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#1 Posted : 09 November 2018 09:06:05(UTC)

Rank: Advanced Member

Joined: 29/11/2017(UTC)
Posts: 148
United States
Location: New York

Real Estate agents are no guarantee

Some agents will claim that by using their services buyers are protected from any misrepresentation as any disputes can be taken to a real estate tribunal. Unfortunately this is not the case. Agents found to be making false claims about a property will often claim that they are acting in good faith on the instructions of the owner therefore they are not guilty of misrepresentation. Members of these real estate tribunals are often chosen by the real estate industry and unsurprisingly dismiss many complaints brought before them. I wonder how many convictions you would get for armed robbery if bank robbers were allowed to select the jury?

For Sale By Owner sellers have room to negotiate

One of the main reasons that buyers chose to buy properties for sale by owner (or private sale as it is known in Australia) is that they know the owner can be more flexible on the price and both the buyer and the seller can still end up better off. As the owner is saving on the real estate agent's commission (sometimes this can be as much as 3%) they can sell the property for a lower price and still end up with more money in their pocket than they would have had they used an agent.

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#2 Posted : 12 November 2018 08:08:44(UTC)

Rank: Advanced Member

Joined: 27/09/2018(UTC)
Posts: 7,844
Location: delhi

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