Q: I was grossly misrepresented by my listing agent. I feel I am being taken advantage of. How can I canx
I was met by two realtors working together. They pumped me up like a car salesman as to how easy the sale would be and the price I was asking was almost guaranteed. Signed with them. 4 days later she wanted to drop the price. I agreed to on the 7th day. We dropped by 11k. She wanted to drop an additional 20k. We didn't. Received an offer dropping the price an additional 5 k. We rushed into signing because "it really was the best deal I could get" . I asked for concessions for moving out after the closing. Upon finding that I'd have to pay rent for a few days, it began to bother me. I was giving them a house and 5 acres in town at next to nothing. They'd asked me to leave my fence up, and the contract read that I'd be leaving household things that I openly stated that I wouldn't. Then, I found out that the person buying the property was her own realtor. So now, I'm paying all of the closing costs (her commision) and selling 12500 less than I'd wanted.
A: If you feel that your broker committed a breach of duty you are free to hire an attorney and file suit. Contact a couple of attorneys, but unfortunately you might find it cost prohibitive. Some causes of action, such as Missouri's Merchandising Practices Act, however, allow a prevailing plaintiff to recover reasonable attorneys' fees. You need to make sure your contract does not have an arbitration provision.
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