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Recent Listing Agreement questions

I now have an offer on my home, just accepted it two days

I now have an offer on my home, just accepted it two days ago. The buyers are pre qualified but not approved for the loan yet, as the loan company has to verify all their income, etc. My Agent emailed me today and told me the inspection was next Wednesday and that the buyers, the inspector and another agent in her office would be at my house for several hours and that I had to leave. I told her that I only wanted professionals doing the inspections, not the buyers, and that since my house is so small, and I work from my home office, that I would be here, but stay out of their way. I also requested that only the Inspector and Realtor come in then, and that the Inspector could do a report t to share with the buyers and bring them back to show them what he found at a later date. My agent, the listing agent, tried to bully me into leaving my home and letting everyone go through my house and belongings. I feel very uncomfortable about this and told her that. I am not refusing the inspection but don't want buyers who have not been approved for the loan yet going through my personal and business property. She tried to argue with me but I was firm. I am suspicious of the buyers anyway, as this seemed to be a set up deal in the first place. They made the offer before my house even was put in MLS. I do want to sell but not be victimized. What is your advice on all this?

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Roger

Litigation Attorney

Doctoral Degree

33,440 satisfied customers
I listed a property for my seller. The other seller had his

I listed a property for my seller. The other seller had his own listing agent.My and my seller went to a real estate attorney after I took the listing.The attorney advised my seller he can put the home on the market as long as we stipulate that the home is owned 50/50 and we do not have full cooperation of the other seller. So we put it on the market received four very good offers. the other seller accepted an offer and we just closed escrow.Now the other seller filed a complaint that I could not put the home on the market. Will I get fined if I do not have the other sellers signature on my listing agreement. The other sellers attorney told me the home was going into default and it has foreclosure pending. So I put that on MLS and now the other seller is telling me that information was wrong also, that is part of the complaint..Does the other seller have a good case against me even thought my sellers attorney told us to put it on the market?

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37,840 satisfied customers
As executrix of my mom's estate, she had a manufactured

As executrix of my mom's estate, she had a manufactured home. $138,000.00 is still owedon it, with approximately $12,000.00 in equity. I've been in contact with a realtor who, if listing,would ask $219,900.00 according to his view of local market. This same realtor, gave a leadto my brother for a lender. This brother does not have good credit. This lender told himhe may qualify, and gave him steps to do. Since talking with brother, he suggested a leaseto loan option, with him carrying the note, and taking care of escrow.The estate has many creditors wanting $, and the largest source of $ would be from the saleof the house. This same brother and our mom took out loans in her name (she was willing), butfor the benefit of this brother. Brother didn't mention the credit card debt tied with the estateto the lender.Some questions: for the sale of house, whether to brother or someone else, would $ dueto creditors come first, then divide what's left among 4 siblings (3 bio, 1 step)? The house isin Washington State. Is there any way legally to transfer brother's name to credit card debt so the estate with 4 beneficiaries wouldn't all equally be burdened with it? The credit card total is between $30 and $35 thousand. Would I be responsible for any of the debts out of pocket? or are debts paid just based on $ in estate?What would be ‘gentleman's' view of realtor? I haven't signed papers with him yet. Should compensation be offered him if brother buys house since he, realtor, was one who connected him, brother, with lender, then realtor doesn't sell house?

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Ray

Lawyer

Doctoral Degree

35,238 satisfied customers
We signed a rental listing agreement with an agent. We just

Hi, we signed a rental listing agreement with an agent. We just read the contract and did not realize certain things. Is there a period of time that we are allowed to backout. We live in NJ.

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Barrister

Attorney/Landlord/Realtor

Doctoral Degree

46,390 satisfied customers
I need a Real Estate Lawyer that is an expert on MLSLI,

I need a Real Estate Lawyer that is an expert on MLSLI, Multiple Listing Service of Long Island co-op sales contracts.

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Maverick

Doctoral Degree

6,368 satisfied customers
My agent never gave me a listing agreement on any of the

my agent never gave me a listing agreement on any of the homes she sold for me. Is she required to? She did not provide me with any disclosures either, She did check the box agent for the seller on the contract. This is where it gets really bad.She brought me a buyer on a home she sold to me and we had it renovated and under contract in 6 weeks. 4 weeks into the deal she tells me about the FHA seasoning issue and that I had to wait several more weeks and then we would terminate the contract on day 90 of my ownership which was 6 more weeks. I wanted to terminate the contract immediately when she told me I had to wait 6 more weeks. She said I was not allowed to cancel by law and wouldn't talk to the buyers agent about termination so she forced me to wait 7 more weeks and she said they were definetely qualified and we signed another contract on her advice with the same buyer after the first one expired and the buyer couldn't qualify after approximately 110 days which cost me $35K She never explained FHA 90 day seasoning to me and she was negligent to allow the first contract to be signed. On top of all that, another buyer came along while still listed with her and she says i have to pay her a 4.25% commission at closing and there is only 1 agent. The commission is not listed in the contract and I don't have a listing agreement. i did not agree to pay her more than 1% due to what she did. She called me several times per week on the first deal and promised they were qualified and tried very hard to convince me to allow them to rent the home for practically nothing with no security deposit. Although they had an agent she cared more about what the buyer wanted and she is my listing agent. She mislead me during the entire deal and told me I was not allowed to cancel the contract while we waited 7 more weeks. Since I wasted so much time because of her negligence, I had to take an offer $8,000 lower than the first deal and lower than appraised value. What recourse do I have against the agent, the broker and C21. I'm going to tell the closing agent to pay my agent 1 point Is that okay and I would like to and recover all my extra cost for having to wait so long and the $8,000 difference in price. I also want to make a complaint against the agent. PLEASE GET ACK TO ME ASAP.

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Richard

Owner

Doctoral Degree

46,674 satisfied customers
I had a house listed and rent a little over a year ago. Now,

I had a house listed for sale and rent a little over a year ago. Now, in the second year of renting, tenants would like to buy. Is the original listing agent entitled to the original listing commission? Is there an expiration on when he is entitled to the commission from these people he found for renting? Again, the original agent contract expired a year ago.

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Ray

Lawyer

Doctoral Degree

35,238 satisfied customers
Can an heir pay off a reverse mortgage upon death of the

Can an heir pay off a reverse mortgage upon death of the owner? Also, if the heir had power of attorney while the owner was alive and signed the sales contract with the realtor is it still binding? How fast can the reverse mortgage company demand payment? Is there anything else the realtor needs to do ing an attorney?in addition to contact

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Loren

Juris Doctor

36,324 satisfied customers
I live in Texas, Houston area. We signed a contract with a

I live in Texas , Houston area. We signed a contract with a realtor to sell our house to investor three days ago . There were no contingencies. Just that we need to leave the premises in three weeks (closing date). We are having second thoughts that we may have done the wrong thing. Can we back out ? We have no new house picked out. The investor has came over to look twice on what he might do to the house, but nothing more. Help ???

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legalgems

Juris Doctorate

13,542 satisfied customers
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