evening rose_IHB
New member
I know it's probably not the first time this ever happens, but it's the first time this ever happened to me.
I've been working with my agent for 8 months now. I am looking to buy a house in Irvine (duh!), and mostly I am interested in a house that is in the community in which I am now renting.
The other day, I walked into an open house in my community, and had a little chat with the agent there. Since I knew he was handling many of the listings in my community, I asked him to notify me in case he hears about something that is about to be listed in the community. He promised to do so.
Today I got a phone message from him, saying there is a new listing about to take place in my community, that it is not on the MLS yet, and his wife (which is also a realtor) is "<strong>handling the listing"</strong> and this is first hand information. He asked me to call his wife and I did.
The wife told me that the house is not in the MLS yet, and they called me first because they give priority to people who currently reside in this community. She said she will show me the house only if I sign an agreement with her as my buyers' agent for this property. Since I knew that was my chance to get dibs into a house that was not in the MLS yet, and assuming she is the listing agent, I agreed. She signed me on an agreement in which I committ to her if buying this property, and agreeing to pay $10,000 extra to her, since it is bank owned and her commission is going to be low. I signed it.
She asked me to let her know my decision within the next day, since they have other interested buyers whom they are going to call in case I wasn't interested in the house.
Two hours later, i see the house listed in the MLS. Of course, the listing agent is not these agents who called me, and basically I deprive my own realtor who has been working with me for such a long time, and agreed to pay 10K more for... for nothing really.
Do you think there is something I can do about it now? I am so angry :-(
Thanks for your input!
I've been working with my agent for 8 months now. I am looking to buy a house in Irvine (duh!), and mostly I am interested in a house that is in the community in which I am now renting.
The other day, I walked into an open house in my community, and had a little chat with the agent there. Since I knew he was handling many of the listings in my community, I asked him to notify me in case he hears about something that is about to be listed in the community. He promised to do so.
Today I got a phone message from him, saying there is a new listing about to take place in my community, that it is not on the MLS yet, and his wife (which is also a realtor) is "<strong>handling the listing"</strong> and this is first hand information. He asked me to call his wife and I did.
The wife told me that the house is not in the MLS yet, and they called me first because they give priority to people who currently reside in this community. She said she will show me the house only if I sign an agreement with her as my buyers' agent for this property. Since I knew that was my chance to get dibs into a house that was not in the MLS yet, and assuming she is the listing agent, I agreed. She signed me on an agreement in which I committ to her if buying this property, and agreeing to pay $10,000 extra to her, since it is bank owned and her commission is going to be low. I signed it.
She asked me to let her know my decision within the next day, since they have other interested buyers whom they are going to call in case I wasn't interested in the house.
Two hours later, i see the house listed in the MLS. Of course, the listing agent is not these agents who called me, and basically I deprive my own realtor who has been working with me for such a long time, and agreed to pay 10K more for... for nothing really.
Do you think there is something I can do about it now? I am so angry :-(
Thanks for your input!