Who is Sleazier & more Down and Dirty, Me or the Realtor.
Just a little background info to get you a better idea of what’s going on.
My favorite buyer/Realtor/Broker has made me over 100,000 in the last year and a half. He buys my crap houses that nobody else wants, and he never even tries to negotiate a lower price from me. I currently have a half dozen deals in escrow with him that will put some serious Cha Ching in my wallet.
Well, a few days ago he calls me and asks if I want to make an easy 10 Grand, I said hell yea, what’s up? He tells me he has a multiunit deal going that fell out of escrow and went past the closing date.
He wants me to call buyer and pretend it’s my deal and I can get it to him without the big Realtors commission. I call sellers without a clue of what’s going on and when they ask me questions about the occupancy and condition of the units, I’m dumbstruck, the Realtor is giving me hand signals and shaking his head yes and no, giving me the time out signal, several times I had to put the phone on mute. It was nerve racking and stressful.
I email the buyers new contracts without the Realtors name on them and minus his commission, but when him or his partner wud call me back I couldn’t answer till I got back with realtor at his office while we did the dance, hand signal charade thing again. A few times I had to tell buyer I wud check with the seller and get back to him.
These buyers are not Kansas City hicks but sophisticated multi-millionaires and I was really nervous, tongue tied, intimidated but I tried to play it off cool.
We finally got all the details worked out and we are headed for a fast closing within the next few days.
I know I’m not doing anything illegal, just being deceptive as all get out. But hell, in the end, the buyers get the property at a great price without paying a high realtors commission, the seller got the price he wanted and me and the Realtor are walking away with some serious pocket change.
Will I anger the gods? Will I get bad karma? Did I compromise my moral standards?
I can play this off as a job well done, & that’s just business, cuz hey, you know, in the end everybody will be happy. I’m not sure how happy the Realtor will be & how much commission he lost out on. He will probably be the least happy.
Let’s make some money.
Rando