I had a slightly similiar situation when i put a offer on a ip that just came on the market. Knowing that it would be snapped up very very fast as i had done a lot of research in this peticuliar area, the owner was refusing to pay the agent his commission because it sold to fast and didnt think he had done enough work to earn the commission lol, took a lot of talking to eventually take the offer (which was full asking price aobut an hour after it was put up for sale)
As a member of the evil empire (ie a RE salesperson) all i can say is this twit is an example of the ones that give us all a bad name – all you can do is never use their agency, and tell everyone u know what he did!
Would like to know that as well Redwing as we know Steve looks for a win win situation so id say the agent walked away happy (but how ?)[^]is the six million dollar question []
Steve, obviously it was a while ago… yet for some reason you’ve hung onto this fragment in time.
I agree with SIS, work out why you haven’t let go…
Self Doubt isn’t healthy…
Have No regrets… you were doing business, he should have acted like a professional and realised his mistake, filed it away for another opportunity to come along to try and reenact your success.
He’s probably still kicking himself and hasn’t moved on… Character is Character…
Next..
Soosh []
When a problem is created the solution is created simultaneously
I would say to him , if her wants to make money with me in Real Estate renovating im all ears to a Joint Venture. knowing he is greedy im sure we wouldnt come to an agreement once he knew risk was involved and move on , but who knows , it may just wake him up to what he has done also. What he done was wrong , but we all make mistakes, and have been caught up in the greed cycle in some way in our lifes im sure.
I do not know where the laws stand these days.
However, I would have reported this to the Institute and the Principal of the Agency would need to account for some unethical behaviour of it representative.
As an agent some years back we were to declare any financial interest in the sale/purchase of a property.
Surely this would include any post sale humbugging !!
The agent in this case was the one without integrity and should be made accountable.
Regards
“Do not follow where the path may lead. Go instead where there is no path and leave a trail” Ralph Waldo Emerson
Unbelievable!! I think that’s called ‘trying it on’.
One way of reflecting it back so that the agent figures out the wrongness or rightness for themselves would be to tell the agent to put the whole thing in writing, ‘so that you could run it by your solicitor, before you could consider such a proposal’.
My guess is that he/she would back down pretty fast.
Steve,
I would have given him the $5000 for sheer bare faced cheek. After all, we all know how hard real estate agents work for their (many thousands of) pittance(s).
He would have then been so grateful that he would have sold me many more bargains since.
Is this a serious question??
Why? It seems obvious what the answer would be?[?][?]
This is all about PEOPLE. This guy’s focus is to make money, and that is his downfall. But, can also be leveraged to create more favourable situations.
As someone said a few replies back, offer him the $5000 as a reward for finding you more deals.
Most agent will work for you as long as they are given a formula to get their ‘cheese’.
Better get people on your side than against you…easier to win (-win) that way!
I would have initially been “miffed” about the reaction but then tried to exercise mental compassion towards someone (the agent) who clearly missed the opportunity to sell the property at a higher price and was then willing to at least make an improper suggeestion (if not actualy break the law regarding “secret commission” – depending what State he’s in). To become emroiled in it any further would only bring bad vibes. This situation reminds me of the old saying about when one is pointing a finger at someone, they have four fingers pointing back at themselves.
If it were within my means, I would give it to him willingly without expecting anything in return. How often do people ask you for money straight out like that and without any deception?
If I didn’t feel that I could afford it, I’d tell him about the cost and effort and time involved in renovating and show him how he could do it himself. I’d also explain (when he’d calmed down) that he was paid a commission and ask how it is that he feels entitled to another $5000? A little compassion and understanding wouldn’t go astray.
There are two principles of prosperity that seem to be pertinent to this case.
The principle of “celebration” and the principle of “flow”.
In order to increase our prosperity we must be able to celebrate other people’s prosperity. We must be able to be happy for someone else’s good fortune. This agent clearly did not know this.
Wealth must be passed on, allowed to flow. If we hoard it, it stagnates and does not grow. People who squeeze a deal until the last drop as if it is the last they will ever make in their life are actually doing themselves a big disfavour.
Clinging to a deal in such desperation is unprosperous because it teaches our subconscious mind:” I will be never able to recover this money” such thought will introduce a limiting belief, a handicap that will subconsciously undermine the persons ability for further deals, in more simple terms it is the attitude of a loser.
As for what I would have done, (after recovered from the surprise) I would probably try to say in a paternal voice that his reaction came from envy, and that such sentiment is a grave burden to carry around. Also begging, is such a blow to one’s self esteem that should be avoided at all cost. Learn to be happy for others good deals and many better deals will come your way