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Guess that’s why it’s good to have these conversations…
Hubby and I are up to our ears in continuing ed and zoom meetings about all these changes in agency law that are about to take effect because of these lawsuits.
There’s gonna have to be a lot of conversations to clarify these new rules! Not even sure they are even settled yet.
Guess that’s why it’s good to have these conversations…
Hubby and I are up to our ears in continuing ed and zoom meetings about all these changes in agency law that are about to take effect because of these lawsuits.
There’s gonna have to be a lot of conversations to clarify these new rules! Not even sure they are even settled yet.
There WILL be appeals. And the landscape will evolve routinely while people feel their way through things.
Obviously, my post was a direct response to Diana's post.
I even quoted her in my response to her. And I even quoted her again just for you.
You follow neither threads nor agency topics well. That leads to your confusion.
Obviously, you are confused... which is not unusual. You were not only responding to me, but you also even put my name as the first word in your post to make it clear who you were responding to.
Please try to keep up with what you said to whom. If all else fails, go back and read your post. I even included your post in my post so that you wouldn't have to look it up. Here's a hint: My post was #47.
In most states, they do as a brokerage or agent cannot advertise or market another brokerages listings as their own. In SC, an agent from Broker B cannot host an open house at the listing of Broker A.
If that was the case at the listing in question it would have had to be from the same brokerage or it would be a violation. However, the friend still should have asked questions if they had concerns or refused to accept the offer if they didn't like their net. Assuming is bad, but this probably didn't become an issue until someone like John put the thought in her head that she got ripped off and she was gullible enough to believe it.
I put no thought in anybody's head. I knew nothing about the transaction until it was well over. Not that it maters but my friend was a CPA and could "read/understand" numbers real fast.
Obviously, you are confused... which is not unusual. You were not only responding to me, but you also even put my name as the first word in your post to make it clear who you were responding to.
Please try to keep up with what you said to whom. If all else fails, go back and read your post. I even included your post in my post so that you wouldn't have to look it up. Here's a hint: My post was #47.
I have told this story before but it bears retelling. A friend listed his house ($650K) with an agent who lived in the same complex and sold a lot of homes in the complex. She said 6% commission but if she was both the selling agent and the buyers agent it would be 4%.
They had a open house planned and the agent said she could not make it. They could either reschedule or she would have somebody from her office cover it. He said fine let someone cover it.
Some of you can see were this is going. Well somebody came through the open house and ended up making an offer. Well the person holding the open house claimed she was the buyers agent so my friend paid 6%. He feels his listing agent tricked him. I do not know about tricked, but she did not explain the issue upfront.
Your friend needs to "read" the contract before he signed it. He is upset over $13,000 in extra commission which I understand but he needed to tell his agent his concern BEFORE signing the contract to sell.
Agent: Hey great news we got a contract for 650K
Seller: Ok so before I sign it what are we going to do about the commission?
Agent: Well what do you mean?
Seller: Because you didn't attend the planned open house I have to give away $13,000! So what are you going to do to make up the 13K for me?
Agent: Nothing
Seller: Ok then go find me another buyer as I'm not taking this deal. I don't want to force my buddy JohnGolf to post more on City Data about this deal anymore!
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