The reason why I don’t trust with real estate agents
Without offending anyone I want to share my two experiences of working with really estate agents online.
- I sent a cheque to an agent to close a property who has agreed to work with 1% commission. He was trying to call me for a while however I was travelling. So late last night he sends me a WhatsApp message stating that the sellers agent doesn’t want to work with less than 1.50% commission. So you need to pay more!
Am I justified to be annoyed? It’s so easy for them to say it’s just AED 25k what are you worked about?? Are these agents playing a game with me? I feel like telling him that you have just spoken to me over WhatsApp!!! Nothing else!!!
Should I just walk away from this deal?!? It feels like bad omen.
- I was selling a property via an agents that I knew via a very good reference. The agent asked my the price I had in mind. Fast forward on the day of sale at DLD office, I was told by the agent that the buyer is not paying commission because she doesn’t have enough money (this was a 500k property) so I agreed to cover the full commission due to my relationship with him.
Fast forward on the day of transfer my brother, who has the NOC to transfer, met the seller at DLD to find out that the poor lady was paying the commission and the buyer was paying 15k extra for the property!
Of course I lost my shit! I called my agent and I asked for explanation. Here is how he justified himself in my own world:
- The mission of 2.5% is too less, you know that I have to split it with the buyers agents. (WTF).
- Price difference, well you had a target of 500k in mind, so I got you the money, why do you care if I am able to sell it for higher!! 🤯🤯🤯. Because the lady was a first time buyer and an innocent person, they told her that we are settling the property at DLD for 500k to save you extra fee!! Of course I fired my agent right there on the call!
Why can’t the agents work clean?????