If this is true, one would certainly have to question this tactic......or perhaps a mistake?
Our recommendation is to varify the source of your information and document this before taking the next step. Since the broker may be involved it would be logical to take your documented concerns to the local board of realtors and ask about filing a complaint about agent ethical procedures.
Again, before doing anything, be sure your information is accurate and you can prove it.
First question you have to ask EVERY agent in FL since they are not required to discuss is will they work for you as a signed buyer agent. FL has presumed transactional brokerage that is BAD for out of state buyers in that you dont get advocacy even from a friendly clever agent. Their job is to fascilitate the transaction. So find an agent that will sign a buyer brokerage agreement and work with them exclusively. Wife and i went down to FL, I offered to sign a buyer agency form and agent not necessary. I thought she was being trustworthy, actually she was being evasive in that she was not allowed by her brokerage to sign buyer agency - it's a liability dodge. Also, crazy to me that there is no state requirement to discuss and provide written signed disclosure about what transactional brokerage is and how it is ZERO agency, basically no advise on counter offer strategy. As an out of state buyer one would expect advocacy and guidance that rises to the level of full representation like it is in NY or IL.
If you like my answer, best answer me and thumbs up, thanks!
Certified Distressed Property Expert
Bankers Realty Services, Inc.
211 SW 2 Street #F
Fort Lauderdale, FL 33301
(954)302-8677 Direct & eFax (305)785-8588 Mobile
If you wish, you could file a complaint with the Divison of Real Estate in the State in which the event occurred.
In the meantime, there are alot of really fine, ethical practitioners that will professionally guide you through the process. If you'd like a referral to one, or if I can personally help you, please let me know.
Steven David CRB CRS GRI MBA
Florida Professional Real Estate, Inc.
Castelli Real Estate Services, LLC.
There is a problem. You need to talk with the broker of the listing company. The MLS report could be wrong. MLS has rules and regulations that the MLS must be totally correct, an incorrect MLS report is subject to a financial fine if it is not corrected quickly. Why? Because, you the public must have correct information. The companies using our MLS date for sales trends must have correct data too.
They could be lying. I do not see why this would happen, however, you can ask the question. Realtors work under a code of ethics. We can not and do not lie about our listings, price or misleading information of any kind is included there.
So, talk to the broker, I am sure this will be resolved quickly.
Debbie Albert, PA
Keller Williams Treasure Coast
It depends whether or not this is a distressed ("short") sale. Often times in these situations the broker and Seller agree to advertise a price that they believe will draw attention and submit offers for third party (bank) approval. They may be trying to tell you that the price to get the deal done with this bank is +/-$100K higher. This is just one possibility, but if you have any additional questions on this or any other property in Ft. Lauderdale please feel free to contact me.
Coral Shores Realty
(954) 914-8085 cell
My first guess would be an honest mistake.
But if you are uncomfortable with the situation or the information you are receiving, contact another real estate agent.