Wednesday, January 10, 2007

Is this the agent you want?

After agreeing to a purchase price on one my listings I received a fax from the buyer’s agent. It read as follows:

Before faxing over the counter offer #2, I am to request 3% commission.
With the market condition, we can help our client to find quality home for lower
price, plus 3% commission. We did our best to sell your home, and ask for
only half percent more. Would you rather pay $x,xxx extra, and close it
within 30 days?

Please fax over your adjustment of 3%, so we can
move forward.

Since when does the agent dictate the terms for his buyers and apparently without their knowledge? Clearly, in every profession there are low life participants who only think about making an extra buck even if it hurts the client they are supposedly serving. By the way in this case the scum sucker is a lender who is making a second fee for putting the loan together.

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