Buying or Selling a Home/realtor ethic code

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Expert: - 2/8/2011


Question
My Realtor lowered my asking price by 100 thousand dollars without my knowledge. As per the ethic code 12-4 she is not aloud to do this. I don't think I can now go back and ask for my original price. Is there anything I can do??
Thank you for your time.

Answer
Hi Linda,

You are not unnecessarily out of luck... my suggestion is to go and see her broker manager... you are correct she can not do this without permission if you signed a contract at $100,000 higher and have no modification of terms or e-mail to the effect that you are agreeing to what she did.. she is in breach of her contract with you... you have the right to cancel the listing...  let the home rest a couple weeks and find a way to do a grand re-open... perhaps also re-stage the property so online it looks different... a good realtor can assist you with this re-marketing of the property...

You should do so (cancel the listing), and find an realtor who you can work with, you trust and you feel is doing right by you...and a good track record with sellers, not a buyers agent... there is a difference...they don't have to sell 100's per year 12-20 is a good number.. if you need a referral I have associates across the US so don't hesitate to let me know....

Good luck.... but no matter go and see her broker... the brokerage should know about this...  be strong...

Buying or Selling a Home

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Connie Wildasinn-Broker,GRI,RealtorŪ

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Broker,GRI,RealtorŪ, Investor since 1979. Buying or Selling Residential and Income/Investment Properties, How to understand the process, how to negotiate through the transaction, What to Look for - But more importantly 'What to lookout for!', How to tell if the time is right - or hold on and wait. Why not to listen to your friends and even your family members, Who really has your best interest at heart?. Understand why any market is a good market and how to spot a good investment for you! If you are looking in California.. check out my website www.MetroCalBrokers.com and if you need assistance in a neighborhood I don't service, I will locate a local agent to that area who actually knows their profession and can assist you in your needs!

Experience

4th generation Realtor in the real estate business, I have helped for over 2 decades clients buy and sell, I am the owner of a local brokerage in the Los Angeles /Long Beach area, and have been a top producing agent in the area since I became licensed. Working through a deal is different to every client, no two people or deals are exactly the same. Knowing how to bring professional advise to the table with clear and concise understanding of real estate world. I can help you handle your buying, selling and investing, managing a 1031 Exchange, working with Equity Sales, Probate, Pre-Foreclosure Regular and Short Sales there is little that I have not seen come across my desk over the decades!

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NAR, CAR, WCR, ABR, e-Pro, GRI, BKBIA, CHNA,SSG

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Broker-owner, RealtorŪ, GRI,e-Pro, SSG-Short Sale Certified

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Managing Broker for MetroCal Brokers. We merged my old brokerage with MetroCal this year, and we look forward to expansion and growth moving forward. We currently employ 30 Realtors and growing. 15 years running top selling agent in Long Beach, South Bay area California. Top Producer 5 years straight Re/Max, C21, Realtyworld.

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