Do Realtors Ever Lie About Other Offers at Matilda Clarke blog

Do Realtors Ever Lie About Other Offers. Whilst it's not strictly legal for an estate agent to lie to a buyer or seller about offers, it's unlikely that you will catch an estate agent going to jail for lying about an offer, but it goes against the legitimate code. These consequences could include a reprimand from their broker to being sued by the client. Do listing agents ever lie…? Ask sellers upfront how they’d like you to respond to such an inquiry from a buyer or cooperating broker. If an agent is being coy, all the other agent has to do is clearly ask if the other offer is written. As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer. We aren’t allowed to lie about written offers, though. If not an outright lie then they will certainly. In the competitive real estate industry today, it’s common to wonder if real estate agents lie about other offers. It may sometimes feel surreal when you hear ‘there’s a lot of interest’ in. If sellers haven’t given you approval to disclose, you have to respond that the sellers don’t want the presence of other offers disclosed but you would be happy to present any offer. The simple answer is yes, real estate agents can lie about offers they’ve received on behalf of their clients. But seriously, yes, some will lie about that. However, there are consequences if they are caught doing so.

Do listing agents ever lie…? Whilst it's not strictly legal for an estate agent to lie to a buyer or seller about offers, it's unlikely that you will catch an estate agent going to jail for lying about an offer, but it goes against the legitimate code. In the competitive real estate industry today, it’s common to wonder if real estate agents lie about other offers. If an agent is being coy, all the other agent has to do is clearly ask if the other offer is written. Ask sellers upfront how they’d like you to respond to such an inquiry from a buyer or cooperating broker. But seriously, yes, some will lie about that. As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer. If sellers haven’t given you approval to disclose, you have to respond that the sellers don’t want the presence of other offers disclosed but you would be happy to present any offer. We aren’t allowed to lie about written offers, though. If not an outright lie then they will certainly.

When Real Estate Agents Lie? AZexplained

Do Realtors Ever Lie About Other Offers Do listing agents ever lie…? Whilst it's not strictly legal for an estate agent to lie to a buyer or seller about offers, it's unlikely that you will catch an estate agent going to jail for lying about an offer, but it goes against the legitimate code. Ask sellers upfront how they’d like you to respond to such an inquiry from a buyer or cooperating broker. If an agent is being coy, all the other agent has to do is clearly ask if the other offer is written. Do listing agents ever lie…? We aren’t allowed to lie about written offers, though. These consequences could include a reprimand from their broker to being sued by the client. But seriously, yes, some will lie about that. As everyone else has said, yes they can lie about other offers but if you have an escalation clause that is being used, they need to present the other offer. However, there are consequences if they are caught doing so. The simple answer is yes, real estate agents can lie about offers they’ve received on behalf of their clients. In the competitive real estate industry today, it’s common to wonder if real estate agents lie about other offers. If not an outright lie then they will certainly. It may sometimes feel surreal when you hear ‘there’s a lot of interest’ in. If sellers haven’t given you approval to disclose, you have to respond that the sellers don’t want the presence of other offers disclosed but you would be happy to present any offer.