Out of Area REO Agents

I received a call a few weeks ago from an agent in Tampa (I'm in Jacksonville) requesting that I list an REO for him and he would pay the referral fee. He then asked me to do a BPO and send my vendor out to rekey the property which was done and he would pay once I sent all the docs and invoices.

I'm sure you know the rest of the story. He's never paid or listed the property in my MLS. Now he won't even answer phone calls. I have had to pay my vendor so of course I got the lockbox back and took the keys.

Beware of unscrupulous realtors. They give real estate a bad name.

E-mail me when people leave their comments –

You need to be a member of REO Pro Network to add comments!

Join REO Pro Network

Comments

  • I will not entertain any calls from out of area Real Estate agent. 

  • Wow! we still have people out here doing this!! Thats shameful!

  • Penny

    Do you want to update us on your progress? 

  • Penny, I am not licensed in Florida, however in my state that may be grounds for an ethics violation complaint. At the very least you should take him to small claims court. Don't let him get away with that.

  • Re port him to thr RE Commission.

  • I was asked to approach an ad someone is looking for housing in my listing neighborhood as he has buyers interested. After checking out the license he is conditional license.  What is new?

  • I would report the agent to the company that he got the REO listing from!  Hopefully they will send you the listings in your area in the future!

  • I am working with his broker now. We'll see if I have to go further. Hopefully not!

  • Did you report the agent to the broker and the state board?

This reply was deleted.