But as Tina pointed out... I'd have to know what the mistake was, and be assured that it was truly the agent's fault. My experience has shown that buyers and seller often blame the agent (we're the first line of attack), when in reality they had an unrealistic expectation of an agent's obligations and duties... and it's often a combination of misunderstanding and lack of communication.
Jose L. Novelo
If the realtor made COSTLY mistakes, go ahead and ask his/her BROKER(boss) to cover those COSTS.....
Don't let snooty people tell you any different!!
If the realtor makes mistakes or otherwise is not professional.... then why should you pay professional rates? You should pay 'Discount Realtor' rates.....
(214) 763-4629 cell/text/nights/weekends(Really!!)
Lending all across the entire Great State of Texas!!
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As for the amount of reduction, I would total the amount lost and then would take that percentage off of his/her commission. Please make sure that the mistake was indeed the agent's fault 100%, not a miscommunication or misinterpretation. None of us are perfect, but we can learn to be more diligent in our work, especially if it costs us part of our commission. This is how we make our living (obviously) and how we support our families, so I think we will learn fast. Hopefully, your agent can rectify his/her mistake before closing.
Thank you for your question,
I agree with Alan May. I saw your post yesterday and agree that if you think your agent made a mistake that resulted in you losing money, you need to contact the Broker and possibly an attorney.
You are, I am sure, under contract with your agent (which actually means you are under a contract with the Broker) and the amount you will pay is in that contract, or should be, and are required to perform under that agreement. This is why you need to consult with the Broker or Attorney.
Often times there are misunderstandings on what an agent is obligated to do. It's best to clear up those misunderstandings as soon as possible so that you can be confident in the selling of your home and the purchase of another with this particular agent. Otherwise, there are usually procedures in place that protect you, the consumer.
That said, agents often repeat aspects of the transaction several times only to see clients "learn" about costs and obligations at closing. People often hear what they want to hear, so having an agent who makes sure communication is the number one priority is key.
If I see a client hasn't grasped what I ahve said about closing costs or think they might not be paying attention, I repeat it several times and give them a followup e-mail. That way there are NO surprises.