should not have to wear the costs of any errors made.

If you want to be on 100% ground, see a lawyer, it is usually money well spent.

I am admitting my inexperience and the mistakes I have seemingly made to you, but there is no way I am going to admit mistakes to them. I am taking them to task on their guarantee and all of the blame for not selling my property well (or at all) is on them. I'm not budging on them. I will see how I go today when I talk to him, but maybe the lawyers may have to be called in at least for some advice.

Your best option, I believe.

Hard to comment without knowing the location/condition/price of the property, but I would've thought "Yeah, sorry, I've had a change of heart, and want to keep my property," would've been enough for you to get out of a sales contract. What can they do?

Might be a long shot, but you wouldn't happen to have any notes detailing your initial meeting with him? Not saying you'll need them, but would be good to have for your records.

In your phone conversation, did the principal make any reference to wanting you to pay any costs to this point?

If so, I'd start to think about seeking legal advice. Just to ensure your bases are covered.

At this point he is not asking me to pay anything, he is just desperate to keep my property on his books. What his next move is after I ask to remove my property from sale (if it gets to that) is anyones guess. Hopefully he just accepts it and moves on.


Oh and Asgardian, I know what you are getting at and I want to assure everyone that I am 100% serious about this. This is not a joke. Hopefully I will get satisfaction today when I talk to the principal again.

 

[fairlight_cmi]

Going for the guilt-trip is the easy way out, he should've manned up and admitted he had accomplished SFA.

 

[TheStinger]

Call off teh lawyerz. After a couple of days of them trying to bully me into staying they have finally realised I won't back down and have agreed to let me leave the contract, free and clear.

I am glad I've got a lot of friends and family who encouraged me to keep going with it and to stick up for myself and get out of something that was quite clearly a bad deal.

 

[Spudregus_87]

 

[Normy132]

No, if anything you're a good guy. It's a results business and if he didn't get the results you wanted then he's got to cop the consequences.

If he wanted to put that pledge to you about no sell no fees then he's either a very good agent, an idiot or he's got a lot of game. I'll go with the second one.

 

[cancat]

Real Estate agents are lying assholes with no morals. Tell him you have cancer. Tell him you have lost your job. Tell him anything. He would do that to you.

I sold a property at auction once. The agreed deposit was 10%. Turned out the buyers didn't have the 10% - but the agent didn't tell us that. He changed the contract and actually held his hand over that bit while we signed it.

 

[Scotland]

If you made a real estate agent unhappy then you are a good person, a very good one.

 

[Leper]

Call off teh lawyerz. After a couple of days of them trying to bully me into staying they have finally realised I won't back down and have agreed to let me leave the contract, free and clear.

I am glad I've got a lot of friends and family who encouraged me to keep going with it and to stick up for myself and get out of something that was quite clearly a bad deal.

Congratulations!

With that little issue taken care of, next thing to sort out in your life is your football allegiances. With StKilda's window of opportunity well and truly closed (thanks largely to a dimwitted 17 year old girl), may I suggest you fly the flag for the Tigers.... a decision you won't regret.

 

[TheStinger]

Update - After 2 months of nothing from my old agent, my new agent (my mate) has had exactly 2 days and has already had someone through to look at the place. Will it come to anything? Who knows, but at least it's progress.

So that other guy thinks he worked hard for me. Pigs arse he worked hard. If he did, I would have seen at least something happening instead of **** all.

 

[nicky]

Stinger at the end of the day it doesn't matter if he worked hard for you. The terms of the agreement were that you could terminate at any time at no cost to you if you were not happy.

 

[HarryTiger]

Update - After 2 months of nothing from my old agent, my new agent (my mate) has had exactly 2 days and has already had someone through to look at the place. Will it come to anything? Who knows, but at least it's progress.

So that other guy thinks he worked hard for me. Pigs arse he worked hard. If he did, I would have seen at least something happening instead of **** all.

Lets hope it wasn't his friend