Legal Question in Real Estate Law in California

I have a piece of property and an investor and I agreed on a price for them to purchase. I involved a realtor to make sure everything was done properly but the seller is refusing to purchase as long as a realtor is involved. How can I go about protecting myself in this transaction?


Asked on 2/25/11, 2:54 pm

3 Answers from Attorneys

George Shers Law Offices of Georges H. Shers

Your question is confusing. The seller would be selling the property not purchasing it. A buyer might point out that if there is no realtor involved that the seller could drop the sale's price by 4% and still make more than if they had a broker representing them. Please restate your question and explain what the objections to the sale are.

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Answered on 2/25/11, 3:12 pm
Anthony Roach Law Office of Anthony A. Roach

I agree with Mr. Shers. Your post is confusing. If you own the property, you are the seller. Are you saying that you now refuse to deal with a realtor?

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Answered on 2/25/11, 5:34 pm
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

I'm going to assume you meant to say "buyer" and go ahead and answer. I can only think of two reasons, or maybe they are categories of reasons, why the buyer would object to the participation of a licensed salesperson (agent). The first is as Mr. Shers states; that the buyer thinks you can sell for a few percent less and still come out money ahead if you don't use an agent. The other reason might be that the buyer is planning to do a deal that is not fair or beneficial to you in some way or other, and is afraid that the agent will figure out his scheme and tip you off. This would be my particular concern if you have already agreed on the price the buyer is to pay.

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Answered on 2/26/11, 5:25 pm


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