I am really sorry that you encountered an unethical real estate agent. This issue is exactly why this NAR settlement is a very good thing. Because now the buyer in the state of Florida can actually have true representation. Then that would be part of the responsibilities to make sure the Contract is presented to the seller.
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Originally Posted by rustyp
Thanks - that triggers a few more questions
1 Does the listing agent have to list to MLS
2 How does the listing agent publish MLS
3 Is there a time requirement for the MLS listing to be posted to other MLS agents
Given the listing agent / office gets to keep both sides of the commission if the listing agent sells the same property - would not this be an incentive for the listing agent to "drag their feet" publishing the MLS until feeling out the initial buyers that typically rush to a new listing ?
Many years ago I put a purchase offer on a property which just hit the market. The listing agent called me back and said seller rejected offer. I asked was there a counter. Reply - no. I asked for proof of rejection. The agent said doesn't work that way. The listing agent had a reputation of being on the shady side so I hired a broker. Found out the seller never got the offer. Seller accepted my original offer through the broker I hired and listing agent lost half the commission. To say the original agent wasn't happy would be an understatement. To this day the shady agent won't even make eye contact with me in a very small town.
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