Recently I had a buyer receive a flyer from a company that offered brand new homes, with no money down, and the company would also pay closing costs, buy out your lease. As I talked with the buyer, she said she had been in contact with the company and they informed her she wasn’t able to use her own Realtor, if buying one of the properties that this company had, she must use the sales person with their company. His words to her were that he didn’t want to do all the work and split the money with this buyers Realtor.
So I did contact this company to find out exactly why the buyer couldn’t have her own representation, why she would be restricted to only using this companies sales person. The only answer the owner of the company could give, was that his business is licensed in the State of Indiana to do business, and that a buyer can’t have two Realtors represent them. Both of these statements were true, however upon further investigation the Company and owner is not a member of MIBOR, the Metropolitan Indianapolis Board of Realtors.
My client talked to a couple of other people who told them that they are not going to get what they want for the price it is advertised. They felt that indeed this offer was too good to be true, and opted to not proceed any further with this.
In the end we wrote an offer on a home that she and her husband really did like, and could see themselves starting a family in. When they walked in the door they said it felt like home.
We did talk some more yesterday and she said she had been noticing the Realtor commercials since this happened last week and has come to the conclusion that possibly this company/sales person has no desire to work in the best interest of the consumer.
She might have something there! Consumers should be aware that Realtors have a Code of Ethics that we are bound by. Always question someone telling you that you can’t have your own representation, it’s your money and you want someone working for you that will help to make sure you are protected!
If you or anyone you know of is looking to buy, build or sale, please let me know. I would love to be able to Serve Your Family’s Needs first!
Dawn Whalen, Realtor
317-893-0648 Direct
317-459-5182 Cell
