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Home Buying in California Hot Springs : Real Estate Advice

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Activity 5
Tue Mar 10, 2015
answered:
Good answers below.

The agent is acting like you signed a buyers agreement, it seems a bit odd that if you signed such an agreement you were not aware of it.

I have mixed feelings about these agreements, I recommend not signing one

Agents are required by law to give you a copy of everything you sign, most of that comes by email so you should have a record.

Unfortunately, agents have largely turned to buyer agreements because so many people do not understand the amount of work that an agents does. The idea is that with the agreement in place the agent can do the large amount of work required and expect to get paid. You have no idea how many people will use one agent to drive them around looking for a house, then have a friend or family member write the offer. This really is theft.

The problem is that now many agents are abusing the buyers contracts, typically doing a small amount of work up front, getting the buyers agreement signed and then hope to get paid for doing no additional work. So I say do not sign one. The trouble is that by not signing one it could really limit the amount of service you will get, on the other hand many agents are getting the signature and then not doing the work.

It is quite a problem actually.

I have a little talk with my buyers and explain I want to work very hard for them, but I need to get paid, I have a family to support. I get them to pledge their loyalty.
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Wed Nov 3, 2010
Vickie Weatherly answered:
Hi Goldie, I have been local homeowner in California Hot Springs for 33 years and local Real Estate Broker - owner of Hot Springs Realty for 22 years. 264 is actually on Green River Trail, which runs off of Cedar Brook Trail. I know the cabin and lot well, what is your question? I would be pleased to assist you in any way I can. I do realize that was a for sale by owner, suprised I have not met you around the community yet. Give me call when you have a few minutes, I look forward to getting acquainted. Vickie Weatherly, Broker - Hot Springs Realty 661 548 6442, Broker/Associate - Melson Realty 559 788 2222. vweatherly1@hotmail.com. Best to you, Vickie ... more
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Mon Nov 1, 2010
Steven Murray answered:
The key thing for you to do at this point is to get prequalified with a lender. Go with someone that meet with you face to face. I have two excellent lenders that have great service. The home with the required sale you will be in long sales process. I have seen a short sale take over a year to complete. The bank is the one that decides the final sales price. I do service that area and would love to help you. ... more
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Sat Oct 25, 2008
Fred Glick answered:
None, None and did I say NONE!!! This is the kind of scum that needs to go back to selling used cars or to his telemarketing job.

Even if you signed a buyer broker agreement, this agent violated the covenant that says that they are acting in your best interest because they did not!

I assume he/she has not contacted you and if they do, they have no leg to stand on so just hang up if they call and shred any paper they send you.

And, if they proceed with harassing you, the CA Department of Real Estate would love to here from you.

Best of luck with your new place!
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