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Realtors, listing accuracy please

Profile picture for BayWind
Contributions: 465
I have been in sales for 15 years, this stuff makes me shake my head:

Why do you miss represent the property? One of the most frustrating things about the MLS is a condo listed as a Single Family Home for example. Or a tear down being listed as ready to move in.

Why do Realtors advertise a house with either no picture, or an unflatering one? I know it might be all you have at the time, but if it is still for sale in the summer, why not a spring picture? When I see a shore house with a picture with snow.....
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August 04 2007 - US

Replies (13)

It's the difference between good agents and bad agents.

There's a property I'm familiar with that is a 2 bedroom/2 bath property. It was listed at first as a 4 bedroom, then a 3 bedroom. It was listed at first as a 2 car garage, when it's only a one car garage. It's in a price range where it should sell within 60 days, but it's been on the market over 8 months. I spoke to the tenant who was there and he said people would be in and out in no time. That's what you'd expect--all they had to do was count the bedrooms and they were done.

Or similarly, my wife had a listing in a newer condo project where most, if not all the resales attempts failed. In many of those attempts the agents were listing them under residential, and many were also listing the bonus room as a bedroom. People would come out looking for a 4 bedroom house and find a 3 bedroom condo.

Anyway, misrepresenting the property is just plain stupid.
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August 04 2007
I'm surprised no one else has commented on this.

I just looked at a 4 bedroom advertised as a 5 bedroom, and the thing was just listed before in a failed listing, so obviously the agent would know that the number of bedrooms truly is!

I'm interested in buying that one myself, so I'm not that disappointed. It just means I'm less likely to get into a bidding war!
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August 04 2007
Real estate agents do at times make false statements in their advertising?most of them mistakes, but I suppose some of them are intentionally misleading. There?s no excuse for either in my opinion.
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August 04 2007
Misleading listings, inaccurate info and bad pics are amongst my pet peeves, too. It makes me wonder why these agents are still around and how they get any homes sold with such "fantastic" marketing skills. Bad pictures are worse than no pictures in my personal opinion. Pictures are supposed to help sell the property not hurt it. When you have to ask, "what is this picture supposed to be flattering?"...well you know.

Yes, we want to paint the home in the best light possible, but please, please please be accurate when you're doing it.
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August 09 2007
Profile picture for bythenbrs
Contributions: 20
My most recent experience with a realtor was with an MLS listing that my wife and I were looking at for a second home purchase. The MLS listing stated 3/4 bedrooms but the septic system was sized/rated for 2 bedrooms only and could not be upgraded or enlarged. I discovered this by contacting the county health department and obtaining a letter on file authorizing the remodeling of the home but limiting the present owner to retaining the present septic. Replacement or enlargement would not be permitted.

I pointed this out to the listing agent after uncovering this discrepancy. The MLS listing remains unchanged today. This does not inspire confidence in the profession.
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August 09 2007
Sadly, this is where there are law suits and the number one issue againt the real estate industry are non-disclousure issues.

Dont forget there is a broker that also shares in liabilty with his or her agents.
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August 09 2007
bythenumbers, you probably should have contacted the agent's broker, and if that didn't work the local MLS, the local Realtor association and the Department of Licensing (or whatever the licensing entity is called in your state).
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August 09 2007
Profile picture for bythenbrs
Contributions: 20
Kary,

I have seriously thought of this. I still hope to purchase a second home in this lake community and I don't want to make it more difficult to purchase in this specific market by being the individual that "turned in" a realtor to the state's department of licensing.

If I end up purchasing in a different lake community, I will not hesitate to do so.
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August 10 2007
I really don't think other agents would hold that against you. There's probably a better chance they would appreciate the fact that you did that.
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August 10 2007
I agree with Kary. You should turn him/her in and any agent who did get upset about it is probably an agent you wouldn't want to be doing business with anyway.
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August 10 2007
Profile picture for Alan May
Real Estate Agent
Contributions: 4051
and I agree with Lisa and Kary...
besides, you can report them anonymously to the board.
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August 10 2007
To follow up on this, with a poor analogy, do you think that a sports star appreciates others in their sport using steroids? The same would be true of real estate agents. The decent ones don't like those that don't follow the rules.
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August 10 2007
Yes, we are just like another people........but one things making a big different......a lot's of agent get into to the business when is our market was "very easy", now market is change, but a lot's of agents, brokers cannot. I agree and I feel like this kind of people loosing all of us time and not doing the JOB. Lisa right about bad pictures, that's a reason why I'm using photographers. You have to understand, they want to do business, but they think if they' don't put pictures on, make people wonder and have more visitors.
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August 11 2007
 

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