a commission if a buyer with whom he/she had a relationship ends up buying the property, even after
the listing agreement expires or is cancelled. This is to protect Realtors from exactly what is happening
in your case. The Realtor most likely spent a good deal of time and money marketing this home, and
the seller used the Realtors skills, time and up-front money, and is now trying to avoid fairly compensating
him or her. I personally would not get involved with a seller who would do something so underhanded as
this. Since you have no representation, what other tricks might the seller have up his or her sleeve? Proceed with caution!
Have you considered talking with the listing agent that showed you the property and wrote the offer for you? is it possible for all parties to be upfront and negotiate a transaction with the Realtor?
It was just a thought.
I would strongly caution you from doing business with someone that would so easily cut out his agent. What will he do to you!
I would also suggest you contact the real estate agent and see what might be negotiated. Perhaps he or she would agree to represent only you in the transaction and could be paid out of the transaction.
You will need to read your agreement with the broker as well, because chances are there is a holdover clause there too.
Basically what the seller is doing is trying to go around the broker and not pay him.
Both of you could get caught in a mess, owing compensation to the broker and rightfully so.
There's a reason we have contracts, it's to keep everyone's memory fresh and protect the parties who have sincerely done their job when others disagree.
A loophole is if the seller signed up with a flat rate MLS co-broke agency. The original listing agent is no longer entitle to the listing commission. So, the original agent would be your buyer's agent and entitle to the co-broke commission. The problem you face by pursuing this isn't just the warning of the seller being unethical but anger and irrationality. So, try to think the best of people but it's not a good situation.