Hi, I just made an offer to a place in the upper east side at 94th and lexington. So here is the part I got uncomfortable with. The seller broker calls me and tells me she can get the place for cheaper that means bellow my offer (Corcoran). I always assumed that sellers broker represent sellers best interest. So I am a bit shock with that phrase then she tells me she will negotiate for me. Then... [more]
Hi, I just made an offer to a place in the upper east side at 94th and lexington. So here is the part I got uncomfortable with. The seller broker calls me and tells me she can get the place for cheaper that means bellow my offer (Corcoran). I always assumed that sellers broker represent sellers best interest. So I am a bit shock with that phrase then she tells me she will negotiate for me. Then things get even more sketchy as she probably already has a conflict of interest.
Now she emailed me this morning telling me that my offer got accepted. Honestly I am feeling uncomfortable here. I am considering walking away, I think more straight forward ethical behavior would have not caused me to have doubts. Is there any legal obligations here, I sent my offer by email. Haven't got a lawyer to look at their contract either. In short I havent signed anything.
[less]
Response by jess
over 16 years ago
Posts: 142
Member since: Jan 2006
You can withdraw (you don't need to say why). As you haven't signed anything, you are not contractually bound.
Ignored comment.
Unhide
Response by santaoct
over 16 years ago
Posts: 74
Member since: Feb 2009
thx jess, appreciate the info. still if th broker was straight i would have been happier and went into contract shadiness is costing her this sale.
Ignored comment.
Unhide
Response by drdrd
over 16 years ago
Posts: 1905
Member since: Apr 2007
You should have a lawyer before you sign any purchase document for this or any other property in NYC & you could then discuss this situation with your attorney & decide how to proceed.
Ignored comment.
Unhide
Response by 30yrs_RE_20_in_REO
over 16 years ago
Posts: 9877
Member since: Mar 2009
santaoct: did you have your own broker and was she trying to get you to go directly thru her and cut your broker out?
Ignored comment.
Unhide
Response by santaoct
over 16 years ago
Posts: 74
Member since: Feb 2009
thinking about doing just that drdrd. I will get to my lawyer tomorrow. And Discuss
'/%3e%3c/g%3e%3c/svg%3e)
You can withdraw (you don't need to say why). As you haven't signed anything, you are not contractually bound.
thx jess, appreciate the info. still if th broker was straight i would have been happier and went into contract shadiness is costing her this sale.
You should have a lawyer before you sign any purchase document for this or any other property in NYC & you could then discuss this situation with your attorney & decide how to proceed.
santaoct: did you have your own broker and was she trying to get you to go directly thru her and cut your broker out?
thinking about doing just that drdrd. I will get to my lawyer tomorrow. And Discuss