AboutToni Yates Expertise As a real estate broker and agent for over 12 years, I am qualified to answer questions about buyer and seller agency, home ownership, second home ownership, lake property and basic real estate information and laws as they apply in the Commonwealth of Virginia.
Experience 12 years in real estate and a second home owner. Top producer for many years. Have specialised in resort and second home as well as primary home ownership. Also have expertise in equestrian properties. Owner and one of the founders of Re/Max Lake & Country as well as Greenway Horse Farm.
Organizations National Association of Realtors, Virginia Association of Realtors, Fredericksburd Area Association of Realtors, Richmond Area Real Estate Association and Charlottesville Association of Realtors. Re/Max and the Better Business Bureau.
Education/Credentials Real estate licensing and broker licensing courses as well as required and optional continuing education in my field.
Awards and Honors Top producer awards from FAAR and Re/Max.
Question I have a ratified contract. What recourse do I have when a
realtor has sent me an e-mail stating that the appraisal
contingency is time specific (21 days) and took his word
and now that we are almost at the end of the process tells
me that he misspoke and it is not time specific and that
the appraisal could take as late as before settlement.
Answer Hi Gloria-
Thanks for your question but I'm not sure what your goal is? I understand that the agent made a mistake in what he told you but is there a problem or are you just upset with him? I know this is a stressful time and you relied on him to "take care of you" but the bottom line is your contract- what does it say? That is what a judge would go by. I am not saying you don't have an issue or that you don't have some recourse but it is also your responsibility to read and understand your contract or to seek counsel if you don't before signing. That being said, you can certainly file a complaint with his local realtor's board and or the licensing agency for your state and include the agent's broker. If they find him incompetent, they can fine him and suspend or revoke his license. Most likely, everything including the appraisal will be fine but I can certainly understand your concern down to the wire. Best of luck and I hope this helps, Toni
