Buyers and Sellers Beware of Michel
Henderson,#2Author of original report
Sun, January 01, 2012
Buyers and Sellers. Beware of doing any real estate transactions with i Realty Properties broker, realtor Michelle Chauvin, located at 2831 St. Rose Parkway Henderson, Nevada, Suite number 233.
Michelle Chauvin signed a legal real estate transaction with me during the hottest real estate market in 2005. She wanted a 6% commission to sell my house appraised at $600,000 free and clear.She accepted in writing 5% commission. If she didn't like the 5% commission, she didn't have to take it. I kept giving her extentions because she wasn't showing my house. I couldn't figure it out why? Finally, Michelle Chauvin blew the hot real estate market for me. It took me five years to figure out why she never showed my house. After the market crashed, other listing agents did the same thing to me, because they all accepted a 5% commission, but took buyers that called on my property to where they could get a 6% commission. The domino effect of having the hot real estate market blown for me by this back stabbing realtor, is I am now in a reverse mortgage which has taken almost all of my equity. If Michelle Chauvin had shown my house, it would have sold fast. Then, I would have been on my merry way. Instead, Michelle Chauvin caused me financial devastation. May she rot in hell.....
Monica
Vancouver,#3Consumer Comment
Sat, December 24, 2011
How many times are you going to post this TRIPE? It is time to move on with a lesson learned.
Buyers and Sellers Beware of Michel
Henderson,#4Author of original report
Sat, December 24, 2011
Michelle Chauvin can't think of anything else to say except," I guess your lawsuit didn't work out." I wish the statutes of limitations hadn't ended before I figured out what Michelle Chauvin caused to financially devastate me. Then, I would have had a very big lawsuit on her. Maybe, she will feel guilty for destroying me financially and make a claim on her "errors and omission insurance" that realtors and brokers have to have? It would be great if she had the courage to make a claim on her errors and omission insurance. I would get well financially and be able to pay off this horrible reverse mortgage that has eaten up almost all of my equity that took me forty years to acquire.
Jim S
Anaheim,#5Consumer Comment
Sat, December 24, 2011
It wasn't the commission - you asked too much for the house. It's funny you blame this agent, but what about the other agents prior to this agent; why responsibility do they have? The Real Estate market was done in Vegas (and Henderson) by late 2006; you may not like it, but I was an investor back then, and I remember saying NO to any real estate deal in Vegas, even though others I knew said yes. Just exactly what responsibility do you have in buying a Lexus before your house was sold?? Just how much responsibility do you have in lying to people here when you claim you have a FICO score of 850 (the highest score anyone can have is 840, otherwise it's not a FICO score)??
I now teach a personal finance class to high school seniors first starting out on their own, and I printed your original story on ROR when I first read it, and handed it out to my students as an example of (1) what not to do with money, (2) the importance of finding a professional who knows something about money before you get into a situation like this, and (3) how people rationalize and lie to themselves to justify anything they do. Yours is a great case study and my students get a lot out of what happened to you.
Do I feel bad for you?? Absolutely. I mean you're out $600K, more or less, for a littany of bad choices, including (a) retaining the agent much longer than you should have, (b) the Lexus, (c) the Reverse Mortgage on a home with a falling value. Is it the Real Estate agent's fault?? To a point; she has the duty of selling your home, but if she doesn't show your home, you had the choice of exiting out after four months. At this point, bankruptcy may be your only way out of the credit mess you're in, and since your FICO score is already trashed, there is little lost at this point, except the house, and that's pretty much gone anyway...
Disclosure: I don't know the realtor, I don't work for the realtor's office. I don't live in Nevada.....