General Discussion

Disaffected

(6,483 posts)

23. It sounds suspicious alright but

Fri May 27, 2022, 03:34 PM

May 2022

the devil is in the contract detail. I can sorta see that it might be worth the $2,400 to a relator to get your future business, especially if you own an expensive property, should you decide to sell but the terms of the agreement need to be exactly right.

The agreement would have to stipulate how the asking price of the property would be determined; that you, the owner, would have final say over the selling price and terms of the sale; the length of time the relator gets to find a buyer; the relator commission on the sale etc.

Even still I would be very cautious especially since this type of arrangement seems to be quite novel (with no precedence to make reference to, legally or otherwise).

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

49 replies

= new reply since forum marked as read

Highlight:

I've gotten a couple of offers this week from a realty... [View all] brush May 2022 OP

Sounds like a scam to me. SoonerPride May 2022 #1

A relative had similar for precious metal, I think. If it's too good to be true: I sent them this. bucolic_frolic May 2022 #2

I've dealt with the fake bank check scam before... brush May 2022 #4

Stay wary. yonder May 2022 #16

Yeah, I had that offer of a fake check once. shrike3 May 2022 #12

Someone tried to pull this one on me. bif May 2022 #17

I would take caution True Dough May 2022 #3

Good thought on negotiating the realtor fee. brush May 2022 #5

Yes True Dough May 2022 #11

Sounds like a scam to me. Pobeka May 2022 #6

Thanks. I think what you say is spot on. I've found.... brush May 2022 #9

Caution. There are a million ways to scam. . . . BigDemVoter May 2022 #7

I would advise against doing something like that. MineralMan May 2022 #8

Thanks. I've found DU to be a good sleuthing... brush May 2022 #10

Someone offering your $2400 and you don't have to do anything in return. Irish_Dem May 2022 #13

$2400 Celerity May 2022 #28

Thanks! Oops.... too many zeros. Irish_Dem May 2022 #29

good thing that was a not a cheque you were cutting! Celerity May 2022 #30

Ha the IRS actually did that to me one time. Irish_Dem May 2022 #31

Tijuana is NOT worth it, lolol Celerity May 2022 #32

Yes. Certainly not worth crossing the IRS. Irish_Dem May 2022 #34

💙💙💙 Celerity May 2022 #35

Oh my Irish_Dem May 2022 #36

cute AF fit for an early summer brunch in La Diagonal (Barcelona) Celerity May 2022 #40

I'll be there. Irish_Dem May 2022 #41

oh (sans that dress, lol) we are travelling a lot all over the EU this summer, so much pent up Celerity May 2022 #42

Sounds wonderful. Irish_Dem May 2022 #43

It can't be that easy, so they must be scamming you FakeNoose May 2022 #14

You're right. Out of the blue this comea about. brush May 2022 #18

The mere fact that THEY contacted YOU reeks of scam. royable May 2022 #15

Yep, I don't need the complication in my life. brush May 2022 #19

I'll give you $10,000 not to take it. Kingofalldems May 2022 #20

Deal. brush May 2022 #21

They will record a covenant running with the land. Frasier Balzov May 2022 #22

It sounds suspicious alright but Disaffected May 2022 #23

Sounds very scammy. In this market you could get a broker to take a listing at less Vinca May 2022 #24

That'd be a big no from me Lettuce Be May 2022 #25

I don't need it. Just running it by DU. This is a... brush May 2022 #26

It is a scam and you will lose your home Hekate May 2022 #27

I'm just running it by DU. It's most likely too good to be true. brush May 2022 #46

Good warning for the rest of us, so thanks for sharing Hekate May 2022 #49

What is the name of the supposed realty company? nt. Mariana May 2022 #33

Even if it isn't a scam... Dorian Gray May 2022 #37

Thank you. I agree. Just running it by DU. brush May 2022 #45

I wouldn't do it. Liberal In Texas May 2022 #38

I'm in the real estate business and am familiar with this program Mr. Ected May 2022 #39

Thanks for this info. The outfit that approached... brush May 2022 #44

How would they enforce it? Put a $2400 lien on your home? JustABozoOnThisBus May 2022 #47

If you breach, they can file suit for breach of contract in the county where the property lies Mr. Ected May 2022 #48