Me first - I have a colleague who purchased a home in the westside through a realtor connection of his. They managed to purchase a home below market value and already had a 2nd buyer ready to purchase for $300K more. Nobody thought there was anything wrong with the realtor having a buyer with a larger purchase price in their back pocket when doing the original sale. When I called him on this, the rationalizations were amusing - it was like reading an ethics textbook Chapter .
Another one - I see on the realtor comments section all the time where the purchasers realtor only gets the full commission if they are present during the first showing and all subsequent showings. otherwise $500. If this truly happens, does the seller get the difference returned to them or the selling realtor pocket the money? I'm sure the scumbag realtor keeps the difference.
I am sure this thread will be at 100 pages in a week considering how shady our local realtors all are.
