If I Sell a House to a Realtor, Can They Change the Paperwork so They Get a Commission?
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Summary
Is it legal for a buyer who is a realtor to change the escrow papers to make it appear that the buyer is someone else, in order to by pass taxes and make a commission? |
“Is it legal for a buyer, who is a realtor, to release the seller from escrow with him and then on the escrow papers assign the seller as seller to a third party buyer, in order to by pass taxes and make a commission? Am I being taken?”
I’m not sure I understand exactly what the Realtor has done in your situation. Are you the seller? Are you getting any less money than you expected to under the original deal?
I would suggest contacting the state agency that licenses real estate professionals in your state. Most have a consumer help line which can get all the necessary information on your case and let you know whether there is something wrong.
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For more on this subject check out these categories: Real Estate, Contract Law
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State laws vary, and the above is intended as general advice, and not direct legal advice regarding any one particular situation in any one state. For direct personal legal advice related to your own situation you should consult an attorney familiar with the laws of your state and with your situation.