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Buyer Suspects He Lost Home Bid To Realtors' Personality Conflict
by Blanche Evans
Some agents don't play well with others, which can put their customers and clients at a disadvantage. One New Haven, Connecticut buyer, Joseph Pesticci, suspects that he and his wife Liliana lost a bid on the home they wanted for no better reason than the listing agent didn't like his agent. He just isn't sure he can prove it, and he doesn't know where to turn for "justice." Pesticci describes his agent, whom we'll call Agent #1, as a "type-A personality," who was "stand-offish" to the listing agent, Agent #2, because Agent #2 was "not from this marketplace" and "knew nothing about the Orange market" and had "underpriced the home considerably." The day that the Pesticcis went to view the house on the day they made their offer, Pesticci says, "During our viewing, our agent periodically corrected Agent #2 when I would ask questions as to septic, roof, etc. Our agent is familiar with all the contractors in the area and would point out who she thought had serviced the house when the listing agent wasn't sure. As we left, our agent made a flippant remark to us that Agent #2 was not from this marketplace." The Pesticcis made an offer. It wasn't accepted, prompting Pesticci to write the following letter to the listing agent:
Fueling Pesticci's suspicions was the fact that the selling agent representing the buyer whose offer was accepted was also from out of the area. "The only peculiar fact about the buying agent is that she is an agent that doesn't necessarily specialize in the area of this house," suggests Pesticci. "I don't know if you are familiar with the area of CT, but the buying agent (Agent #3) is out of Milford, and appears to have houses listed for sale on her site more in the central New Haven area - and in the price range of $150-250k. In other words, I find it very unlikely that she could be as crafty as she was with this bid to somehow know the Orange market well enough to bid $16,100 over the market price - when my agent is the top seller in the Orange market and has lived in Orange for 30+ years." Did Joseph's agent blow the deal for him through her condescending behavior toward the listing agent? Pesticci thinks so - enough to have fired Agent #1 after losing the bid on the home of his dreams. "What I would like to know is what recourse do I have to expose this," says Pesticci, "and somehow see that justice is done - either as a breach of Realtor ethics or some damage in the form of compensation for lost opportunity based upon this breach? Is there an organization that specializes in addressing this type of situation?" Pesticci is writing the brokers of record for Agents #1 and #2, as well as the local real estate board. He hopes to have a response shortly. Published: August 6, 2003 Use of this article without permission is a violation of federal copyright laws. Related Articles: |
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