
06-21-2025, 10:59 AM
|
Sage
|
Join Date: Feb 2016
Posts: 17,437
Thanks: 3,047
Thanked 16,613 Times in 6,564 Posts
|
|
Quote:
Originally Posted by SoCalGal
By "our real estate agent," do you mean an agent other than a representative of the developer, The Holding Company of The Villages, Inc., which controls the sale of new homes through its in-house sales team, Properties of The Villages?
Suppose a Florida Realtor (not a representative of The Holding Company of The Villages, Inc.) refuses to submit an offer on behalf of a buyer. In that case, they may be violating the National Association of Realtors Code of Ethics, specifically Article 1, which emphasizes the duty to protect and promote the interests of their client while treating all parties honestly. Additionally, Florida law and the Florida Realtors Bar contracts require that a single agent or transaction agent must present “all offers and counteroffers in a timely manner, unless a party has previously directed the licensee otherwise in writing.” IOW, a Realtor may legally refuse to submit an offer if the seller has provided written instructions to not present certain types of offers (e.g., offers below a specific price or on a particular contract form). The buyer can file a complaint with the Florida Real Estate Commission, which may result in fines, license suspension, or revocation. Complaints must be filed within five years of the act or its discovery.
Contracts | Florida Realtors
|
A lot of people refer to "our real estate agent", when they don't have any contract with that agent. So, unless the poster and the agent have a signed contract stating that the agent represents the buyer as a buyer's agent, the law does not even apply because the buyer is not a client.
|