Talk of The Villages Florida

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Most unprofessional experience trying to purchase my first home in TV. (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/most-unprofessional-experience-trying-purchase-my-first-home-tv-357819/)

Larryandlinda 04-06-2025 09:52 AM

Correct.
Not every real estate agent is a Realtor.( too often mispronounced REAL-a-tor.)
Whether in TV or outside civilizations.Realtors belong to a trade organization and the name is trademarked.
We’ve bought a dozen residential properties in and around TV , 11 with the same agent and his wife/ business partner.
We’re not sure if they are Realtors but use some acronyms- Designations of an (ALC) Accredited Land Consultant and a (CCIM) Certified Commercial Investment Member.
We also don’t remember if our two homes in TV were ever listed with Properties of the Villages or MLS.

retiredguy123 04-06-2025 09:58 AM

Quote:

Originally Posted by Larryandlinda (Post 2421605)
Correct.
Not every real estate agent is a Realtor.( too often mispronounced REAL-a-tor.)
Whether in TV or outside civilizations.Realtors belong to a trade organization and the name is trademarked.
We’ve bought a dozen residential properties in and around TV , 11 with the same agent and his wife/ business partner.
We’re not sure if they are Realtors but use some acronyms- Designations of an (ALC) Accredited Land Consultant and a (CCIM) Certified Commercial Investment Member.
We also don’t remember if our two homes in TV were ever listed with Properties of the Villages or MLS.

The Properties of The Villages is not a member of the National Association of Realtors (NAR), so NONE of the licensed agents who work for them are Realtors. Period.

Craig Vernon 04-06-2025 11:06 AM

Thanks to all. I was just venting after a long day of back and forth. I do not think anything was shady just different from what I was used to. All the deals on homes I have made in the past were in writing not over the phone. For those who mentioned not seeing the home I was going to fly out today to see it within the three-day window for the contract. Anyway thanks for not kicking me too hard when I was down. I will be down for the month of May to continue the search in person. Have a wonderful day.

Lindawc 04-06-2025 11:35 AM

Everything happens for a reason. A better home is in store for you.

BrianL99 04-06-2025 12:15 PM

Quote:

Originally Posted by Craig Vernon (Post 2421632)
Thanks to all. I was just venting after a long day of back and forth. I do not think anything was shady just different from what I was used to. All the deals on homes I have made in the past were in writing not over the phone. For those who mentioned not seeing the home I was going to fly out today to see it within the three-day window for the contract. Anyway thanks for not kicking me too hard when I was down. I will be down for the month of May to continue the search in person. Have a wonderful day.

... so let me see if I have this correct.

The "Roofing Contingency" was partially motivated by a desire to give yourself a "3 day window" in the contract, so you could go look at the home and make sure you really wanted it?

thelegges 04-06-2025 01:15 PM

Quote:

Originally Posted by retiredguy123 (Post 2421608)
The Properties of The Villages is not a member of the National Association of Realtors (NAR), so NONE of the licensed agents who work for them are Realtors. Period.

So VLS wasn’t involved in class action lawsuit alleging the real estate industry (NAR) engaged in anticompetitive practices. With final real estate settlement approval of $418M?

MSGirl 04-06-2025 01:22 PM

Quote:

Originally Posted by BrianL99 (Post 2421382)
Your Broker/Agent handled the transaction, EXACTLY how it should have been handled.

A Seller has no obligation to "counter" an offer. Your Offer contained a contingency that was unacceptable to the Seller, so they accepted another Offer that was acceptable to them.

Legally and ethically, your Broker/Agent did everything right and it sounds like the Seller's Broker did, too. Just because you don't like the results or someone else was more daring than you, doesn't make it wrong.

If you really wanted the home, you could have made an Offer without any contingencies and still have been prepared to increase it, if the Seller had another comparable Offer.

Well said and correct.

frayedends 04-06-2025 01:59 PM

I may have missed in the replies, but here's what I don't get. They offered 10K because the roof needs to be replaced. But your offer required the roof to be good. Isn't the 10K basically saying they know the roof needs replaced?

Stu from NYC 04-06-2025 02:10 PM

Quote:

Originally Posted by frayedends (Post 2421676)
I may have missed in the replies, but here's what I don't get. They offered 10K because the roof needs to be replaced. But your offer required the roof to be good. Isn't the 10K basically saying they know the roof needs replaced?

Could be either an insurance requirement or the roof was no good

Stu from NYC 04-06-2025 02:11 PM

Quote:

Originally Posted by Craig Vernon (Post 2421632)
Thanks to all. I was just venting after a long day of back and forth. I do not think anything was shady just different from what I was used to. All the deals on homes I have made in the past were in writing not over the phone. For those who mentioned not seeing the home I was going to fly out today to see it within the three-day window for the contract. Anyway thanks for not kicking me too hard when I was down. I will be down for the month of May to continue the search in person. Have a wonderful day.

Great that you will be here for a month looking for what you want.

JMintzer 04-06-2025 02:31 PM

Quote:

Originally Posted by retiredguy123 (Post 2421608)
The Properties of The Villages is not a member of the National Association of Realtors (NAR), so NONE of the licensed agents who work for them are Realtors. Period.

And this matters how? The VLS Agents are licensed and have to abide by the same laws as "Realtors"...

The NAR (National Association of Realtors) is nothing but a "Trade Organization"...

retiredguy123 04-06-2025 02:37 PM

Quote:

Originally Posted by JMintzer (Post 2421690)
And this matters how? The VLS Agents are licensed and have to abide by the same laws as "Realtors"...

The NAR (National Association of Realtors) is nothing but a "Trade Organization"...

I didn't say that it mattered. But, the NAR claims that Realtors are better. Obviously, many people don't know what a Realtor is because a lot of people refer to all agents as Realtors.

Also, I didn't say that the NAR is anything more than a trade organization.

HORNET 04-06-2025 02:41 PM

Was it a Village’s sales rep or an outside realtor $

J1ceasar 04-06-2025 02:46 PM

1789 to go
 
There's certainly plenty of other fish in the sea and you certainly can choose another realtor to work with

Don't be bothered by somebody that doesn't help you, all they really care about is getting the commission
I can recommend a great realtor if you want .
Quote:

Originally Posted by Craig Vernon (Post 2421380)
So, I found a home on the VLS made an offer based upon agent video walk through. Seller stated original roof on 2008 home willing to offer 10k toward replacement. I offered 5k less than price. My VLS agent calls me and says they are only going to give rebate for roof with a full price offer. I submitted a full price offer with roof being inspected within three days as contingency to make sure the home was insurable. The agent calls me and says there is another offer both cash offers btw but they were going to counter my offer with removing the contingency. I disclosed to the agent that I couldn't buy a home that I may not be able to insure she stated that because it is a cash offer and that I could. I said well I cannot have a home in another state that may not be insurable. She said so you are willing to lose this deal? I said I guess I wouldn't have a choice but have them counter and I will respond. Agent two hours later calls back and says they took the other offer. The seller never responded to my offer at full list price or countered. I have purchased ten homes in my life and I know there are 1799 more to choose from on the market but...wow. Not feeling very happy with TV listing service or agents at the moment.. Have a great evening one and all!


frayedends 04-06-2025 03:03 PM

Quote:

Originally Posted by Stu from NYC (Post 2421680)
Could be either an insurance requirement or the roof was no good

Already know the roof is no good. Hence the seller offering the credit of 10K.


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