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Real Estate
Reply to "Biggest RE lessons learned/mistakes made"
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[quote=Anonymous][quote=Anonymous]Do not trust realtors. Even if you've done extreme due diligence, interviewed a few, and picked one that comes with great referrals from people you know. Just don't trust them. They are playing with your money, and their incentive is much more to push you fast and to either bid high (if you're a buyer) or accept a low offer (if you're a seller). Get their input, but verify it is what is actually best for you. Read the chapter in Freakonomics about realtors if you want proof. [/quote] My neighbor, a realtor, pretended to be a friend for 8 years while I lived in the house. I figured I would use him to sell when ready. After I signed the paperwork, he began pushing for selling to the latest/lowest bidder. Day of closing, he somehow altered the contract to include some additional BS fees. I called him out on it, his face turned red, and everyone around the table was disappointed in him. terrible experience. After the house sold, both him and his wife gave me the cold shoulder as if we are now strangers. what a long con he played. [/quote]
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