Avoiding a realitor?

island_dude · 01-20-2008, 05:56 AM

I am considering putting my house on the market and moving. Part of a much longer story is a long standing disagreement I have with a neighbor who is a big realitor in the area. The disagreement is serious enough that I want to make sure that this guy is not able to benefit at all from the sale of my house.

Obviously, I won't list the house with his company. I don't want this guy in my house (nor any of his employees) and I don't want him getting any part of a commission that comes out of my pocket.

Has anyone had this experience or any thoughts on what I can do?

Danny_Ocean · 01-20-2008, 06:12 AM

If he is a big "realtor" with local presence, it may not be a wise decision to eliminate him from the pool. Personal feelings aside, money heals all wounds.

island_dude · 01-20-2008, 06:19 AM

This one is really pretty bad. It involves them messing with my kid. I am very serious about avoiding him.

cashflyer · 01-20-2008, 06:23 AM

Your realtor is your agent. In most states, you even sign an agency agreement with that person. You have a right to direct and/or limit the actions of your agent. That being said, you can instruct your agent with exactly what you have said here. And you can go one step further and instruct that all showings must be approved by you. Finally, you as the seller have the ultimate authority for approval or disapproval of all offers brought to the table. You can refuse all offers made by your adversary and his associates.

However, your agent may not want to dick around with these restrictions. It is within their right to resign and tell you to find another agent.

Danny_Ocean · 06:26 AM

Not really sure there is anything you can do short of a restraining order. I imagine you can include verbage in the listing agreement indicating commissions to "XYZ Realty" will not be honored, but that is going to send up a huge red flag to other realtors (read: difficult seller). Your only other option as I see it = FSBO. I'd find a more creative way to screw the neighbor over, i.e. - sell the home to a family with 12 kids who are into loud cars and motocross bikes.

Rick Lee · Rick Lee's Garage

I'm curious who this realtor is. If he's really a big fish, he could hurt your sale worse than realtors do to FSBO's.

island_dude · 01-20-2008, 06:28 AM

I like the restraining order idea.
FSBO is something I have thought about, but its not a great option for us. I really really don't want this guy in my house. There is a point where you simply have to be a difficult seller. I suppose that I could just quietly refuse any offer from this guy or his associates.

island_dude · 01-20-2008, 06:31 AM

Rick, I would prefer not to name names. He has a C21 franchise here. He is far from the only game in town. There are easily 10 or more other (larger) firms so I may have overstated my case. I am guessing that he plus his partners + associates are about 10-15 folks.

red-beard · red-beard's Garage

Living well is the best revenge. Do what it takes to get out and get on with life.

Danny_Ocean · 01-20-2008, 06:33 AM

Quote:

Originally Posted by island_dude

I suppose that I could just quietly refuse any offer from this guy or his associates.

What's that old saying? "Cutting off your nose to spite your face"...?

In these times, ANY offer is a good offer.

Take the $$$ and sell the home to a large family of recent Somalian refugees.

Good luck to you.

fireant911 · 01-20-2008, 07:31 AM

Quote:

Originally Posted by Rick Lee

... If he's really a big fish, he could hurt your sale worse than realtors do to FSBO's.

Just for my education, how can realtor hurt an FSBO?

Danny_Ocean · 01-20-2008, 07:53 AM

Quote:

Originally Posted by fireant911

Just for my education, how can realtor hurt an FSBO?

Not sure, other than refusing to show them.

Rick Lee · Rick Lee's Garage

Quote:

Originally Posted by fireant911

Just for my education, how can realtor hurt an FSBO?

Realtors hate nothing in the world more than FSBO's. Some FSBO's say in their listing that they'll pay 3% to a buyer's agent, so then some realtors will show the property. But a real FSBO, one that refuses to pay any commission, will be avoided like the plague by all realtors. Why would they show a house they make nothing on? In those cases, technically, the buyer is supposed to pay the realtor's commission. But how many buyers have ever done that? Realtors also hate FSBO's because they mooch off the realtor's advertising in the same neighborhood. When the market was really hot here and a realtor held an open house, the FSBO's also held open houses on the same day to capture some of the foot traffic that was already in the neighborhood.

nota · 01-20-2008, 07:57 AM

realtors [ used house salesmen ] willnot deal with FSBO's
they block you from listing the property on the computer lists
or hide and never show them if FSBO listing are required by laws
bad mouth the property to buyer who ask
do any and everything to steer buyers to ONLY listed propertys

I have bought and sold home with out agents
and have come to hate agents
they think only they have the right to sell houses

nota · 01-20-2008, 08:02 AM

BTW realtors who claimed to have buyers interested
were offered the 3% buyers agents fee
NOT A ONE EVER BROUGHT BY A BUYER TO LOOK AT THE HOME
all said they wanted a full 6% even if they had a buyer ready
and thus no costs or expence to make the sale

the · 01-20-2008, 08:13 AM

Hire his biggest competitor?

nostatic · nostatic's Garage

sneak up behind him and cut his achilles tendon. He'll push everything off to the right....give up the game.

Porsche-O-Phile · Porsche-O-Phile's Garage

FSBO. Don't give him a dime.

Realtors in general are about the most overpaid individuals I can think of in terms of the value of their service. There's virtually nothing they can do that a motivated FSBO seller can't.

RANDY P · RANDY P's Garage

Quote:

Originally Posted by cashflyer

Your realtor is your agent. In most states, you even sign an agency agreement with that person. You have a right to direct and/or limit the actions of your agent. That being said, you can instruct your agent with exactly what you have said here. And you can go one step further and instruct that all showings must be approved by you. Finally, you as the seller have the ultimate authority for approval or disapproval of all offers brought to the table. You can refuse all offers made by your adversary and his associates.

However, your agent may not want to dick around with these restrictions. It is within their right to resign and tell you to find another agent.

This is good advice. List it and level with your agent on what has to be done. Tell him to keep the other guy out of the house.

It's you who approves the final sale.

rjp

Tobra · Tobra's Garage

Quote:

Originally Posted by Danny_Ocean

If he is a big "realtor" with local presence, it may not be a wise decision to eliminate him from the pool. Personal feelings aside, money heals all wounds.

he will have already black balled you if he is that big a deal

FSBO is automatically black balled by all realtors