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What do you think - REA tactic?

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Erica
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Member since 5/05

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What do you think - REA tactic?

We took our house off the market in May (after the housing credit), but we were still in contract with our REA until a week ago.

In the beginning of the week our REA calls and asks to show our house. She says they have a client who only wants to look at houses on TWO streets.

I do live in a desirable SD and my house backs up to a large greenbelt (open grassland for the water district)-- but I can't imagine that someone would only want to live on this street and not consider other houses?

DH thinks REA was trying to get us to resign, by having her uncle (or whomever) look at our house.

any thoughts? (we won't be resigning with her regardless since we did once and she didn't have the same excitement as when we first signed)

Posted 9/30/10 5:25 PM
 
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LadyBugN2Buggies
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Re: What do you think - REA tactic?

the simple fact that you think she'd stoop that low is reason enough that you may very well be correct, kwim?

Posted 9/30/10 5:50 PM
 

randella
Love my little man

Member since 8/05

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Randi

Re: What do you think - REA tactic?

I would show the house, but not resign.

I have had calls from realtors when I was in my condo because people wanted to be in our building-- I don't think being so specific in a search is that unheard of.

Posted 9/30/10 6:52 PM
 

Goobster
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Re: What do you think - REA tactic?

Very odd, yes I would think what you are thinking.

Posted 9/30/10 8:18 PM
 

LadyBugN2Buggies
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Re: What do you think - REA tactic?

She's not going to want to lose that listing, either, KWIM?

I wouldn't be surprised if when she came over she had a re-vamped new sales pitch and plan for your home. I'd still get a new agent though.

Posted 9/30/10 8:23 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

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That Led To The Wrong Tendencies

Re: What do you think - REA tactic?

Tell her to show the house, but you aren't re-signing the agreement.

If her intentions are true, she can show the house without having a signed agreement. If one of those buyers make an offer that you accept, you will owe her commission. No biggie really. I have had properties of mine shown in the past by brokers who I had no agreement with.

If she will only agree to show the house *IF* you re-sign the agreement... tell her to take a hike.

Posted 10/1/10 11:17 AM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: What do you think - REA tactic?

I got a message from her yesterday:

The buyers have seen our house before, but they had their own house. They now have a contract and are closing on or around 12/1

She said their agent said they are making a low ball offer on a house that they don't like, but are willing to make a strong offer on our last listing price, b/c they liked ours the best. (I do remember there was a family that really liked our house, but they still had to sell)

They wanted to see it tonight - that makes me think that maybe this is real. DH and I have said that we want the weekend to clean up and finish a few projects.

Then she said that she would have to swing by and have us sign for a new listing. Chat Icon I told her that if we had to resign that we wouldn't show the house. and the phones at my job went out (our entire network - I work in a pretty hilly and heavily treed area). I finally emailed her later, but haven't heard anything.


I was feeling better about it, until she threw in the "oh I have to swing by for you to sign..."

Posted 10/1/10 12:27 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: What do you think - REA tactic?

Posted by Erica

Then she said that she would have to swing by and have us sign for a new listing. Chat Icon I told her that if we had to resign that we wouldn't show the house. and the phones at my job went out (our entire network - I work in a pretty hilly and heavily treed area). I finally emailed her later, but haven't heard anything.


I was feeling better about it, until she threw in the "oh I have to swing by for you to sign..."




ABSOLUTELY NOT.

You tell her that she is more than welcome to show the house. And that "you and her both know" that she can show the house without a signed agreement and that you have no intention on re-signing.

Posted 10/1/10 12:35 PM
 

Beth
The Key to your new home....

Member since 2/06

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Beth

Re: What do you think - REA tactic?

it's a tactic to get you to relist

tell her when she brings you an acceptable offer you will resign and compensate her

but I also have been told checking expired listings for buyers that are looking for something that isn't out there is a great idea

but in this case - I think it's a tactic

Message edited 10/1/2010 1:29:58 PM.

Posted 10/1/10 1:28 PM
 

Goobster
:)

Member since 5/07

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Re: What do you think - REA tactic?

Posted by ave1024

Tell her to show the house, but you aren't re-signing the agreement.

If her intentions are true, she can show the house without having a signed agreement. If one of those buyers make an offer that you accept, you will owe her commission. No biggie really. I have had properties of mine shown in the past by brokers who I had no agreement with.

If she will only agree to show the house *IF* you re-sign the agreement... tell her to take a hike.



well said, she can show it and still get commission. No way to the resign. She will want to show it no matter what if they really exist.

Posted 10/1/10 3:12 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

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Re: What do you think - REA tactic?

DH is hoping that she wouldn't go so far to make up such a story. That would be F*d up!

Posted 10/1/10 5:51 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: What do you think - REA tactic?

well - it looks good...We do have to sign a contract, but it's a one day contract! just to show the house. I would have gone with a one month even, but now it seems like there might really be a bid there,


I just hope strong offer is pretty close to asking price.

Posted 10/2/10 3:57 PM
 

-Lisa-
---------------

Member since 5/05

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Lisa

Re: What do you think - REA tactic?

good luck!

Posted 10/2/10 5:08 PM
 

Goobster
:)

Member since 5/07

27557 total posts

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:)

Re: What do you think - REA tactic?

Posted by Erica

well - it looks good...We do have to sign a contract, but it's a one day contract! just to show the house. I would have gone with a one month even, but now it seems like there might really be a bid there,


I just hope strong offer is pretty close to asking price.



Chat Icon Chat Icon Chat Icon Chat Icon Chat Icon

Posted 10/2/10 5:12 PM
 

Christine
2nd verse same as the 1st

Member since 5/05

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Re: What do you think - REA tactic?

Posted by Erica

well - it looks good...We do have to sign a contract, but it's a one day contract! just to show the house. I would have gone with a one month even, but now it seems like there might really be a bid there,


I just hope strong offer is pretty close to asking price.



I've got my fingers crossed!! Chat Icon

Posted 10/2/10 9:42 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: What do you think - REA tactic?

thanks! DH is not happy about having to move before 12/1 without a house bought. I'm going to an open house today, but the house is 100K over our budgetChat Icon and needs TLC! Chat Icon Inventory isn't that great though. We might be bunking up with my parents until the spring.

Posted 10/3/10 10:37 AM
 
 

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