Do real estate agents lie about offers?

In conclusion, yes, real estate agents can lie about offers. However, it is more likely they are using vague “sales speak” or being upfront about a specific proposal. It is up to you to discover which, retain control over your purchasing and to act in your own best interests.

Can you sue a realtor for misrepresentation?

You can’t sue a real estate broker for a bad opinion — in order to win a misrepresentation lawsuit, the misstatement must involve some material fact about the property or the sale that would affect a reasonable person’s decision regarding the purchase.

Should I accept the first offer on a house?

In many cases, accepting the first offer speeds up the whole process of selling a house online and brings you peace of mind. When looking at first offers, look beyond the price. Consider the buyer, the timing, and the state of the local real estate market. All of these should inform your decision.

What is a bottom line offer?

A bottom line or walk away signifies the worst possible outcome that a negotiator might accept. The bottom line is meant to act as the final barrier where a negotiation will not proceed further.

How can you tell if a Realtor is lying?

8 little white lies real estate agents tell

1. We have another interested party.
2. We’ve had an offer of…
3. We haven’t had as much interest as anticipated.
4. The vendor wants contracts signed up tonight.
5. The vendor hasn’t really given us a good indication of their expectations yet.

What happens if you hire the wrong real estate agent?

If you’ve hired the wrong real estate agent and you’re looking to find a new one, you need to discuss with the agent you’re working with or their broker. Hiring the wrong real estate agent can make buying or selling a home even more stressful than it can be in the first place.

How long does it take to hear back from a real estate agent?

This is a belief that is crazy seeing as real estate agents have families and personal lives, however, you should expect that if you reach out to your real estate agent you should hear back from them within a handful of hours.

When do you stop working with a real estate agent?

Here’s the deal on when you’re legally and ethically bound to your buyer’s agent —or, if you’re unhappy, how to consciously uncouple and move on. Why would a buyer’s agent need to work with you exclusively, anyway?

What to do if real estate agent tells you House is too low?

Another salesperson gambit is to undermine your confidence in your ability to competently do the deal. An agent will tell you the house is priced too low, then promise that he can do better. Hire an appraiser at the beginning of the process and you will price your house right.

If you’ve hired the wrong real estate agent and you’re looking to find a new one, you need to discuss with the agent you’re working with or their broker. Hiring the wrong real estate agent can make buying or selling a home even more stressful than it can be in the first place.

This is a belief that is crazy seeing as real estate agents have families and personal lives, however, you should expect that if you reach out to your real estate agent you should hear back from them within a handful of hours.

What happens when you hire a new realtor?

Every time you hire a new agent that you are unfamiliar with, there is a chance that he or she will prove a disappointment and that you will wish to get a different agent. I have coined the phrase “post and pray Realtor” which best describes this kind of agent.

Here’s the deal on when you’re legally and ethically bound to your buyer’s agent —or, if you’re unhappy, how to consciously uncouple and move on. Why would a buyer’s agent need to work with you exclusively, anyway?