Here’s a moral dilemma.  You have had a listing for sixteen months.  You have spent over $3,000 advertising and promoting the property.  The price is down to say $280,000.  An offer comes in for $390,000.  The buyer uses an out of town lender and the appraisal comes in at the sale price.  You believe that there is something fraudulent occurring. 

What do you do? 

My client and I discussed this for quite a while.  After looking at all the options the client decided to have the seller withdraw the listing and my client, the Agent took no commission on this.  She decided that her peace of mind was more important than the money. 

She called me about a half hour after I spoke to her.  She walked into her Broker’s office to tell him of her decision.  Literally, as she got back to her office her phone rang.  The client’s daughter was on the phone saying that she and her husband were moving back to town.  Her parent’s told her that she couldn’t use any other Agent but her.  They are buying approximately a $300,000 home. 

Maybe you believe in karma and signs from mystical sources or maybe you don’t.  I was really glad that this “sign” or coincidence happened to “prove” that she did the right thing. 

By the way, she did check with attorneys to discover whether she should or even had a legal or ethical obligation to report her suspicions to higher authorities and was advised that she clearly should not. 

Rich Levin
http://www.richlevin.com/