Larry, I am not trying to start anything here.  But I really hate it when an agent goes off on another agent with only half the story.  Presumably, from your story, you only have the potential buyers side of the story.  And you are ready to hang out a noose, tie up this agent, and throw our profession under the bus.  

I'm not saying the buyer is a liar.  I don't like that statement.  But I have heard my words twisted so they suit someones perception.  I have taken a stand.  I badmouth no agent unless I personally know what happened.  I have listened to buyers and sellers stories and realized... hmmm I wonder what the agents side of the story would be.

I just think we should think twice before we throw each other under the bus.  I'm not for protecting weak, unprofessional agents.  I would hunt them down with a coon dog, and tear up their license in front of them.

But first I want all sides and facts to a story.  Thank goodness our judicial system doesn't like third party hear say!!

Shelly

I agree. Buyers agent has a duty of confidentiality and should not have given that information, unless specifically given permission by the buyers.  thanks for passing on the additional information.

I just believe that it should be incumbent upon of all us to get the facts before we hang another an agent.

thanks for letting me vent!!

Shelly

We talk about buyers and sellers not understanding agency, but I am thinking we have alot of agents who have not got this down yet. We need to push agency as well as ethics or we will continue to be thrown under the bus.

I run into a lot of agents who don't know where they stand. This isn't rocket science, in my neck of the woods, you can be Designated buyer/sellers agent, transaction broker, buyer agent, sellers agent. Gads pic one and have the documentation to back it up or wear a name tag so people know. And we are required to hand out the Brokerage Relationship Disclosure to prospectives at first opportunity.

Agency is something I had to nail down from day one as I found other agents had no idea what they were, even the listing agents. I am always amazed.

Larry, sorry for ranting on your rant.....

Larry, I don't know if the buyer's agent even has a fiduciary duty to the home buyer. Was there a signed agreement between them? I for one don't think the offer was low - at least not in my neck of the woods. And, I would not risk the loss of my license for the commission amount on the difference between the asking price and offer that was made. If I was the agent, I might be looking to the board for help because of your interference with his buyers. But, that's just me.

If the buyer agent was truly a buyer agent with an agreement to represent the best interests of the buyer, the buyer does indeed have a complaint to make.  Should be easy to prove with the listing agent confirming to you that the story is true.

I run into agents like that all the time ... the ones who don't know when to shut their mouths.  As the person who represents the other party.....let them talk and get themselves into trouble and get my client the better end of the deal.  Ran into that last summer.  Agent told ME that he told the SELLER that it wouldn't sell for more than XXdollars and he ought to jump at anything close to it.  We got it for a little under half (yes, half) the list price.  My guy was ready to offer a certain price and I told him no no no....offer this amount instead.  He did and they accepted, no argument.

I agree with Gregory. you are walking a fine line by talking with these folks when they already have an agent that is representing them.

I read your post just fine, Larry. You put it out there and I gave you my opinion. If I had more facts I might have another opinion. No need to get testy. My own rules of engagement may not apply here. But, I tend not to give anyone advice who is working with another agent. Then again, I don't have a radio show.

Larry didn't solicit them, they came to him and told him the story.  I believe Larry's advice was right-on target to go to the board office and speak to their AE.  However, I would not have offered any opinions about the price being low or specific comments about any agent's behavior.  I would have advised the buyer that if they feel their interests were not protected, they should speak with the board office for advice on how to proceed, if at all.

Velda, I am not Larry did not solicit them. Larry said, "I always put plugs in for any opens I am having and I would say “I will be here from such and such time if you have any questions or if your looking for advice stop by and I will be happy to help”. It seems like he is continuing the radio personality of advice giver with his services and due diligence of a real estate agent. Wearing two hats is fine, it just seems like he has made the two hats into one. Had his wording been different on the air and he had not offered the buyer any advise as soon as he understood they were working with an agent my opinion would be different. I would have a problem with the talk show host if he were working in my area.

Larry:

Were these new agents.  I have found new agents make a great deal of mistakes.  Lazy agents make a great deal of mistakes.  Brokers allow them to continue to make mistakes.  It is a shame that once most of these agents take the test they are done.  They don't want to learn and they don't want to use common sense.  I feel your pain. Great post.

Larry I think it is great that you have a radio show and try to educate the public.  I am also a bit jealous that you have a great place to advertise your open houses. Creative and better than print ads I will bet.  I can't think of anything else you could have told these people other than go to the board with their problem and let the board and the agents involved work it out.  I think they all caused more headache then it was worth.  Seller wants to sell their property and I really doubt they expected full price.  A buyer ready, willing and able.  And because of greed no body wins!  Very stupid, they all could have been under contract by now!

Jana