Skip to Content.
Sympa Menu

homestead - Re: [Homestead] Real Estate Question

homestead AT lists.ibiblio.org

Subject: Homestead mailing list

List archive

Chronological Thread  
  • From: VAN DELL JORDAN <vdjor AT yahoo.com>
  • To: homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Real Estate Question
  • Date: Sat, 30 Sep 2006 14:26:32 -0700 (PDT)

Lynda,
Have you been through this experience? I know laws
can vary from state to state and agents who are not
Realtors don't have the same restrictions.
I'm not sure how much of this is law, professional
ethics or the standards attached to the term Realtor,
but practice is that once you have talked to an agent
you don't go to another.
I've had this happen in Missouri and Arizona. When
one of the kids called the listing agent without
thinking. In AZ our agent called the listing agent to
get his permission before we went any further. In Mo.
our agent here wouldn't touch it so the kids had to go
with the listing agent.
If my agent represents me; he and the buyers agent
split the commission. If I have talked to the buyers
agent he is not obliged to share the commission.
I think this is state law, I know it is custom, and
required of anyone who uses the term "Realtor"
Realtor is a trade group and if an agent wants to use
that title and use multi-listing he is required to
follow their rules.
If you choose to hire a lawyer I'm sure you have to
pay his fee. I'd be curious if you know of exceptions
to that. Here in Mo I could not choose to pay my
agent if the sellers would not split, he tells me is
not legally permitted to accept a consultant fee.
I am curious if you know of situations that are
different.
Van Dell

--- Lynda <lurine AT softcom.net> wrote:

> Define "stuck."
>
> When someone lists a property, anyone interested can
> ask the seller's
> realtor any type questions they want. In fact, in
> most states there is all
> kinds of paper work and disclosures before a
> seller's agent can act as a
> buyer's agent for the same property.
>
> Just because you've asked the seller's agent the
> questions doesn't mean you
> have to use the seller's agent to represent you.
>
> Lynda
> ----- Original Message -----
> From: "VAN DELL JORDAN" <vdjor AT yahoo.com>
>
>
> > Bill,
> >
> > Once you ask a single question of the sellers
> agent
> > you are stuck. No ethical agent can represent you
> > then, and in the 2 states I'm familiar with it is
> > forbidden by law.
>
> _______________________________________________
> Homestead list and subscription:
> http://lists.ibiblio.org/mailman/listinfo/homestead
> Change your homestead list member options:
>
http://lists.ibiblio.org/mailman/options/homestead/vdjor%40yahoo.com
> View the archives at:
> https://lists.ibiblio.org/sympa/arc/homestead
>
>
>





Archive powered by MHonArc 2.6.24.

Top of Page