Whiskey Tango Foxtrot?

By
Real Estate Agent with BlueCoast Realty Corporation
http://actvra.in/c7R

Whiskey Tango Foxtrot?

Mr. Buyer, did you really just call the Listing Agent about the home I showed you?  Did you really utter the words, "If we cut her out I should be able to get the home for less"? 

Image of Anime character OUCH!  That smarts.  What are you thinking here?  Have you forgotten the Buyer Agency Agreement we signed?  You know, that document you put your John Hancock on stating that I was working for you and would be your Agent in the purchase of your investment property?  Yeah, that one. 

If you want out of that Agreement, I'll let you out.  But to go behind my back and attempt to cut a deal with the Listing Agent is not only wrong, it's bad business for YOU!  Do you really think the Listing Agent is going to get you a better deal?  Have you forgotten who they work for?  Not you, buddy.  They're working for the Seller and their Fiduciary Responsibility is to them, not you.   

Not to mention how much time, money and expertise I've put into helping you maximize your buying power.   When you've signed a Buyer Agency Agreement and already viewed the property, going directly to the Listing Agent is not in your best interest.  But if you really want to spend more money than you have to, far be it from me to stand in your way. 

Of course, since the Listing Agent operates under the same Code of Ethics I do, that's off the table with this home.  Yep, he called and filled me in.  And to say he was taken aback by your call is putting it mildly.  See, for the most part we REALTORS® stick together.  We treat others fairly, respectfully and ethically.  And we expect the same from the Buyers and Sellers we work with.  It doesn't always work that way, every once in a while we get a Buyer like you, who feels they know better than we do how to get the best deal.  A Seller who chooses to ignore our best advice and go it alone.  Most of them don't really get the deal they were hoping for; they leave money on the table or spend more than they had to.  But that's their choice, and we grin and bear it.

So where do we stand?  If you still wish to purchase the home, we'll write up the offer and I'll represent you in getting the best deal for you.  If you prefer not to make an offer on that home, we'll go ahead and void our Buyer Agency Agreement, I'll wish you luck in your home search and we'll both move on.  Sound fair to you?

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When you're ready to buy or sell a home in Wilmington, Wrightsville Beach, Carolina Beach or Kure Beach NC, give me a call.  Lets work together to achieve your goals!

Tish Lloyd, REALTOR®

Broker

NC Real Estate Lic. 269076

Realty World Cape Fear

1119-A Military Cutoff Road

Wilmington NC 28405

910.547.1446


 
  

 
 
 
 
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Re-Bloggged 2 times:

Re-Blogged By Re-Blogged At
  1. Joni Staples 06/09/2011 10:08 AM
  2. Victor Zuniga 06/13/2011 09:21 PM
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Topic:
Home Buying
Groups:
Active Rain Newbies
Diary of a Realtor
The Lounge at Active Rain
"Whacked"!!!
Tags:
buyer agency agreement
listing agent
buying a home without representation
code of ethics

Comments 74 New Comment

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Show All Comments
Rainmaker
1,734,940
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.
WHISPERING PINES REALTY

Tish, I have a good friend who is an agent had this happen.  The Sellers agent agreed and did the deal.  It went to court and the buyers agent was given the commision from the buyer to full-fill the buyers contract and also get a sum from the listing agent.  Enough said.

June 09, 2011 03:26 PM
Ambassador
804,525
Suzanne McLaughlin
Sabinske & Associates, Realtor
Sabinske & Associates, Inc. (Albertville, St. Michael)

LOVED, LOVED, LOVED the title for this post.  I wish I could use that sometime. 

You are such a smart cookie.  Let him roll.

June 09, 2011 03:35 PM
Rainmaker
633,405
Leesa Finley
RED Properties - Raleigh NC Real Estate
RED Properties

Wow, that takes some real cahones!  I can't believe that some buyers ignore the legal agreement that they signed.  Ggrrr!  Congrats on the feature!

Wake Forest NC House Chick

June 09, 2011 04:34 PM
Ambassador
1,160,192
Tammie White
TW Realty Group, Franklin TN, South of Nashville
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net

I have had this happen. When will they ever learn? It actually costs them money to do this.

June 09, 2011 06:25 PM
Rainmaker
409,412
Michelle Francis
Realtor, Buckhead Atlanta Homes for Sale & Lease
Tim Francis Realty LLC

Tish, 

Well said.  Sometimes folks make very bad choices & decisions.  Trying to go around your back AFTER using your services and signing a Buyer's Agency Agreement, is a horrible choice.  

I love that the other agent called you and happy we still have folks with ethics.  I also love how you handled this.  

All the best, Michelle

June 09, 2011 06:54 PM
Rainer
29,997
Virginia Gingras
West USA Revelation

Do you really want to let a buyer out of the agreement after they go behind your back.....?  On the other hand, would I really want to work with that kind of person....no!

June 09, 2011 08:05 PM
Rainer
15,254
GinaMarie Latham-Howard
Your IE Specialist
Carrington Real Estate

Wowsers!! what a bad egg!....but, I say kudos to you and the listing agent on how you both handled the situation....Also like your use of Whiskey Tango Foxtrot...cute!

June 09, 2011 08:32 PM
Ambassador
1,550,726
Christine Donovan
Broker/Attorney 800-610-7253 DRE01267479 - Costa M
Donovan Blatt Realty

Tish - It's unfortunate that the buyer thought this would be in their best interest.  Hopefully, you'll be able to educate them and bring them around.

June 09, 2011 08:47 PM
Ambassador
1,434,868
Kathy Streib
Home Stager - Palm Beach County,FL -561-914-6224
Room Service Home Staging

Tish- a double big OUCH.  And it's nice to hear when the "system" works... the LA doing the right and ethical thing in calling you.  You've worked hard and deserve your fair share.

June 09, 2011 09:13 PM
Rainmaker
501,705
Christine Smith
Exclusive Buyer Agent & Attorney, Canton, MA
Buyers Brokers Only LLC - www.BuyersBrokersOnly.com

Wow.  I'm not sure what else to say. Good for the listing agent for calling you.

June 09, 2011 09:17 PM
Rainer
229,755
Karen Bernetti
Staging4Smooth Transitions Connecticut Home Staging

That's a horrible thing to have happen to you Tish - but it's nice to hear stories of agents looking out for each other.  I hope that buyer learned his lesson - but then again, that's probably wishful thinking.

June 09, 2011 09:59 PM
Rainmaker
648,017
William James Walton Sr.
Greater Waterbury Real Estate
WEICHERT, REALTORS® - Briotti Group

Tish,

All I can say is, wow. SMH on that one. But definite kudos to that listing agent for exposing that buyer's attempt to screw you.

June 09, 2011 09:59 PM
Ambassador
324,264
Melissa McKinney
Realtor, www.LivingFayetteville.com
McKinney Realty Group
Wow! People really can be just plain bad! Hats off to the other agent who took the time to call you!
June 09, 2011 10:07 PM
Rainmaker
483,248
Frank & Karen Baker
Professional Help with Rapid Responses...
Sunset Beach and Beyond Realty

Tish ~ Well, we just had a client decide to write a contract with another agent who we thought was still looking with us ~ and she was referred to us by a friend of ours ~ It takes all kinds!!

June 09, 2011 11:01 PM
Rainmaker
538,591
Gretchen & Mel Ahrens
ColumbiaGorgeFSBO.com

Wow, what nerve that buyer had. Thank goodness the listing agent was above board, said no and called you. I must admit that I've see a few real estate agents in my time who would not have made the right choice.

Gretchen

June 09, 2011 11:13 PM
Rainmaker
494,751
Lora "Leah" Stern 914-772-4528
Real Estate Salesperson
Coldwell Banker, 170 N Main Street, New City NY 10956

Tish, delighted that the listing agent did the right thing by you.  These buyers just don't get it - thinking that they'll save money by going directly to the listing agent.  They not only don't save anything, but it costs them in the long run.  We don't just "show" houses, we negotiate and walk them thru everything from offer to close.

June 10, 2011 02:20 AM
Rainmaker
267,041
Jeff Pearl
RE/MAX Distinctive / LIC in VA

What a no good Sierra Oscar Bravo. Glad the listing agent was honest. He'll probably never make a decent offer on the house anyway if that's how he operates.

June 10, 2011 02:24 PM
Rainer
257,137
Charles Edwards Bentonville
AR REALTOR, Bentonville Real Estate Agent and Broker
Coldwell Banker Harris McHaney & Faucette 479-253-3796

Tish, This is no place for sissys. We earn our fees and this blog points that out.

June 11, 2011 08:13 AM
Rainer
147,103
Deborah "Dee Dee" Garvin
WJ Bradley Mortgage Corp.
W. J. Bradley Mortgage Corp.

Tish, There are so many posts on this issue and so many advice questions on the same subject on Zillow and Trulia that I really think it is more of an education issue than that all buyers are bad guys.  Not defedinging the inexcuseable; but many, many people just do not understand ageny.  I think I would do a very detailed information with every buyer....I mean, I keep seeing comments from buyers who honestly think going straight to the listhing agent will get them a better deal.  Where are they (consumers) getting this notion?  IMHO it is not coming out of mid air!

June 13, 2011 09:31 PM
Rainmaker
996,054
Karen Anne Stone
Fort Worth Real Estate
New Home Hunters of Fort Worth and Tarrant County

I am very sure that if someone tries to go dancing and attempts the Whiskey Tango Foxtrot... somebody's toes are really going to get stomped on.

Tish, this double-crossing buyer needs to get THEIR toes smushed... hard !

June 13, 2011 09:33 PM
Anonymous
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Rainer
369,954

Tish Lloyd

Broker - Wilmington NC and Surrounding Beaches
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Wilmington NC
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Considering buying or selling a home in New Hanover County NC? I'd love to help you achieve your goals! Give me a call today!
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