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Pennsylvania-Philadelphia

Venting

I need to vent to someone, and since none of you know this person/situation - you're getting my vent!


Back story:  
A friend of Bens called me up to ask me to list their house.   I went over, gave them my honest opinion on the house, and price, and came up with a better strategy for them - rent out the current house and buy a new one while prices are low.   They were going to take a huge loss on their house, and this was the best scenario.   I worked with them to create a lease, rental applications, etc.  while they looked at other houses.  Didn't hear from them the past couple of weeks even though I had emailed/called a few times to see how they were doing with things and when they wanted to meet up next ... just saw on FB literally ten minutes ago a photo of a house and the status update "We found a house!   We settle next month!"  .. looked up the house in Trend (mls) and see they're BUYING IT FROM THE LISTING AGENT.   

I'm beyond annoyed.  
It's just frustrating to me that people don't get the fact that as an agent, we don't get paid anything, not a single cent, until we sell you a house.  I don't get a consulting fee for the hours I spent with them coming up with strategies for them to sell/buy/rent their house.

I get that they think they got a better deal by buying directly from the listing agent - where in reality, that listing agent is actually just collecting all 6% from the seller now, instead of splitting it with a bueyrs agent.  AND the listing agent still only represents the seller, not these buyers.. so they are not being protected what so ever, but they probably do not realize this.   I guess they wandered into an open house, liked the house, and were convinced by the listing agent that buying through her was going to save them money.   Ugh.

I'm also mostly annoyed that they didn't even have the deceny to tell me, and I had to find out about it on FB.  It's just rude.  People have no loyalty/respect anymore what so ever.  

Re: Venting

  • edited December 2011
    I'm sorry you got screwed on this.  Vent away......
  • edited December 2011
    As a fairly recent homebuyer (not that I'm an expert), I totally get your frustration here.  I'm so sorry they did this to you, ooods. :(  If it helps, I kick myself all the time for not just using you as our agent....you know the story.  You are fab.  Don't forget that.
  • edited December 2011
    Thanks LRM, that actually means a lot to me coming from you.  Honestly - That's not sarcasm, I do really appreciate that.  

    To continue my vent - I simmered down over the past hour after my FB discovery and I just wrote this guy an email, and instead of letting him have it.. I outlined things he should be doing, making sure are in his contract, things the listing agent may try to sneak by, and told him to make sure he had a good home inspector/mortgage broker and clauses for both.   Because honestly even though he screwed me, I don't want to really see HIM get screwed, either (although if you asked me an hour ago, I wanted his house to fall apart from termite damage and wanted to write him up a bill for services rendered for my 'consulting' fee and use of my rental agreements!  but that was an hour ago..) ..  Ben says I'm stupid for even writing to him, and especially for writing a nice email to him, but I don't ever want to burn bridges.  Just because he isn't buying this house from me, doesn't mean he won't realize he made a mistake and in the long run recommend me to his friends/family, or use me on a future purchase/sale.  Ironically - a few weeks before this, he actually DID refer me to a coworker of his.  Which just goes to show me even more that his decision to buy from the listing agent was soley based on thinking he could get a better deal/selfishness.

    Vent done.  But I will be curious to see how dude replies in the morning, if he even has the balls to reply at all..  


  • Amerbutt81Amerbutt81 member
    2500 Comments Fifth Anniversary
    edited December 2011

    What a DIIICK move.  Obviously he doesn't realize that from purchasing from you, not only does he get the priviledge of working with a rock star, but he gets his picture taken with a personalized sign.  Duh.  ;)

    You're a waaaaay bigger person then I to help him out.  I don't know if I would have burned a bridge, but I would have let him now how dissapointed I was for doing all that work for FREE. 

    I think the next time Ben talks to him, he should casually slip in that you just did all the work for free and they at least owe you a swanky dinner.

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  • edited December 2011
    ugh.  I'm so sorry.  That's horrible.  I don't think people really understand all the risks in buying without an agent.  You have every right to be pissed.  You are being the bigger the person, by making sure he's protected, but I agree with Amy that Ben should say something.

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  • ButtonsPepperButtonsPepper member
    2500 Comments Combo Breaker
    edited December 2011
    :-( I'm so sorry to hear this. I'd be pissed too. At first we were just going to buy from a listing agent, but soon found out how that is NOT a good idea. We got roped into using an agent because DH's boss's father was a realtor, and worked in the same office sometimes, so DH felt like he had to use him, but next time we DON'T plan on using him, as he was awful. If in 20+ years you are still going strong oods, you have my business!
  • edited December 2011
    sorry oods, this really stinks.  what stinks most is that you found out through FB.  =(

    let us know what the response is.
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  • edited December 2011
    That really sucks, oods.  :(    It shows a lot about your character that you still want to help them out after they screwed you over like that.
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  • edited December 2011
    It's really true - I went into buying my home knowing you and appreciating your advice, but thinking it unwise to mix friendship with business, as I have seen lenty of people I know get burned by it in various situations, to the deteriment of both the business transaction and, even worse, the friendship.  I have since learned, however, that you are a rock star of real estate...who probably wouldn't have stolen a few thousand dollars of our hard-earned money that you didn't really need...so it goes. 

    You are an upstanding individual with a great business ethic and good character.  Don't forget that, even if right now it seems like no good deed goes unpunished.
  • Northstar1808Northstar1808 member
    Fifth Anniversary 1000 Comments
    edited December 2011
    i'm sorry that happened to you ooods....you are def. a bigger person that I would be. I wouldn't have helped him at all but then again I'm spiteful like that lol. But since you are helping him out I hope karma will return the favor and he will refer you to someone and then you can sell a house to them.

    oh and amer's right they totally owe you a swanky dinner at least!
  • edited December 2011
    Update:   Dude replied to my email and basically said "Yeah we got this awesome deal from the listing agent since she knew the sellers blah blah blah, we also had a family friend who is an agent see our post on FB too and email us the same info you just gave us, so I think we're good!  (aka - not only did I screw you, but I also screwed another agent too who also found out via FB.. do these people have no concept of the fact that both myself and this other agent are not getting paid to give him advice?   he can't be that dense....)  Anyhow he is all happy of his purchase, and then went on to thank me for the lease I drew up for him and tell me that he has new tenants moving into his old house next week and how happy they are.  Again, trying to hold back what I really want to say, which is.. "Oh, that lease worked out well for you?  Awesome - You owe me $500 for that, thanks!"  ;)

    So - dude is either seriously dense, and just doesn't get it .. or he just doesn't care about anyone but himself. 

    Ben doesn't see this guy often, they used to work together and now they're basically just FB friends - they don't hang out.  But trust me, my husband is the type that once you screw us over, he won't soon forget it.. so if he ever ends up hanging out with old friends and this guy is there, he will surely bring it up.  

    Anyhow- thank you guys for the words of encouragement.  I was pretty bummed about this last night.  I get it's just business, but it's hard not to let my feelings get hurt by it.  I'm totally over it now though - it's a new day, no point in dwelling on one douchebags actions.
  • edited December 2011
    he actually does sound that dense... people amaze me.
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