We recently bought a house through a realtor that was dealing with Real Estate One as the seller's listing agency. The house that we put an offer on was going through REO. Since I had heard from our buying agent that they work to get top dollar for her sellers I expected a certain level of professionalism without any shady dealings. Once we put an offer on the house we wanted and it was accepted by the seller REO didn't bother to update the listing to ACTIVE, rather than PENDING. For those of you who are new to this, once you put an offer in on a property the listing is then pending sale rather than active. When a property is pending it's essentially yours while you cross the T's and dot the I's...all showings should cease. I mean, would you want people nosing around the house you just put a hefty deposit on?!!!
REO continued to show our house while also taking backup offers. Not only was this intentionally slimy but also evidently against MLS regulations....it's not illegal but it is frowned upon within the ranks.
On top of that the listing agent showed up at my new house the day we moved in to retrieve her key lock box. Nevermind that we had paid movers by the hour to move us in it's perfectly acceptable that you park yourself in our doorway ceasing all traffic while you fumble trying to get the box off our doorknob. Next time have a little courtesy and call ahead.
I just thought you should know in case you're planning to put a deposit on a property and run into this group as the listing agency. Would you want people parading through the house you put your hard earned money into to lock in your offer?! Not very professional. read more