[Mrs. Robinson]

Originally Posted by retiredguy123

The whole concept of a "buyers agent" is deceptive. The seller of a house pays the entire commission to the listing broker. Therefore, all agents involved in the transaction, who share in the commission, work for and are paid by the seller. The buyer pays nothing and gets nothing in terms of real contractual "agency" representation. If the real estate industry wants to honestly promote the buyers agent concept, then they need to develop contracts that require the buyer and the seller to pay separate commissions or fees for services rendered.

Originally Posted by vbsheriff

You are getting some confusing and inaccurate info on previous posts. Dual agents are not allowed on Florida. Best source of accurate info will be a Florida Real Estate / Land Use attorney.

Yes -- there is some confusing and inaccurate information in previous posts.

Although the seller may be paying the entire commission, the listing agent and selling agent do not both work for the seller. In this case, I am speaking about the agent for the buyer. The majority of Realtors are transaction agents as I've mentioned in a prior post.

A true buyer's agent does have a contract which the buyer must agree to and sign. In the case when a Realtor is a buyer's agent under contract, the buyer would be paying their Realtor a commission, not the seller.

Nowhere in any of the above comments, do I see mention of a dual agent and don't know why this was brought up.

The Florida Real Estate Commission (FREC) in Tallahassee can answer anyone's questions regarding real estate in Florida.
(850) 487-1395

[graciegirl]

Originally Posted by Mrs. Robinson

Yes -- there is some confusing and inaccurate information in previous posts.

Although the seller may be paying the entire commission, the listing agent and selling agent do not both work for the seller. In this case, I am speaking about the agent for the buyer. The majority of Realtors are transaction agents as I've mentioned in a prior post.

A true buyer's agent does have a contract which the buyer must agree to and sign. In the case when a Realtor is a buyer's agent under contract, the buyer would be paying their Realtor a commission, not the seller.

Nowhere in any of the above comments, do I see mention of a dual agent and don't know why this was brought up.

The Florida Real Estate Commission (FREC) in Tallahassee can answer anyone's questions regarding real estate in Florida.
(850) 487-1395

KuKukachoo Mrs. Robinson. There are many realtors around here who resent not being able to participate in the new home sales. Sometimes they use this forum for demeaning some very wonderful folks like long time ethical and responsible sales agents working for The Villages.

We have purchased two new homes through our Villages sales agent and would use him again. He and his wife have become our friends. There are many, many, who will praise the Villages sales agents who worked with them. What I like about working with a Villages sales agent is the LACK of pressure and the absence of HOUNDING often found when you work with realtors. Ours showed us some used homes at our request, but in the end decided we really wanted a new home again.


To the OP, use both a Villages Agent and a realtor if you are looking at used homes is the advice most would give you. Lyle Gant, a realtor who advertises on this forum has a good reputation and is very helpful and not pushy.

[outlaw]

Originally Posted by Mrs. Robinson

Full disclosure laws have been in effect for many, many years. These laws are nothing new. As a matter of fact, both buyer and seller should be signing a seller's disclosure. The form is a legal document in the event a problem arises regarding what is stated about the property.

I don't know in what field you were employed, but I can guarantee there were some undesirables working in your field also. So let's get beyond that those who work in one specific field lie more than another. I've never heard of anyone selling a 7 year old rental home as new, and there are laws that protect buyers from those kind of lies.

In The Villages, I have not seen a house for sale that included the bond unless it was so stated in the listing. That isn't such a big deal because the bond is part of full disclosure. Most people don't even know what the balance is of their bond!

Exactly. RE agents are no better and no worse than other vocations. My response was to a post that claimed RE agents were above reproach. And just because you haven't heard or seen something doesn't mean it doesn't happen. I compare the exclusion of a bond on a house price ad to the car dealer agreeing to a price, then pulling out a contract with additional "costs" PRINTED on the contract. You may call that marketing or business as usual. I call it deceptive business practice.

[retiredguy123]

Originally Posted by Mrs. Robinson

Yes -- there is some confusing and inaccurate information in previous posts.

Although the seller may be paying the entire commission, the listing agent and selling agent do not both work for the seller. In this case, I am speaking about the agent for the buyer. The majority of Realtors are transaction agents as I've mentioned in a prior post.

A true buyer's agent does have a contract which the buyer must agree to and sign. In the case when a Realtor is a buyer's agent under contract, the buyer would be paying their Realtor a commission, not the seller.

Nowhere in any of the above comments, do I see mention of a dual agent and don't know why this was brought up.

The Florida Real Estate Commission (FREC) in Tallahassee can answer anyone's questions regarding real estate in Florida.
(850) 487-1395

The buyer may sign a piece of paper with an agent, but, unless the buyer agrees to pay money to the agent that does not come from the seller's listing agreement, it is not an enforceable contract under common law. The listing agreement signed by the seller is the only real contract, and it is the source of all income that the agents involved in the transaction receive. That is why buyer agency agreements are deceptive.

[outlaw]

Originally Posted by VillagerNut

And what you are describing has nothing to do with an independent Realtors here! The disclosure laws are only enforced for Realtors! Yes I did see courtyards being sold as new when they're 7 to 8 years old! But they are not listed with a Realtor!

I believe that is incorrect. A Realtor is a designation for a member of the Multiple Listing System. A Realtor is also a real estate agent, but a real estate agent isn't always a Realtor. ALL real estate agents licensed in Florida are subject to the disclosure laws of Florida.

[outlaw]

Originally Posted by graciegirl

KuKukachoo Mrs. Robinson. There are many realtors around here who resent not being able to participate in the new home sales. Sometimes they use this forum for demeaning some very wonderful folks like long time ethical and responsible sales agents working for The Villages.

We have purchased two new homes through our Villages sales agent and would use him again. He and his wife have become our friends. There are many, many, who will praise the Villages sales agents who worked with them. What I like about working with a Villages sales agent is the LACK of pressure and the absence of HOUNDING often found when you work with realtors. Ours showed us some used homes at our request, but in the end decided we really wanted a new home again.


To the OP, use both a Villages Agent and a realtor if you are looking at used homes is the advice most would give you. Lyle Gant, a realtor who advertises on this forum has a good reputation and is very helpful and not pushy.

What do you think you're doing, if not demeaning these real estate agents?

[ColdNoMore]

Originally Posted by outlaw

What do you think you're doing, if not demeaning these real estate agents?

Yep.

I think it is beyond disingenuous to try and slough off all (or even the majority) of complaints regarding TV sales agents...as being from other disgruntled realtors.

While I'm sure there have been a few, I'm also just as sure that TV agents have tried to demean outside realtors on TOTV.

The bottom line for the OP is to get one of each and just make sure you've asked all the questions noted in the plethora of threads here at TOTV...and get the answers in writing if it is important.

Good luck to the OP in your search.

[Mrs. Robinson]

Originally Posted by VillagerNut

And what you are describing has nothing to do with an independent Realtors here! The disclosure laws are only enforced for Realtors! Yes I did see courtyards being sold as new when they're 7 to 8 years old! But they are not listed with a Realtor!

Originally Posted by outlaw

I believe that is incorrect. A Realtor is a designation for a member of the Multiple Listing System. A Realtor is also a real estate agent, but a real estate agent isn't always a Realtor. ALL real estate agents licensed in Florida are subject to the disclosure laws of Florida.

Mr. Nut -- you obviously don't know what information is included in a "Seller's Disclosure." I believe these disclosures are used throughout the country. I personally, would never sign a contract for sale unless the seller provided one. There is nothing personal in this disclosure. It has to do with the physical house, the land, the area, i.e., any problems past or current, anything that would threaten the property or neighborhood. The disclosure covers many things and has nothing to do with the agent or Realtor. A seller must divulge any negative issues and state them in the disclosure, and sign and date the form. The buyer in turn must date and sign when a contract of sale is written. If the seller does not divulge something, he can be sued.

The term "Realtor" is a registered trademark of the National Association of Realtors (NAR). To be a Realtor you must be a member of your local board of Realtors and a member of the NAR, pay dues and abide by their Code of Ethics. You must be a member of both organizations to access the Multi-List System (MLS).

[Mrs. Robinson]

Originally Posted by graciegirl

KuKukachoo Mrs. Robinson. There are many realtors around here who resent not being able to participate in the new home sales. Sometimes they use this forum for demeaning some very wonderful folks like long time ethical and responsible sales agents working for The Villages.

We have purchased two new homes through our Villages sales agent and would use him again. He and his wife have become our friends. There are many, many, who will praise the Villages sales agents who worked with them. What I like about working with a Villages sales agent is the LACK of pressure and the absence of HOUNDING often found when you work with realtors. Ours showed us some used homes at our request, but in the end decided we really wanted a new home again.


To the OP, use both a Villages Agent and a realtor if you are looking at used homes is the advice most would give you. Lyle Gant, a realtor who advertises on this forum has a good reputation and is very helpful and not pushy.

KuKukachoo???

Gracie -- let's call a spade a spade. I am sure there are many fine, upstanding agents that work here in the TV, and the same holds true for Realtors who work for outside agencies. Please don't harp how Villages' agents are not pushy while Realtors are. That is pure nonsense!

If a Realtor resents not being able to sell Villages listed properties, their resentment is not unfounded. You may not get it, but that is how the "real" real estate industry works. This is how Realtors earn a living! That is why the Multi-List System works to benefit everyone.

While there may be many fine agents working here in TV, there is also a pretty good supply of those who lack experience, commitment and are lazy. This is also true throughout the industry. To say that there aren't any bad apples in the sack is a misnomer and simply not true.

At one time The Villages did cooperate with outside brokers. At some point (I don't know how long ago it was), they stopped because they felt they didn't need the Realtors. They figured why only take a piece of the pie when they could have the whole thing. So with this new system, do you know who paid the price? Well, I'll tell you . . . The residents of TV who wanted to list their house for sale! Their new system only benefited TV and the outside brokers and residents suffered.

So if there is resentment, it is with good reason. Greed unfortunately, changes many things and usually hurts everyone except the one who instituted it, as in this case.