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Buying or Selling a Home/problems with selling agent
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Question
a few weeks ago we asked a question about having problems with the selling agent not submitting our offer to the bank since it was an REO.well after a few weeks our agent contacted the asset manager at Indy Mac.the manager didnt have our offer or any other offer for that property.the asset manager asked our agent to directly send him the offer.keep in mind the selling agent was ignoring calls and e mails.it also turns out the listing agent on the mls is not the REO agent.well our offer got accepted a few weeks ago but now the agent is not turning on utilities so that we may have the inspection done.the agent is ignoring calls and emails again.escrow is open and has been extended due to this problem.is there any action we can take against this realtor?we still have to ask for some minor repairs and are concerned it will take even longer and miss the deadline for the tax credit this year.is there anything we can do so that things get going?we will have loan approval on monday, so the loan part really isnt an issue.thanks for your help.
LUPE--
Problems with a Real Estate Agent should be taken up with the Agent's Broker and/or Sales Manager,as well as with the local Association of Realtors/Multiple Listing Service.
If they cannot get things taken c are of, contact your State's Department of Licencing/Real Estate Division and register a complaint.
THIS INQUIRY HAS BEEN SITTING IN THE QUESTION POOL SINCE 10/16/09.IT WAS NOT SENT TO ME. IFOUND IT TODAY & AM EMBARRASED FOR ALLEXPERTS.COM.OUR "CLIENTS" DESERVE AN ANSWER WITHIN 3 DAYS. THE
"QUESTION POOL" ALLOWS "EXPERTS" THE OPPORTUNITY TO "THROW AWAY" QUESTIONS THEY DON'T WANT BY SENDING THEM INTO "LIMBO!" Sorry it took this long for you to get an answer to your question; whoever you sent it to needs a "kick in the @&%$!"
--JIM
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Answers by Expert:
- Dick Dennis
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- Hans Weber, Licensed Broker Associate
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- Jim Root
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Jim Root
Expertise
How to select the right Real Estate Salesperson & Loan Officer--ones who will serve your best interests! House-hunting tips & suggestions on selection of the home best for your family needs. Introduction to the Home Buying Process & all the "Players" involved.What is of utmost important to the Homebuyer? Real Estate Contracts & Negotiations, Appraisal needs, Title Co. involvement, Home Inspection issues& the Closing/Escrow systems, etc. Whatever your question, the answer will follow, whether from personal knowledge or research! Gale, shown here with me, has been a Real Estate Office Administrator, licensed Realtor & has served as my Research Assistant over the years!
Experience
Over 30 years as a "Real Estate Professional." including Real Estate Marketing & Sales, Appraisal work, Mortgage Banking & as a Realty Officer with U.S Dept. of HUD's FHA Homeownership Division in Alaska, Washington & Idaho! Some experience in Montana, California, Utah & Nevada markets!Knowledge of National Markets by continuous Research!
Organizations
Former member of Nat'l Ass'n of Realtors (NAR) & Mortgage Bankers Ass'n of America (MBAA). Currently with National Association of Review Appraisers & Mortgage Underwriters (NARA/MU).
Publications
Published in various local, state, regional & national Real Estate-related magazines & newsletters!Co-author of various Govt. publications on Homeownership, Appraisals & Mortgages while with HUD/FHA.
Education/Credentials
Associate Degree in Real Estate Studies plus:
Numerous Real Estate-related Courses conducted by the U. S. Government & Private Industry over the past 30 years.
Bachelors Degree in Mass Communications,
Masters Degree in Education/Teaching
Awards and Honors
Professional Designations: Certified Residential Originator (CRO) from MBAA, Registered Mortgage Underwiter (RMU) & Certified Review Appraiser (CRA) from NARA/MU. Outstanding Peformance Awards for 10 of the 12 years with HUD/FHA & numerous Sales/Listing Awards while a licensed Real Estate Agent.
Past/Present Clients
No longer selling/listing Real Estate, nor Appraising properties, nor working in the Mortgage business, this "Real Estate Pro" serves as Director of a Company that provides Professional Development Seminars & Workshops to the "Real Estate Industry" and provides free (as needed) & fee-paid (on a sliding scale) consulting & inspection services to members of the general public.Your questions will be answered without "salesmanship" & with your best interests in mind!
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