hausdok Posted April 2, 2006 Report Posted April 2, 2006 This March 16th Article from the Pulse of the Twin Cities describes the nightmares that first time, low income Latino buyers experienced after dealing with an unethical real estate agent who went so far as to fraudulently certify that homes had been inspected. Read More...
n/a30 Posted April 4, 2006 Report Posted April 4, 2006 It is no secret that agents look for targeted customers to unload problematic properties. If they have a property to unload, it might be dumped onto the unexperienced buyer. The targeting may have more to do with education, knowledge and common sense than a race. Obviouslly some people are more succeptable to persuation and unethical manipulation than others. Understanding the business language, including legal jargon, can be a problem for some consumers. The public trusts the agents and others to work in the plublic interest. That is far from the actual reality. The trust can be misplaced in shady practices. Sometimes the agent is actually loyal to the buyers and sellers interests. Ultimately the agent is just tasked with moving the merchandise reguardless of its condition. May the buyer beware.
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