Another realtor question, sorry.
Our realtor called & let us know there was a home for sale in the
neighborhood that we wanted. We drove over to look it over before making an
appt. for a viewing. While we were standing in the driveway, the owner's
stepmother came outside. After a short conversation, she invited us into
the house to look it over. The house needed some paint, and a carpet was
scheduled to be installed in 2 days. After we left and talked it over, we
called our agent and told him that we wanted to make an offer. We met and
drew up the offer, full price, no contingencies, pre-approved financing,
$500.00 earnest money. Our realtor called the listing agent to meet at the
house. Listing agent said it could not be viewed until Wednesday. Our
agent said we had already seen it and wanted to make an offer. The listing
agent said he wished we wouldn't make an offer, because he had already made
some appointments for Wednesday. We directed our agent to present the offer
anyway, and we gave a 24 hour response time.
About 1/2 hour before the expiration time, the seller's agent called and
told our agent: he was uncomfortable about the earnest money and didn't
think it was enough, he wanted to know what this conventional or FHA
financing meant, which was it, and would we extend until next Friday. We
could not make it to sign an extension in time, so we just said we would
draw up a new offer, and fix the concerns he had. We did so. And gave 24
hour response time again.
We could not figure out why he was delaying, it was a full price offer. He
did it again. When we drew up our 3rd offer, we increased the offer to
$1,000 over asking price and extended the response time to Thursday (the day
after his Wednesday). The seller rejected our offer because she received
another this morning.
The seller's agent is already gonna be reported and (hopefully) fined for
listing the house in the MLS on 1/17 but not permitting showings until 1/28.
When we spoke with the stepmother, she was so excited and happy, seemed an
open and shut. We didn't take advantage of her being nice, we offered full
Is there anything here, or with additional information, we can do? This
buyer's agent apparently has a history of 'barely legal' listings and
dealings. Appears to be some unethical type behavior, but I really wish we
could identify something, anything.
As an aside, is there any realtor rating service on the internet? Would it
be legal to have such a site and allow people to post their experiences with
Thanks so much for any help.