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May 29, 2020
9:04
:10
am
Baron
AKA "Dear Leader"
I mean that they can't enforce that you can't have realtor at negotiations later
Do they have to agree to it? No, but stating as much doesn't change that you can always come in with a realtor later.
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Baron
Previous username
jarocho
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Baron
Joined
Sep 1, 2006
Last login
Jun 21, 2024
Total posts
95,403 (33,242 FO)
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Messages
Author
Time
Hey all, I'm looking at buying a new home - Is this correct?
Tuss
5/29/20 8:55am
Your price stays the same if you have an agent or not. But the builder won't pay the 3% realtor commission unless the
RdF3
5/29/20 8:57am
Sounds like Tuss needs to get his realtor's license so he can collect a 3% commission on his own house
KingDave
5/29/20 8:59am
They're saying that if your buyer's agent doesn't come with you, they won't be paying a buyer's agent fee.
Pimpin4Paradise
5/29/20 8:57am
<< Deleted >>
Sandstone Cougar
5/29/20 8:58am
Thanks all - It just sounds crazy to me that I can't even walk through a model
Tuss
5/29/20 9:02am
you can, just don't give your real name, address or phone number
Nat Gas Man
5/29/20 9:29am
That's not enforceable. It is a scare tactic.
Baron
5/29/20 8:59am
<< Deleted >>
Sandstone Cougar
5/29/20 9:01am
I mean that they can't enforce that you can't have realtor at negotiations later
Baron
5/29/20 9:04am
<< Deleted >>
Sandstone Cougar
5/29/20 9:07am
The language specifically states you can't have them at negotiations. You can.
Baron
5/29/20 9:10am
<< Deleted >>
Sandstone Cougar
5/29/20 9:23am
That is why I said it is not enforceable.
Baron
5/29/20 9:31am
The part about refusing an agent at negotiations is not enforceable.
YSMACK
5/29/20 9:35am
Yes that is just negotiation. I shouldn't have said scare tactic. That was wrong
Baron
5/29/20 9:39am
True. And most real estate lawyers know way better.
YSMACK
5/29/20 9:41am
?
YSMACK
5/29/20 9:02am
We purchased a new home and got a 3% discount from the builder for not having
sortsol
5/29/20 9:01am
This is very uncommon
Kelbob
5/29/20 9:12am
Then I'll consider myself lucky!
sortsol
5/29/20 9:17am
Actually, lots of builders will do this if you ask.
displacedute
5/29/20 9:29am
Lots of small, independent builders maybe.
YSMACK
5/29/20 9:36am
This was a while back, maybe 2010ish, but he said it was pretty easy to get.
displacedute
5/29/20 12:28pm
They're not supposed to.. The builders often have a RE Agent sales person
BlueBlitzkrieg
5/29/20 9:41am
What is illegal? A limited agency? Not illegal or technically unethical
YSMACK
5/29/20 9:43am
The key is asking...very few will just offer it.
Kelbob
5/29/20 10:08am
Agreed. Why would they? Gotta negotiate a little bit.
displacedute
5/29/20 12:27pm
We did this back in 2009 in Texas. It was nice getting the 3%.
58DCougar
5/29/20 9:38am
The commission goes to the procuring cause of the transaction
YSMACK
5/29/20 9:01am
Don’t sign in. And when they ask you to sign in tell them you have an agent.
Acorn
5/29/20 9:06am
RE: Don’t sign in. And when they ask you to sign in tell them you have an
tippmancoug
5/29/20 9:08am
Hot tip- Our agent sold our house for free and got their 3% from the builder.
Artist
5/29/20 10:11am
I did the same thing a few years ago.
YSMACK
5/29/20 11:42am
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