question about broker behavior

Illegal? No. Stop being a little bitch and go get a broker. Us grownups like to deal with each other, saavy?

Probably not illegal. Sounds more like an unusually heavy-handed (and perhaps self-serving) application of NYS dual-agency disclosure law.

Not to memtion who wants to help some dipshit and his wife get their offer together

Jim???????
Wtf?
What's with grand mahl seziure?

Save yourself a whole lot of trouble and just use The Burkhardt Group.

Hones, it's sabbee. As in "you sabbee me, I sabbee you". Sabbee?

what do you expect?

which brokerage was it?

Elliman.

report it to Lorber lol.

I think that's appalling, and hope the broker gets called on the carpet for it.

You don't have to 'agree' to use anyone. That said, if you are not working with a buy-side broker then by default you are 'using' the sell-side broker.

you don't have to use the listing broker if you are not represented by any broker, she will only be the Landlord's broker and you will be not represented, you don't have to agree to dual agency. Ask her to explain better in writing what she really intends, they cannot force you to use a broker o to be represented.

how do brokers help get an offer together ??? All the work is going to come down to the buyer / seller for actually doing everything. my broker did nothing except collect a check...that will be the last time I use one.

bram, that's not technically true. According to the Department of State, you have the right to pick your representation. So the standard (at least among REBNY-member firms) has been that you could view an apartment without signing in a broker, and then come back closer to offer with "your" broker, who the listing broker had never heard of, or even knew existed.

I think the philosophy among many of us is that you win as much as you lose in that situation; for every deal that I swoop in as a buyer's rep to share with a Corcoran-affiliated listing broker, Corcoran swoops in with one of their agents as a buyer's rep on one of my listings.

However, it can be vexing, if you're a listing broker, to feel like you're covering the same ground twice -- explaining everything to clients (remember, it doesn't sound like this was an open house, but an actual appointment) and then again to a broker who parachutes in later.

So this broker may have been aiming for clarification (albeit in a heavy-handed way, as W81 noted) or he/she may be evil. I don't feel like I have enough data to know.

ali r.
DG Neary Realty

Ali--what I meant was that if the buyer comes in without a buy-side broker and chooses to go forward without representation, that means the listing agent will be handling elements on both sides of the deal. ie it will be up to the listing agent to handle things such as shepherding the buyer through the board package process.

fair enough, b.

ali

shepherding the buyer... that's one way to look at it.

brokers are overpaid, so stop crying.

Yeah, for $30,000, the broker should explain it as many times as he/she needs to get the deal done.

Or split the money, save the headache, focus on getting the best deal for THEIR client.

Please....
Not 30k for the sale...30k for the sale and all the bullshit that went into it and all the other potential sales that never materialize.

When they were selling like hot cakes brokers good and bad cashed in. Now the losers are cleaning out their desks and only the good and the pathetic remain.

Keep in mind, no every buyer and seller spends countless hours pouring over easy street like no life losers endlessly debating with people who have already solidified their opinion on the minutia of residential re...........like us.

U don't need a broker. do what i did. Send a letter to the address explaining that u are interested in purchasing the apt but prefer to exclude both seller and buyer brokers. Suggest that u both use ur attorneys. Brokers really do noting more than show the apt and act as a liason between buyers/sellers and their attorneys.

Jakedavid, you can't possibly mean to say that worked. Or did all parties forget that the sell side broker had a contract?

Suggest that u both use ur attorneys.

That way, you can be in contract for eight months. The attorneys tend to drag it out to justify a fee. Having a broker somewhere in the mix can move it along. Been there.

I have to shamelessly promote our business model here. Brokers are part of the fabric of NYC real estate,you know the saying, "You can't fight City Hall". You don't have too, have a look at what we offer buyers who want to be compensated for the work they contribute to the deal.

Everyone is different, some want a big name firm to represent their interests, others could care less. I cater to the "real estate quant", we work together every step of the way, every email, evey offer letter.

I would be careful sending a letter to an owner that has listed their apartment with a broker. That broker may be a friend, may have helped them for years with their real estate transactions. It could easily backfire and make you look a bit off, if you know what I mean.

There are options out there, that is what we are trying to do; offer buyers (sellers soon) more options and this is good for everyone. My clients are very happy, not resentful of the process and I get many nice comments from listing brokers as deals we represent tend to go very smoothly.

You certainly don't need to use a broker, but as I have said before, it can be very helpful if you are working with the right broker.

Keith Burkhardt (broker)
http://theburkhardtgroup.com/agents_details.php?agent_ID=7619

>>Suggest that u both use ur attorneys. Brokers really do noting more than show the apt and act as a liason between buyers/sellers and their attorneys.<<

If the seller has a signed contract with the broker, as is standard practice, this strategy will not work.

"you cant fight city hall"

But you can refuse to participate in a collusive and exclusionary business model that will cost you tens of thousands of dollars. All it takes is time and energy. Do it yourself.