Watch out for Real Estate Agents Who Don’t Have Your Best Interests at Heart
The majority of the real estate agents I know are superb folks who work very hard. They focus on getting sellers top dollar for their homes and help buyers get into the house of their dreams in a financially responsible way.
And then there are those you need to watch out for. The latter are the folks I will be writing about today. (Let’s face it, this story is much more interesting!)
One of my suddenly single friends placed her out-of-state house on the market with a local real estate agent who appeared to be the top in his field. He wasn’t. Almost one month after listing her house, the agent had not done anything to market the home, including not having put the home into the Multiple Listing Service, not placing it on his website, not taking any pictures of the home’s interior, and not showing the house to anyone except his son, who was a flipper.
It gets worse. The son made a low-ball offer on a house that had been valued by the real estate agent. They then insisted on a quick close. And the house still hadn’t been listed on the MLS. When the home owner and her hubby called the real estate agent out on the issues, the realtor’s son withdrew his offer, the house was immediately placed onto MLS, and an offer was made by someone else. Someone who insisted on an immediate decision.
What do you think my homeowner friend should do? I would love to hear what you think, and then I will tell you “the rest of the story” in a future blog posting.