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CAN A MORTGAGE BROKER SUE A REALTOR?

Posted on: 06th Feb, 2010 03:20 pm
Hello everyone,

I am a Mortgage Broker in Miami, FL and I recently had a client/borrower/buyer who I had been working with for 10 months. We had been thru a lot together, failed short sale after failed short sale. On the last home, it was a go and I had her redisclosed, all signed up, approved, locked, appraisal completed, etc.

Well, the new realtor she had found was very difficult from day one and I could tell she was trying to make me look bad. She was questioning me on rate and costs non stop and in the end was able to steer my client to her in house lender. I even offered my borrower a lower rate, but she had worked to make me look like such the bad girl that my client suddenly stopped returning my calls and emails.

I had a great relationship with my borrower and more time and effort invested in her than any client I ever had before.

My question is: Who could I sue for my Broker Fee?

Can I sue the realtor for: Tourtious Interference of Contract or Coersion?

I really need advice on this matter as I just can not afford to just walk away from 10 months of work without compensation from either my client or the $%^& realtor!

Any educated advice would be greatly appreciated!

Thank you,

Sam
That's the way our industry is - it happens to all of us. Your only legal recourse is if the Realtor Slandered you.

Why did she get a new Realtor? What was wrong with the previous one?
Posted on: 07th Feb, 2010 12:58 pm
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