COLDWELL BANKER --BEWARE

avendre1065

Seller Beware.

Coldwell Banker signs are everywhere.

The game is monopoly with a  "short, savage, kill" , regardless of the Seller.

Better try a smaller local realtor for market knowledge, " kinder" treatment, and lower commission.

Poor judgement, aggressive coercion,  misrepresentation, and hostile tactics by Short Hills CB won’t win market share.

Pushing a poor faith buyer over a creditworthy counteroffer cost CB three friends’ home sales in Maplewood and South Orange.

The Agent even neglected to request a higher competing bid from the better offer--

instead, insisted on signing the offer without attorney’s review.

The Better Buyer purchased another home a month later.

I lost:

  • a faster closing ,
  • higher starting bid,
  • Higher counter offer
  • higher qualifying mortgage,
  • an additional month of real estate taxes.

I am so sorry to have used Coldwell Banker.


shh

we recently had a "great" experience with them, so maybe it was the agent? I'm sorry for your bad experience. There are bad apples in every basket. I hope it all works out for the best. 


spontaneous

I agree this sounds like the agent.  Pushing to sign without attorney review is not something I can see a reputable office doing as normal business 


Formerlyjerseyjack

The complaint goes to the Real Estate Commission. I believe the local is in Maplewood, on Millburn Avenue.


I believe you can sign the agreement and then take it to attorney review. Your attorney has three days to review and counter or reject. That was probably written on the contract. I don't think you have a valid complaint on that issue. 


Regarding, not presenting an offer or counter-offer, that is a different matter.


If you file a complaint, be specific if the complaint is with the licensed sales rep. or the broker. They may be different people. The broker may not even be aware of what the sales rep is doing.


LOST
Formerlyjerseyjack said:



I believe you can sign the agreement and then take it to attorney review. Your attorney has three days to review and counter or reject. That was probably written on the contract. I don't think you have a valid complaint on that issue. 



 That's the way it works.


mammabear

I’m kind of confused what happened? You were guided to accept a lesser offer? And how did attorney review not happen? 


conandrob240

these kind of situations are 99% realtor caused and not agency-wide problems. Whatever happened, I’d definitely speak to the owner of the Coldwell Banker branch where this agent works though if you are that unhappy.


spontaneous

I took the OP's description to mean that they signed and skipped attorney review altogether going straight to "under contract."  Although very rarely done for obvious reasons, it is legal to do so in NJ.




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