What do you do with a self centered, self
interested, and totally self motivated real estate agent who is
screwing her client, her customer (me), and ultimately herself?
I'm trying to buy this house I'm living
in. It's been on the market for more than 2 years. The real estate
company decided it would be a good idea to rent it out so the owner
wouldn't hemorrhage so much money. (I'm beginning to think that was
not their motivation, though). In real estate, we call a property
like this an alligator. It'll eat you alive. Enter me-- dumb ass
renter.
About 8 months later, the real estate agent
in charge of this property, to whom the rent is paid every month,
said the owner wanted to make me an offer to buy the place. He'd take
$3,000 off his asking price, $5,000 down, and my payment would hardly
be any higher than my rent. Hmmm. I asked for more numbers because I
was sure more money than that would be required. I was right. Since
I'd now be required to make a bunch of payments the current owner is
making it would have been a nearly $300 dollar increase. It was moot
anyway; I didn't have $5,000 laying around.
All while the real estate agent is making
the proposition she keeps going out of her way to stress that the
owner was not putting the house back on the market. "He's not
putting it back on the market. He's happy to have you there. He
wanted me to stress that to you. Don't be afraid because he's
not putting it on the market."
Yeah. I made a counter offer with a much
lower down payment and a lower asking price. No response. The next
month, I'm sitting in Jack in the Box, I open a real estate magazine,
and there in living color is my house. Not putting it back on the
market my ass. They didn't even have the courtesy to call. They
didn't even have the courtesy to reject my offer. They even listed it
$4,000 below what they tried to stick me for! And they have
the nerve to list me as a selling point-- "Great tenant history if
you're looking for income property." !!!!!
This listing is a real piece of work. They
make it sound like the owner would accept three bubble gum wrappers
and a half smoked cigar just to get rid of the thing. Meanwhile I've
spent the last 7 months making offer after offer and being rejected
every time. Well, not really rejected; I meet abject silence. In
December, the owner of the real estate company even told me that the
owner had decided to take it back off the market. That's the second
time I've had assurances they weren't going to sell the place out
from under me. But it has only gotten worse since then. They continue
to list the house. And it's reaching outrageous proportions. I have
people coming up and knocking on the door. I have jackasses parking
in my front yard and walking all around without any kind of
permission whatsoever. And every 2 weeks like clock work, this real
estate [so-and-so] is bringing people in to walk around.
Last month I decided to make a last ditch
effort. I tailored a proposal that totally favored the owner and
actually wasn't very good for me. The only thing it would have done
for me was get the house off the market while I could come up with a
larger down payment. My current rent does not cover his expenses.
Here's a guy who's been out of work for over a year, has to come up
with and extra $200 per month, plus another $600 a year to pay
the city for the sewer installation. I offered to cover all
his expenses. He no longer had any costs. I offered him his asking
price. I offered him his terms-- I'd either pay cash for the house or
make a down payment of not less than $5,000. All I asked in return
was that he take the house off the market for 6 months while I
acquired the down payment/purchase money. Think about how beneficial
that is to him. He's sold the house. He has all his payments totally
covered while I finish acquiring the down payment and/or purchase
price. He's home free. I didn't even ask for any of the rent or
payments to be taken off the final price. That would have been all
gravy because then he gets his asking price and a large down payment
on top of it.
Get this. This is what the real estate agent
says when the offer is made, "But if you do that how will I get my
commission? I live off my commission you know!" (read that in
the snotiest voice you can imagine.) I was dumbfounded. Her
commission is about $35 a month, which I offered to pay. That's part
of the monthly price. "Well, I'll make the offer but because this
such a great real estate market I don't think he's going to accept
it."
They turned it down. The stupid mo-fo's
turned it down. Once again, they didn't even have the courtesy to
call with the response. I had to call them for two days before I
could get an answer. That is the most sweetheart offer I have ever
made anyone-- just so I could have peace and get them off my back.
That offer was totally geared to taking care of them and
screwing myself in the name of peace. And they turned it down! I will
never again in my life make someone such a great offer.
Get this-- the reason she gave? "He can't
accept it without a down payment. This is such a great real estate
market he can get a down payment." WHAT?!?!?!? There is a down
payment in that offer! A greater than 10% down payment! That response
was totally her words. It was just echoes of stuff she had said in
her office. That wasn't the owner talking that was her talking. If
she even made the offer at all she totally downplayed it and screwed
me over for her $35 a month. You'd think the commission off
selling a house would make her happier than $35 a month,
but.... And I can't help but wonder why if this is "such a great real
estate market" this genius has been unable to sell the house in 2 1/2
years!
There's been a steady escalation that I'm
not even beginning to portray well. My health can't take this. It's
making me too tense, and angry, and disconcerted. If I'd known I was
going to have to put up with this, I'd never have moved in.
Unfortunately, I don't have enough spare money to move out. Do you
know how expensive it is to move these days? The last straw probably
came this week when she called "to make an appointment" for yet one
more lookey-loo who won't be able to stand the place to come in and
look around. She insisted on Saturday. I told her I have previous
engagements all day Saturday. She insisted on Saturday. "You'll be
back before then," she said. Guess what, [you so-and-so]. No
I won't. You're going to show up and no-one will be here to let you
in.
It's incredible. It strains credulity.
She's screwing me, her customer, over her lousy $35 a month. She's
screwing her client, the owner, over her lousy $35 a month. This poor
guy hasn't worked in over a year, he's being eaten alive by this
property, and if she's even making the offers she's telling him to
totally ignore the only buyer they have for this lousy little, poorly
built, over priced shack. In my opinion renting this place for less
than he needed to cover all his expenses was an act of incompetence.
She's screwing her company over her lousy $35 a month, because
I was actively promoting them, something I'll never do again.
And ultimately she's screwing herself out of her $35 because if she
expects me to keep taking this b.s. and paying for the privilege she
is more insane than I think she is.
If you're ever in Arizona and you need a real
estate agent, I can sure tell you one to avoid.