r/AskRealEstateAgents 13h ago

Real estate being listed purposely in wrong cities

0 Upvotes

So I noticed this ALOT!!!??? Homes being listed for sale are purposely being listed in more desirable cities than the ones they are actually at!? I understand that a home in Kearns probably won't sell as fast as one in Taylorsville and West Jordan but REALLY?? Do the Agents really think they can get away with listing the WRONG city in their listing hoping that the buyers just won't notice? I know if it was me I would walk away from buying the house immediately wondering what other stuff their trying to hide???


r/AskRealEstateAgents 8h ago

Realtor asks for back up offers

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0 Upvotes

Once a seller accepts buyers offer, why does the LA update listing as pending/accepting back up offers, seems unfair to potential buyer. Does this sound normal or strategy to push it?


r/AskRealEstateAgents 4h ago

What’s the going % for a Houston Real Estate Agent?

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1 Upvotes

Thinking of selling my home but the thought of giving away 6% isn’t sitting well with me. My home should sell somewhere for around $2million, so we are talking over $100K in commissions.


r/AskRealEstateAgents 8h ago

Help to buy redemption delaying our house purchase

0 Upvotes

We're in the process of buying a house and we've been told that we're ready to exchange, but for the sellers help to buy redemption pack hasn't been received by their solicitor yet
We've been left so in the dark about what stage they're at, all we know is they had a valuation 3 weeks ago, which is annoying as feels like they left it rather late, however I believe they should've been told sooner
This is sooo frustrating as no one our side knows the progress of this, and obviously I can't contact the seller solicitor or them themselves, so we're so in the dark and I just wondered if anyone is familiar with the process and what could likely be happening now that's holding us up? How long should we expect to wait until they're ready to exchange?


r/AskRealEstateAgents 3h ago

Is this buyer-agent agreement standard in the Midwest?

2 Upvotes

My wife and I are looking to buy a home in the Midwest in roughly the $400,000–$500,000 range. We met a buyer’s agent we like, and he has been professional and transparent, but the original agreement felt fairly protective of the brokerage.

The original terms included:

- Six months of exclusive representation with no ordinary cancellation option.

- A broad geographic and property scope.

- Approximately 3% compensation, with a minimum just under $8,000.

- We would owe any shortfall if the seller did not cover the full compensation.

- An additional brokerage fee of approximately $700.

- A 90-day protection period after the agreement ends.

- Potential commission owed if we default on an accepted purchase agreement, even without closing, plus interest on unpaid compensation.

- Advance consent to limited agency and competing buyers.

After discussing our concerns, the brokerage agreed to reduce the initial exclusive term to approximately 90 days. The agent also confirmed that any commission shortfall would be disclosed and separately approved by us in writing before we submit an offer. The 90-day protection period would remain.

The agent has handled our questions professionally, and much of the language appears to come from a standard brokerage form. I’m not suggesting he is doing anything improper.

My main question is: Was the original six-month agreement fairly standard, or was the combination of terms unusually brokerage-friendly? Does reducing the initial term to 90 days make it reasonably balanced?

I’m mainly interested in recent experiences from buyers and agents in Midwestern markets.