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Results 1 to 6 of 6
  1. #1
    beedle is offline Renter
    Join Date
    Oct 2010
    Posts
    1

    Default Agent declined an offer before notifying us of it. Is this ok?

    Our real estate agent declined an offer (and obviously made no counter offer) from a potential buyer of our home without consulting us first and before she even informed of us the offer. She then wrote an email to let us know what she'd done which we received about 5 hours later. This was actually a third offer on the house.

    We did not direct her to decline any offers on our behalf. We would have counter offered.

    I am really bothered by this and feel like she killed the deal (the people went away). But I spoke with my father about it and he seems to feel like it's not a big deal. I thought agents/realtors were legally obligated to present any and all offers and I assumed that meant BEFORE declining them.

    So is this a big deal? Or am I off base here?

  2. #2
    Greg is offline Moderator
    Join Date
    Sep 2007
    Location
    Outer Banks
    Posts
    1,281

    Default

    This is a big deal and is some states this agent could be putting their license at risk.

    Call you agent's broker in charge and ask for another agent to handle your sale. No agent should ever speak for their client without consulting the client. Three offers and you still don't have a contract means something is not being handled correctly.

    You are right about not rejecting an offer. Even if it is ridiculously low you should still come back with a counter offer. It is hard enough finding a buyer who wants your home so when you do you should give them the kid glove treatment and see if you can't coax them into paying a price agreeable to you.

    Look at the copy of the offer your agent is required to give you and see if it has the buyers agent contact info. Call them up or have your new agent call them up and ask them to resubmit the offer so you can make a counter offer or just give them your counter offer over the phone. maybe it is not too late.

  3. #3
    Join Date
    Aug 2010
    Location
    St. Paul, MN
    Posts
    42

    Default

    Quote Originally Posted by Greg View Post
    This is a big deal and is some states this agent could be putting their license at risk.

    Call you agent's broker in charge and ask for another agent to handle your sale. No agent should ever speak for their client without consulting the client. Three offers and you still don't have a contract means something is not being handled correctly.

    You are right about not rejecting an offer. Even if it is ridiculously low you should still come back with a counter offer. It is hard enough finding a buyer who wants your home so when you do you should give them the kid glove treatment and see if you can't coax them into paying a price agreeable to you.

    Look at the copy of the offer your agent is required to give you and see if it has the buyers agent contact info. Call them up or have your new agent call them up and ask them to resubmit the offer so you can make a counter offer or just give them your counter offer over the phone. maybe it is not too late.
    I agree here. As a real estate agent myself, we are supposed to present any and all offers with time being of the essense. Even when I have received low-ball offers on my listings, I have told the buyer's agent that although their offer may be a longshot, I will present their offer to the sellers for their review.

  4. #4
    skovats is offline Fixer Upper
    Join Date
    Oct 2010
    Posts
    23

    Default

    You should be made aware of all offers unless you gave them specific instructions otherwise. Hopefully, they weren't thinking of their own commission.

  5. #5
    Jonathan Radford's Avatar
    Jonathan Radford is offline Condominium
    Join Date
    Aug 2010
    Posts
    153

    Default

    This is absolutely not acceptable. Unless you specifically told your agent to not even consider/notify you of offers below a certain price, I do not understand how the agent would think this is acceptable behavior. The agent's job is to find and negotiate the best deal he/she can for you, but you should always be kept in the loop throughout the process, and ultimately he or she should only be negotiating/bringing you offers to consider, not making the decision for you.

  6. #6
    realestategirl is offline Condominium
    Join Date
    Sep 2010
    Posts
    149

    Default

    All agents are required to inform the client about all potential offers for their house, because ultimately the decision whether to accept or refuse the offer is up to you. You really need to talk to this person and remind her that she works for you and not the other way around.

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