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[deleted] t1_isc5z08 wrote

Reply to comment by [deleted] in Real Estate Agents Caught on Camera Facilitating Mortgage Fraud for a Fee by Puzzleheaded-Bug7189

[deleted]

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BaronCapdeville t1_iscaxp4 wrote

Ah. I understood that backwards. I thought you were house hunting and he found an unrepresented property. In that case, it wouldn’t be strange at all.

In this case, he’s already negotiated with the seller (you) for his compensation. He should not be bothering the buyer for anything else.

If he isn’t newish (only a few transaction) or working for a shady broker, this would be unexpected behavior.

It’s worth calling his broker to complain, if he put the deal in jeopardy. If the broker doesn’t make it right, or is dismissive, I would escalate it to the real estate commission.

State real estate commissions don’t fuck around. It is nothing like a police union. One bad apple spoils the bunch, and bad realtors get hit with $10,000 in fines for stuff that’s just standard procedure in other business sectors.

If something was done to hurt your deal, the real estate commission would want to know that. It would also STRONGLY dissuade this realtor from ever fucking with anyone else again. Second offense is usually a lifetime ban, or some huge fine.

Coming from someone with a brokers license: fuck this dude.

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Blenderx06 t1_iscg6ir wrote

Otoh, kinda shows why an agent would've been smart for the buyer, if they were tricked so easily into signing something they shouldn't. I wonder where else they were screwed over? (not saying you had any intentions there, but there're just so many details that go into home buying.)

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hertzsae t1_iscr46s wrote

The buyer wouldn't be out money, so they weren't tricked. The seller pays the commission.

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Blenderx06 t1_iscziap wrote

>My real estate agent attempted to scam me out of $8000 by tricking the buyer into signing something saying he was representing both of us.

The op used the word, so I did too.

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RunRevolutionary9019 t1_iscuxqx wrote

Or maybe it was because they buyer didn’t give a Fuck and I should have trusted him and fired the scummy realtor in the first place.

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Blenderx06 t1_isd03c4 wrote

>My real estate agent attempted to scam me out of $8000 by tricking the buyer into signing something saying he was representing both of us.

You're the one who said they were tricked my dude.

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GirlPMurPersonality t1_iscc1dr wrote

Actually, as a dual agent you still do a good amount of extra work most of the time. You have to do all the work on the buyers side that a buyer's agent would normally do. It also brings on a lot of liability. That being said, I'd still give my seller a very nice discount but I wouldn't expect to do all of the buyers side work for free. I have done this many times.

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RunRevolutionary9019 t1_isccay2 wrote

He didn’t have permission. He didn’t ask. He wasn’t transparent. He lied.

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GirlPMurPersonality t1_isce4ee wrote

I don't know what all transpired in your situation. I don't doubt it either there are a lot of shitty real estate agents. I was just pointing out that there is extra work if you dual end it. Like you said you have to be transparent and make sure both parties are fully aware of what's going on. I hate real estate agents tbh, everyone does their own shit and there is very little oversight

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