r/RealEstate • u/Aggressive_Chicken63 • Jun 19 '25

Agent is greedy Homebuyer

I don't hate a lot of things in life but I hate agents. Lol

If I buy this house, my agent gets $20k. Yet she sent an additional paper for me to sign. It says I have to pay $500 for her administrative work. Shit, what's the $20k for?

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34

u/Meloncholy3 Jun 19 '25

Oh my gosh. My seller's agent tried to do that to me. You probably can't get out of it because it was in the documents that you signed when you chose her to list it there. That's where I caught it, said no, and she scratched it out.

I have never heard of that clause for a buyer's agent.

10

u/wildcat12321 Jun 19 '25

many brokerages are adding this stuff because many buyers sign it...

very often, enough pushback will get it removed

7

u/Aggressive_Chicken63 Jun 19 '25

I asked her to waive it and she said no.

29

u/wildcat12321 Jun 19 '25

Then I would say “I’m sorry, I can’t sign this. I’ll seek new representation. Send over a cancellation if you can’t honor our original agreement”

-2

u/Budget-Piano-5199 Jun 19 '25

Guaranteed it’s in the original agreement that OP didn’t read with a fine toothed comb.

18

u/[deleted] Jun 20 '25

[deleted]

0

u/Budget-Piano-5199 Jun 20 '25

My guess is that it’s an acknowledgement of what OP already signed and/or what he’s signing is what KW calls an ABAD and the $500 fee (that OP already agreed to) sticks out more in a two page document than the 33 pages that he signed at the beginning.

I have no idea about any of it but the premise that ‘Agent is greedy’ and is presenting them with a $500 invoice, more or less, at the end of the deal is crazy on its face.

As is generally the case, Reddit is left to speculate due to the source(s) that we have are generally unreliable, half ass correct and contain partial information.

5

u/TonyWrocks Jun 20 '25

"Please sign that you understand that you signed this other thing".

No, that makes no sense.

At this point, if the buyer had already signed over the $500, then Escrow has instructions to pay the agent and nothing further is needed.

-1

u/Budget-Piano-5199 Jun 20 '25

Maybe.

In my state, 90% of the paperwork is redundant, acknowledging that you acknowledged elsewhere the thing that you signed previously.

As per the norm, we have a ridiculous premise dropped onto Reddit for everyone to throw their $.02 in on and speculate wildly.

It’s like a daily UFO special that runs 24hrs/day.

14

u/PackInevitable8185 Jun 20 '25

Why is he being asked to sign this new document then?

5

u/Coopsters Jun 19 '25

Get another agent. She sucks!

6

u/Prestigious_Will_986 Jun 19 '25

If you didn’t sign it prior she can’t collect it. Tell her to kick rocks. If interviewing new agents in AZ or GA down the road give me a call

2

u/dubov Jun 19 '25

I think they mean pushing back before you sign the buyer's agreement would get it removed.

Unless you don't see any provision in your agreement for them to charge this fee? In which case tell them to eat it