Terrible Compass realtor!!!

Apple
hGHb78

Go to company page Apple

hGHb78
Mar 2 55 Comments

My Compass realtor is a terrible agent. She and her manager are lazy, non hustlers and self proclaimed ethical agents!

My agent asked me to offer 1.9 for a house that appraised for 1.56. It was my wife’s and my intellect that we reduced to 1.775. This is also 200K above appraisal!

1. We have asked our agent to ask the seller to renegotiate. I don’t trust that she will ask. How do I validate if she will ask?

2 What are the repercussions of backing out? And how to back out?

3. How do I complain to her broker, Compass about this mess.

#mortgage #housing #appraisal

Blind Tax:
400K

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TOP 55 Comments
  • Apple
    Beached 🐳

    Go to company page Apple

    Beached 🐳
    Congrats on your new $1.9M shack
    Mar 2 0
  • Meta
    hiremepliz

    Go to company page Meta

    hiremepliz
    Tbh i dont understand why you need an agent to buy a home… easier to just negotiate with the listing agent directly… these buyers agent dont really give you any upside advantage in this market
    Mar 2 11
    • Compass
      Eq0ayeUwHy

      Go to company page Compass

      Eq0ayeUwHy
      I’m not gonna say your expectations are off base since that data flow has been deliver direct to consumers, but the business doesn’t work that way.

      Who in their right mind would wanna trust the biggest purchase of their lives to themselves and them alone when they potentially never done it before?
      Mar 2
    • Meta
      hiremepliz

      Go to company page Meta

      hiremepliz
      @Eq0ayeUwHy lol i can tell you are definitely an agent...
      1. yes no difference with the buyer but difference with the seller right? So consider 2 offers with same offer.. 1 offer the seller has to pay extra 2.5% to the buyers agent while the other does not have a buyers agent... which one will the seller pick? Its a simple math
      2. "Biggest purchase in your life yadda2 yadda" sounds like a bullshit ads to boomers who do not know how to google and shit and research their own deals... Sure maybe first property but sure as hell buying next property is a waste of money with a buyers agent
      Mar 2
  • Meta
    hiremepliz

    Go to company page Meta

    hiremepliz
    Do you have contingencies? If there is inspection contingency, appraisal gap contingency you can still back out
    Mar 2 2
  • Google
    tpiK18

    Go to company page Google

    tpiK18
    Lmao the whole point of waiving contingencies is that you give up your right to back out or renegotiate, making your offer more appealing to the seller. You have to either go through with the sale or give up your earnest money.
    Mar 2 0
  • 1 - why don't you just ask for a renegotiation and see what happens. Have her email and loop you in or do a 3 way call.
    Mar 2 7
    • Apple
      hGHb78

      Go to company page Apple

      hGHb78
      OP
      I don’t like putting the seller in this situation I wouldn’t like to be in their shoes either.

      But, I don’t think 200K is massively over paying. We put down 53K the next day itself to show our commitment.

      We just want to renegotiate to 1.7M which is still 140K above appraisal price. I think it’s a decent deal.

      Fuck the contingency — even my own realtor is speaking on the sellers behalf so at this point I don’t need to know that I can’t back off without losing the EMD.
      Mar 2
    • Twitter
      maxmcomp

      Go to company page Twitter

      maxmcomp
      I think you should suck it up ! 70k is not going to be that big of deal in next 10 years on your property. You would be a seller one day and would not like if a buyer reneges with you.
      Mar 2