AFY Max Hahne - Biz-Card V1 Canada - 2492

vanished, but the agent reported their extended family verbally abused her, the sellers, and the buyers’ agent. The agent now makes sure she verifies proof of funds and prequalification letters.

Homes Not Researched

In a transaction without the involvement of real estate agents, a woman purchased a rural home. She found out two years later, at the time she went to list the home, that it had once belonged to a person who was in jail for producing methamphetamine onsite! The revelation also obligated the homeowner to take the necessary steps of decontaminating the home and ensuring it was fit for resale, costing her a whopping $16,000 in the process. Homeowners were selling a starter home, circa late 1990s. They were asking $235,000. When they received a $226,000 offer with several buyer demands their agent prodded them into strongly considering the offer. Ultimately, they sold for $228,000 while honoring the buyer’s request at the behest of their agent. Pre-housing crisis, homes in this neighbourhood were selling for between $550,000 and $600,000. “In hindsight, I felt that I’d been negotiating against three people—the buyer, his agent, and his own agent,” said the seller. This is no way for a seller to feel. Pressure to Sell from Your Own Agent

85

Powered by