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Report: #362622

Complaint Review: Remax/ Keith Fleischer - Fort Lauderdale Florida

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  • Reported By: Fort Lauderdale Florida
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  • Remax/ Keith Fleischer keith@hometownreo.com Fort Lauderdale, Florida U.S.A.

Remax/ Leslie Kanfer & Keith Fleischer Beware of their Dishonesty & Unethical Practices Fort Lauderdale Florida

*General Comment: Common Practice

*Consumer Comment: This is NOT Dishonest or Unethical Practices!

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Keith Fleischer realtor for Remax listed a house for $119,000 (foreclosure) on another website he listed for $111,900(foreclosure) on 8/8/08 the same day the house was listed I put in my offer for the $119,000 (the highest price) submitted my approval from my lender, the "As Is contact with the time for acceptance 8/12/08 and the down payment to a title company.

On 8/12/08 my realtor forward to me an email from Leslie Kanfer which Keith was CC on it, this is what it said" due to the influx of offers received, the bank is requesting a highest and best offer from each potential buyer. These highest and best offers will all be reviewed and considered by the bank tomorrow afternoon, close to the end of business.

Please have the highest and best offer from your buyer submitted to this office via fax or e-mail by 2 pm EST tomorrow to allow processing time.

This is what I replied (I did not believe it was the bank's tactics but Leslie & Keith's tactics):

I find it to be bad business practices for a bank to expect me to make a higher offer than what they are selling the property for, due to influx of offers; they should have put it on an auction. Since my offer is what the bank was selling the property for; I will not be changing it.

On 8/13/08 evening this is what Keith Fleischer claims was the decision of the lender :

As you are aware multiple offers were submitted on the above unit, while we appreciate all of your efforts the seller has accepted another offer.

_________________________

I have a few friends that work at different banks;I know lenders may get an influx of offers on the same property; I also know they have a system in place to determine who's offer they will accept when they receive multiple offers at their asking price. They will not be asking a Realtor to get the buyer's to bid higher than their asking price.

This is Leslie & Keith own scam. They have their own ( no good) personal hidden agenda. Beware of their scam.

Thank God I can sleep well with a clean Conscience can they & for how long?

Comfort

Comfort 4 U
Fort Lauderdale, Florida
U.S.A.

This report was posted on Ripoff Report on 08/13/2008 05:26 PM and is a permanent record located here: https://www.ripoffreport.com/reports/remax-keith-fleischer/fort-lauderdale-florida/remax-leslie-kanfer-keith-fleischer-beware-of-their-dishonesty-unethical-practices-fo-362622. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
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#2 General Comment

Common Practice

AUTHOR: CommodoreC - (United States of America)

POSTED: Monday, November 23, 2009

Hi,


 


I actually have nothing to do with these two realtors- don't even know them.  However, I am a local Realtor and have been since 2003.  This "highest and best" is actually very common with foreclosure listings, and it does come from the lender.  They send out multiple disclosures and addenda with all of this info.


The multiple listings with different prices I find odd.


 


Hope this helps!

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#1 Consumer Comment

This is NOT Dishonest or Unethical Practices!

AUTHOR: David Eiglarsh - (U.S.A.)

POSTED: Thursday, September 18, 2008

I'm sure your experience was frustrating but the facts that you present are typical of REO (foreclosure) work. I am one of the top agents with RE/MAX in the country and have been for many years. I am also a national speaker/educator with 2 of the finest and most credible organizations. I also specialize in REO/Foreclosure work.
I'd like to comment on your complaint issues:
1) It is not uncommon for a property to be listed on one site at one price and a different price on another. Many of these sites (including Realtor.com) download their data from other sites (like our MLS system). This download may happen only once a week, or sometimes less frequently.
2) With REO properties, it is very common to have multiple offers on a property. Today we had 4 on one condo (2 at full price), and 2 offers on another property. All of the banks I deal with require that I notify all prospective buyers with similar language that you state in your complaint. Furthermore, banks often price a property low to get it sold quickly. It is their intent to generate the most interest quickly. It is not uncommon for buyers to bid it up above asking price. Certainly you can't forget the real estate market from 2000 to 2006, where most agents wouldn't even entertain an offer unless it was at least full price!
3) Regarding your suggestion that the bank put it for auction, auctions appeal to the smallest audience, typically only investors. Listing the property with an agent generates far more exposure and often full price or higher offers. Keith's response to you was proper. I'm sure if you check the tax role, you'll find that the home you were interested in, did sell for more than your offer.
It is unfair for you to make libelous statements about Mr. Fleischer, or any Realtor based on similar facts. It is also potential grounds for litigation, and demonstrates an incredible amount of ignorance on your part. Posting defaming comments about someone based on "sour grapes" is inappropriate. I would recommend you research the REO field, specifically the transaction you are referencing and I'm sure you'll find that Mr. Fleischer did nothing wrong. I would then encourage you to remove your post. I also think it's cowardly not to put your name in your post. Regards, David Eiglarsh, Realtor
PS: Although not relevant, I know Mr. Fleischer through the real estate profession and know him to be an upstanding, hardworking professional.

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