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04-17-2011, 07:47 PM #1
Renter
- Join Date
- Apr 2011
- Posts
- 4
legal squabble w/ a buyer broker agreement...
i'm in this terrible pickle with a real estate agent who had me sign a buyer broker agreement w/o my knowing. had i known i had a buyer broker agreement with her i would have simply used her to purchase the property. i found another property on my own, made an offer, and it was accepted and now she's saying she's going to sue me for 3% (777 dollars of a 25,900 dollar purchase price).
see, the day that we signed documents on the property that i attempted to buy with her we reviewed nothing of what i was signing. this was my fault, partially, because i've been through so many real estate contracts that i got complacent. i know what's in the contracts. for some reason a buyer broker agreement got slipped in there unnoticed by me. i don't know how it happened.
in any case... what i need to know is, are agents legally required to fully explain what you are signing? she explained nothing to me. she insists that every document was explained but that wasn't the case. in fact, the whole signing process took less than 5 minutes. my girlfriend was there as a witness.
if such a law requiring her to explain these documents to me exists, do you know where i can find it?
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04-28-2011, 01:01 PM #2
Fixer Upper
- Join Date
- Apr 2011
- Posts
- 18
Buyer Broker agreement
Every state is different. Where are you located?
Richard
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