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I would have been pissed to. I see the whole picture now, she was working for you, kinda. Now, she's working for them. But what a rude dumb ***** to say you should pay more because you have the money. Me personally, I'd turn her ass in to the State. No questions asked. That will get her attention.
I used to have superhuman powers....until my therapist took them away.
If you engaged the Realtor first then she must represent you as your Realtor. It is illegal for her to represent both sides of the party. She can act as the transaction broker but she can not represent both of you simultaneously, it's illegal.
I don't know if this is state by state, but when I was in real estate, you can represent both, but you must disclose that you are now acting as a dual agent. Even if they deal with someone else in your same office, it's a dual agency deal.
“I don't look ahead... I keep focused on my next opponent. I am looking forward to my next opponent, I don't think past that point.”
--Manny Pacquiao
I don't know if this is state by state, but when I was in real estate, you can represent both, but you must disclose that you are now acting as a dual agent. Even if they deal with someone else in your same office, it's a dual agency deal.
See, thats the difference. They can be a transaction broker, in other words they can handle both sides of the transaction, but they can not represent both sides. The ethics and rules say that if a Realtor is representing a client, then they must perform their duties to do so in the best interest of that client. It's impossible to do that for both parties simultaneously. If you represent the seller then you want to get them the most money for their house, but if you represent the buyer, you want to get them the most house for their money. It contradicts each other.
It must be different now, because the ethics and rules are set nationwide. And they have specific definitions of what a "client" is vs what a "customer" is. the rules now say that a Realtor can't have a "client" on both sides of the transaction. They receive full commission for doing both parts but each party must remain as "customers".
I used to have superhuman powers....until my therapist took them away.
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