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About Dick Dennis
Expertise
With more than 37 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter.
Experience
Problem solving since 1980
Organizations
National Association of Realtors
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Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
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You are here: Experts > Shopping > Home Buying/Selling > Buying or Selling a Home > Agreement w/Real Estate Agent
Expert: Dick Dennis - 11/5/2009
Question
We signed a 6 month listing w/a real estate agent. That agreement expired over a year ago. The agent has continued to represent us %26 show our home. We now have an offer from a buyer the real estate agent spent little time with. The first showing, the agent let the prospective buyer in %26 asked them to hurry because she (the agent) had to go. The second time she showed the house, she let the prospective buyer in %26 then left. My sister spent 1.5 hours in the house w/the prospective buyer.
We now have an offer from the prospective buyer. The agent has been out of state having surgery %26 has not been involved in negotiations. We do not want to exclude the real estate agent from a commission but we feel she does not deserve 6%. Are we within our rights to offer a lower commission?
Answer
You left some holes in your story, Bob. Number one, on your listing with the original agent there is a clause that says upon the expiration of the listing, any prospective buyer that was shown the property -- AND THE AGENT NOTIFIED YOU IN WRITING OF THAT PROSPECTIVE BUYER -- then that agent is entitled to the commission -- providing the agent notified you in writing within the period AFTER the expiration of the listing as stipulated.
Number two, what does your sister have to do with this?
Number three, four times you typed "%26." I have no idea what is meant by that. If you will answer these questions I might be able to help you further. I do wish you well.
Dick Dennis
dixiedee13@aol.com
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