Reply to Biggest RE lessons learned/mistakes made

Forum Index » Real Estate

Reply to "Biggest RE lessons learned/mistakes made"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

[b]My neighbor, a realtor, pretended to be a friend for 8 years while I lived in the house. [/b]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]

Thank you fro bringing this up.  This is a very common problem.  NEVER hire a "friend" or neighbor as your realtor.  Ever. [/quote]

Agreed. You'll be surprised at how many of the people around you are agents or trying to be. Dh and I toyed with moving for a few years and if ever it came up, agents appeared out of nowhere. People I wouldn't trust the care of plants were pushing to be our agent. [b] Every other sahm I know is trying to do real estate.[/b] [b]So many people will push themselves or a relative on you. Don't do it![/b]
It ruined my relationship with my salon guy because I wouldn't consider his brother who has exactly 1 real estate transaction.  Because of the nature of the work, agents, particularly those starting out, have the deportment of a late night tv telemarketer or televangelist. [/quote]

Every SAHM is a "realtor".  No thanks. [/quote]

But only after they fail at MLM and staging [/quote]

Not all realtors are bad, but do not go with a "neighborhood" realtor, or a "friend" or relative.  Ever. There wis also a poster that REALLY hates realtors, and must have been burned rather badly.  Use one or not, but a few are quite good at what they do.  If you can't afford one, fine - but there are a few good ones. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics