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What can a real estate agent and broker require you to sign

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Money Talk > Real Estate

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suraja
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What can a real estate agent and broker require you to sign  Reply with quote  

I am in escrow on some property in which the seller and his real estate agent were not very forthcoming in their disclosure statements. Through a third party I found out some things about the property that are detriments (such as occassional flooding) but I am willing to overlook them and still purchase the property. I have released all my contingencies and we have a close date set.

My real estate agent happened to tell the seller's real estate agent that we found out some of these things on the property - most importantly about the flooding - and now the selling real estate agent wants me to sign a bunch of documents listing out what I found out as if she had told me about them. I don't want to do it - it took considerable effort for me to uncover these issues and I have already signed off on contingencies. I don't think I need to also let her off the hook as if she had disclosed these things to me - she did not. Can the realtor force me to sign these?

I am asking if a real estate agent can legally force me to sign informal and misleading documents in order to progress with the purchase? The seller and I have already signed all legal documents as outlined in our legal contract.
Post Tue Jun 09, 2009 6:39 am
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mlittle3
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Speaking as a real estate agent I concur with Coaster.
Post Fri Oct 22, 2010 6:51 pm
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laura.alamery
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There are some serious misrepresentation and agency issues here from the agents'. If you obviously are ok in proceeding with the purchase, do so, but please bring this matter to the attention of the broker-principal and he/she can make a determination based on the facts if all this violates agency and representation on your behalf.
Post Thu Oct 28, 2010 7:23 pm
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