I just want to offer a sincere Thank You to each of you who took the time to offer you input. I have decided not to report it as the truth remains that I do not have concrete information. I will however take Thom Colby's advice and pass the information along to someone can research and perhaps bring this agent to justice if he is indeed guilty of committing this fraud. I am so thankful for this forum to ask questions. If anyone hasn't caught on yet,while I have had my license since 2007, I only recently started my career in Real Estate this past year. I was working full time for the County and was laid off while I was pregnant with my twin babies. I am so thankful for this wonderful career that is flexible and allows me to use my education and energy to help others. It is very refreshing to gain insight from all of the agents on this site and I sincerely appreciate it. Please do not hesitate to contact me if there is any way I can be of help as well. I am bi-lingual (Spanish), and would be glad to translate (free of charge) for any of the agents who have answered questions I have posted. Thank you again!
I think it's a little harsh for the listing agent to just say "none of your beeswax", but maybe they don't want to go into detail about why the seller needs it to be on hold. Maybe they're going through BK & it's an emotional time for them, maybe their kids are living there & they're in the process of moving out, maybe it's an unruly tenant, who knows.
You could probably report it, but there are plenty of reasons why a home might be on hold & the listing agent doesn't really need or want to explain why. Really I don't see how you could "report violation anonymously" either, it's on hold, it's on hold. There's no violation for having a listing on hold.
That aside, the listing agent asking for $15k under the table to ensure a buyer get a property.....You better have proof or a recording. And if the buyer doesn't want to be a part of it, it sounds like reporting it isn't going to do any good, in court it would be 'hearsay' evidence.
In my experience a property "on Hold" is a property already under contract & if the listing agent doesn't want to discuss anything with you, they've got their buyer & if that buyer backs out, they probably already have another one lined up.
Maybe you can be this buyer's hero & find them another property that will work for them & one that they're happy with.
Emily S. Knell
Realtor Since 1996
Realty ONE Group
Short Sale Specialist - 100% success rate
I urge you to reconsider about taking action on this, however. I still don't think you have any "information." For all you know, this "lead" could be his crazy seller, and that would explain his emotional charge when discussing this listing.
You are a truly good person, but turn it around - how would you feel if you were "reported" because a stranger contacted an agent on Trulia and said bad things about you?
All the best,
Sheryl Arndt, Real Estate Broker â€“ Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
If you're confident that the event happened in the way the lead described it, then the first place you should go is to your broker and get some advice. If I were the broker, then I would put in a call to the listing agent's broker just to make him or her aware that this complaint had taken place in case there are other things happening with the listing agent that might be of concern.
You could also recommend to the lead that he or she could complain to the agent's broker, but without corroboration there isn't a whole lot more than you can do. And if you don't have the complete facts in front of you it wouldn't be fair to the agent to simply lodge a complaint when in fact it might not be true. But usually when someone is that blatant they eventually get caught and the penalties aren't light when they do. I hope this helps, good luck.
It's a shame because there are a lot of agents/brokers out there who honor client relationships and look out for their clients, but it's a slimy pool we swim in...
I applaud you for wanting to do the right thing and bring bad agents to justice, but you have a pretty much anonymous caller telling you something that you can't verify about an obviously rude agent and you want to fight this battle?
If you ask me, I believe that the agent said that the home was "on hold," whatever that means, and I believe that they told you it was none of your business. However, that's not the same thing as proof that they had asked the buyer to front $15,000 in cash in order to get the home.
As the buyer doesn't want to pursue this, I would advise you not to, either.
All the best,