We listed our home with ERA. (We have bought and sold several properties within the past few years, so we understand the real estate process.)
Over the span of 4 months, our realtor called us, and NEGOTIATED prices with 4 potential sellers. He would call, we would verbally counter, then we would reach an agreed upon price.
However, none were EVER in writing....and each time, after negotiating via phone and text and agreeing on a price, the sellers would walk away.
Why were these NEVER in writing? All of the other reality companies we have EVER used received written offers, and required earnest money.
As mentioned we have bought several properties, and each time we MADE an offer to buy a house, it was always in writing.
Why was this not the ERA practice?
IF our realtor had gotten these offers IN writing, we would have sold our house.
The property was vacant for 3.5 months. We decided to move back in and instructed the realtor that there were to be NO more showings....he responded with "OK." At least 4 realtors showed up at our house while we were there..no appointment...just walked in. The property was STILL listed as vacant on the agents' properly search database. He never updated it.
Huge disappointment. Go with one of the other bigger reality companies....they do it the RIGHT, LEGAL way.
Worst experience ever dealing with a reality company. read more