WebNov 26, 2024 · When a seller is to be presented with multiple offers, a prudent agent will inform prospective buyers of that fact in writing and obtain a written acknowledgement. This gives potential buyers an opportunity to submit an offer if they have not already done so, or to revise an existing offer that has not yet been accepted by the seller. WebAug 20, 2024 · You can typically file an ethics complaint against a broker with your state's association of realtors. Agent complaints are often accepted by the area's real estate commission. You can also file suit against either an agent or a broker in court if the individual's misconduct has caused you financial harm. 1
Lying Realtors - Fake Multiple Offers : r/RealEstate - reddit
WebNov 26, 2024 · Lying about multiple offers is not an ethical act, despite the fact that it may seem noble. A realtor may be lying if they claim to have had multiple offers on a home. There is no law against real estate agents who make false representations about the possibility of a buyer purchasing a NYC home. WebMar 13, 2024 · Mar 13, 2024. For sellers, getting multiple offers on a house is a dream. But for buyers who have fallen in love with a particular property, hearing that their offer is one of many can be ... greasecutter plus 5l
Should You Tell Your Real Estate Agent About Other Offers?
WebJun 16, 2016 · Sellers have several ways to deal with multiple offers. They can accept the “best” offer. They can inform all potential purchasers that other offers are “on the table” and to come back with their highest and best. They can accept one offer and reject the others. They can “counter” one offer and reject the others. WebAs far as the offer goes, when there are multiple offers the seller gets to pick what one or what family they like the best. Realtor gets the offer on the table. Seller accepts/declines/counters. Realtor puts offer back on your table and this continues on in perpetuity until your offer is accepted! ... Real estate agent/broker parasites lie. It ... WebDec 12, 2024 · A multiple offer lie is a situation where someone tries to sell you something by saying that there are multiple offers on the table, when in reality, there is only one. … grease cutter for kitchen cabinets