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Dealing with an Unethical Real Estate Agent

Ethics always plays a role in the real estate industry.

Greed is sometimes tempting, but are you willing to sell your soul? My wife and I were out over the weekend looking at properties that would be a good candidate for a flip.

 

On Friday, I received a call from a Realtor I have never met before. He said he had heard that I was always in the market for a great buy and he had one. We set up an appointment to see the property the next day.

I knew we were in trouble when he showed up in a beat up pickup with the license plate taped to the back window. After introductions were made, we proceeded to attempt to get into the house. Finally after 10 minutes, we were in.

As we were being shown the property he kept telling us, that he controlled the property. What does that mean? Do you have a listing? Well not exactly. The owner is in the hospital and the son asked me to start showing the property, as his mom is in her last days. I was stunned!

My wife’s only comment, “Are you kidding me?” I’m not going to tell you what I wanted to do to this person. It is hard to believe, that in this day and age, crap like this still goes on. I wouldn't buy something from this guy if he had the last property on earth.

We abandon our house hunting for the day, decided on a movie instead. We saw, “Safe Haven,” a really touching story. Our day turned out better after all.

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MaryJane Borcynski March 01, 2013 at 08:35 PM
I just purchased a house, the day of the closing I received the keys, went to the property as the new owner....water pouring on the ceiling tile on the three season porch! When I questioned the realtor before the closing why the roof was shoveled over the porch only....he shrugged. The owners knew, the realtor knew...the home inspector said there was no water spots the day of the inspection....believe me I will never trust a realtor again.
Liz Lukas March 01, 2013 at 09:02 PM
For MJ B. I'm not a realtor, but you should know that a walk-through is customary BEFORE the closing happens, on the same day or 1 day before. I suspect there was a material change in condition of the premises and recommend that you read the sale contract carefully. You may be able to assert that the sellers had a duty to disclose the leak or that the realtor also had a duty. A call to the realtor's main office to register your complaint would have been good. Of course it's possible that this was all in the past so none of the above applies to your situation. Good luck anyway.
Sean Byrd March 27, 2013 at 07:18 AM
If you are looking for a real estate agent, it is important that you find someone that is professional, credible, trustworthy, and experienced. Hiring an inexperienced, incompetent, or downright dishonest real estate agent can cost you time and money. Avoid an unethical real estate agent at all costs. To protect yourself from easily preventable problems with your real estate deals, it is important that you keep an eye out and do some research before dealing with them. You should choose a reliable and reputable real estate agents to facilitate your purchase. For example in London, http://www.plazaestates.co.uk/properties-to-rent/buying-to-let one of the well know and trustworthy real estate firm that can provide you detailed information about rentals as well as properties for sale in every region of London.
For the Record March 27, 2013 at 08:31 AM
Dear Joe, If you are still looking for property and would like to work with a professional and ethical realtor who served our real estate needs; on both the selling and buying ends; I recommend Ms. Jody Lynn. She is a full time realtor who helps buyers and sellers realize their home-ownership goals. Licensed in CT & RI. She specializes in the Lower CT River Valley and the Misquamicut Beach/South County RI areas. She can be reached at (860) 214-7514. Best Regards, Daria Thompson

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