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I Feel Cheated After Months Of Hardwork, I Need Your Opinion - Properties - Nairaland

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I Feel Cheated After Months Of Hardwork, I Need Your Opinion by flywaterbo: 1:07pm On Nov 11, 2015
Hello my dear nairaland family world wide. Thank God for bringing us this far in 2015 and HE will take us far Higher. AMEN.
To whom it may concern:

*Straight to the point*
What would you do if you were in a situation were you had a client who so needed a house for sale after searching for quite sometime, he got nothing. *not mentioning any names* Realtor or no Realtor pls help me.

This supposed buyer need a 4bedroom semi detach house with 1room bq and had 35m for the house in an estate around chevron that's the area we could try searching for a terrace not duplex for that amount, at that amount but we couldn't secure it. I recalled my client wanted to sell his house off so he could commence other projects.

It was almost impossible if not after a week of constant calls and friendly discussions, the owner agreed. The privately developed house was been sold in lekky county estate, valued at 45m and after much he heeded after days of constant discussion on why he should sell at N35m.

Earlier, the buyer was happy and said ahh! Bro if you could secure and convince the owner to sell at N35m, I'd give you an additional 100k asides the 5percent. I didn't care about the promised additional 100k but my 5% commission which we already had undertook an agreement for effect of agency fee after House documents has been transferred.

This was in August 2015, Now his finance wasn't even transfer or direct but a supposed bank finance that was to take 3weeks, I had to convince the owner that buyer is a serious man. Meanwhile the owner was in the UK, doing distant convincing was another ball game entirely.

This has been a very annoying, stressful transaction that has really weighed and stressed me out for months, but I no shout. smiley I can do all things through christ who strengthens me.

I had to be convincing the owner in the Uk that this man his serious and wants to buy, we were yet to hear from him since 2weeks after his offer for N35m was accepted. He said he was waiting for the bank to contact him with the ready funds, that they have opened the facility for him to buy the house that they would send their valuer to come and inspect the house. Now the story had changed after some of his bankers inspected and said a valuer would come for inspection. It was now a mortgage company handling the transaction. This now had turned to one month, owner was pissed that his giving this offer cheap and yet all this back and forth.

I was just in the middle of the tragic drama. The Buyer now sent a letter of exclusivity that the owner should remove the property off the market so he'd be convinced that as he has paid the bank to facilitate the transaction to buy the house and doesn't want the money to hang that he'd lost it because it wouldn't be refundable if he sells the house. The period that was to last was for another 2weeks.

I adviced him to drop money to commit some funds to owner so he'd believe he is serious, he told me he doesn't have that bank is financing I should just be talking to the owner and convincing on his behalf.

The owner was unhappy with me because he had been stressed with documents here and there yet no head and no tale and no commitment from buyer after 2months, He trusted my judgement and believed I knew what I was doing, how can in the 3rd month your buyer hasn't come through, even to commonly drop 500k to commit he can't. Before buyer put pen to paper was something else.

I still cajoled and professionally lead the owner on to know he is very interested. I had met the mortgage bankers and I inquired from them and they say *we are on it* they had been on it for months.

Even going to the head office to get documents which wasn't my business, as owner accepted 35m that's were my business crosses.
Basically, i was in the heat for 3 and a half months but didn't complain but I have to. Fast forward to yesterday : 10/11/2015 they exchanged documentation and the house key and buyer is saying the light connection, house transfer documents cost him like additional N4m and an Outstanding management fees on the house from year 2013- year 2015 and he paid that yesterday.

After handed documents I asked for my cheque because in the morning he told me that he'd sign Me a cheque because exchange, I asked for my change. He said change of plans that he used that money to pay for those fees and till tomorrow(today 12/11/2015) he call me for my cheque.

Last night(11.11.15) the buyer mailed a new agreement and said the old agreement is cancelled because I told him only after the transaction had started that there were extra charges.

That he'd pay 700k and that's after convictions.
I am a family man and have my own responsibilities, 3months took a lot.
I still have my agreement dated on 24/08/2015 that he acknowledged paying me 5% commission as soon as transfer of document has occurred.

My Brothers and sisters, if you were in my shoes and someone is ripping you off from your hard, stressed earned funds.
At the end of year you were expecting to get of N1.750m but surprisingly telling you he will give 700k, he actually said 600k before, what would you do? Seriously need your opinions.

Please, what would you do if this was on you?

Please help push to frontpage. Moderator, lalasticla if you are there, assist a brother!

3 Likes 2 Shares

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Bambless1(m): 1:09pm On Nov 11, 2015
Here To Read Comments cool Mr Lalasticlala Come And Help Your Brother From Another Mother.






Bro Collect That 700k Half Bread Is Better Than None.

3 Likes 1 Share

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by ashmanpolo: 1:30pm On Nov 11, 2015
By right you're supposed to get N5.25m from both Buyer and Seller. I think it's even constitutional. So let the buyer pay you. 700k is too small from his part. You have a written agreement. So take small money from the N3.5m commission by the seller and press charges.
Press charges as quickly as possible unless he begs you to take maybe N1.2m

Simple. I don't like greedy people

44 Likes 4 Shares

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by flywaterbo: 1:37pm On Nov 11, 2015
Owner is not even paying 5% and that we agreed because he really came down on that price of the house.
I really appreciate responses. Thinking what I went through those long dark months and the buyers none chalant attitude is really annoying and I just feel to state all this here because its better to think before acting.
All this wicked clients. What should I do, Mr lawyers, Barr. Sirs

2 Likes 1 Share

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by NinaTohBadt(f): 2:13pm On Nov 11, 2015
angry

2 Likes

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by AYOdeji2102: 2:13pm On Nov 11, 2015
Ok
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Nobody: 2:13pm On Nov 11, 2015
Mumuni.




go to chapel and pray for sense.
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Nobody: 2:13pm On Nov 11, 2015
.
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by MsGlobalwonder(f): 2:13pm On Nov 11, 2015
Not nice! I hate renegades! Anyone that reneges on agreement can't be trusted... it's left for you to decide what to do. Maybe this will teach you a lesson or two on how to deal with future clients. A commitment here and there should suffice. Meanwhile, can't you take it up legally? Just saying. It's quite disheartening tho, I get how you feel.

8 Likes

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by emmanuel596(m): 2:13pm On Nov 11, 2015
Carry everything to GOD in prayers
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Nobody: 2:14pm On Nov 11, 2015

7 Likes

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by PLANETMARS(m): 2:14pm On Nov 11, 2015
If I was in your shoes I would..........I wear size 32 don't think I can fit into ur shoes. That aside get a good lawyer and sue him asap. In other news dear nairalanders today is my birthday as usual so shower me with likes

20 Likes

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by dridowu: 2:14pm On Nov 11, 2015
Hmmmmm, oro yi su mi o bu yo si.



Am not a Lawyer, so imho get your 700k 1st, then press charges against him if you are lucky you , you might get the balance but if other way other way round then poor you.



All the best

2 Likes

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by damton(m): 2:14pm On Nov 11, 2015
hmmm.
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by braine(m): 2:14pm On Nov 11, 2015
Op, and you think this epistle of yours is straight to the point?? If you'll now write the entire story nko??

11 Likes 1 Share

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Nobody: 2:17pm On Nov 11, 2015
cry

1 Like

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by TechsNG: 2:17pm On Nov 11, 2015
braine:
Op, and you think this epistle of yours is straight to the point?? If you'll now write the entire story nko??

grin
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Chidexter(m): 2:18pm On Nov 11, 2015
I dont even understand the writeup.

Its not arranged orderly

5 Likes

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by flywaterbo: 2:18pm On Nov 11, 2015
I wish, buyer and seller are meant to pay 1.750m each but owner and myself had an agreement that due to the basis of negotiating to N35m for the house he wouldn't pay 5% (N1M750k)complete but I agreed now owner is telloing me his house excess charges is deducted from my fees because I didn't give him full info? I don't understand
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Nobody: 2:18pm On Nov 11, 2015
Queenfav

1 Like

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Adonis86(m): 2:19pm On Nov 11, 2015
take it to God in prayer.

1 Like

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by RexTramadol1: 2:21pm On Nov 11, 2015
CC: Afe Babalola law firm



CC: Femi Falana law firm








In short, file a suit against the bastard with that 700k.......an agreement is an agreement!

1 Like

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by ceeSleek(m): 2:21pm On Nov 11, 2015
This one is strong oooo!

* am i the only person who is clueless on this matter?! *

1 Like

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Spikkylee: 2:21pm On Nov 11, 2015
,
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Akynzodeighbour(m): 2:21pm On Nov 11, 2015
The buyer is trying to play a fast one on you, i think this is a normal thing done by people who are always desperate looking for house, they would say anything to get you convinced, when they get it, they will change mouth, next time, tell the buyer to include the the commission/agreement fee in the amount of the house, and the owner of the house should agree to it, and if there was a signed agreement before, hope you have his signature on it, threaten to sue him, he is probably doing this, because he knows you cant do anything or he sees you as being hungry, dont settle for less, all the best

6 Likes 1 Share

Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by pantless(m): 2:21pm On Nov 11, 2015
Folow Jesus..That's all
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by gen2briz(m): 2:23pm On Nov 11, 2015
ok
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by janeworld247: 2:25pm On Nov 11, 2015
ok
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by adedam007(m): 2:26pm On Nov 11, 2015
T
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Remyboyhefty(m): 2:26pm On Nov 11, 2015
grin
Re: I Feel Cheated After Months Of Hardwork, I Need Your Opinion by Dcaliphate(m): 2:28pm On Nov 11, 2015
pray, fast, meet a strong man of God, he will call u and beg u to take ur money

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