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dallas2012_gw

Real estate agent commission

dallas2012
11 years ago

I have a situation here, i started with a agent looking for a house for almost 2 years, looked about 50 huses, then I found a new subdivision with new construction going on. I let my real estate agent know about it, and signed a P&S with the builder. When the house was half way finished, the builder filed for bankruptcy, and I lost my deposit. I was then able to buy the property from the bank, and hired a GC to finish the house. I lost a lot, didn't really get a good deal from the bank. My agent wants some compensation for his time, I do want to pay some thing for his service,
but not the commission he's hoping for based on the value of the house, plus I wasn't expect to pay for him. Thanks.

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