2006-12-11 13:46:32 · 8 answers · asked by FRED F 1 in Business & Finance ➔ Renting & Real Estate
Go online and learn about things that they are suppose to do for you and see if they're doing it!!! There is a world of information in the world wide web!
Because the only way anyone can cheat you is if you let them!!
2006-12-11 16:01:18 · answer #1 · answered by ALEGNA 3 · 0⤊ 0⤋
I'm a Realtor, so I'll answer your question. Find an agent by getting referrals from friends you trust, make sure they're members of the National Association of Realtors (we have to abide by a code of ethics,) get everything in writing and be sure to READ IT, and if your gut tells you the person is no good, fire them.
However, it's pretty hard to "cheat" a client. If you are the buyer you don't pay your agent, the seller does, so how could he cheat you? If you are the seller and he wants to charge you a 12% commission, all you have to say is no. Your agent cannot force you to do anything unless you have already agreed to it in a contract, so be sure to read what you're signing. Our goal is either to find you a great house you can afford (and get paid) or help you sell your home quickly (and get paid.) That doesn't make someone a crook or a liar. And if you do find someone disreputable, report him to your state Department of Real Estate.
2006-12-11 23:37:39 · answer #2 · answered by operababe_61 3 · 0⤊ 0⤋
If he/she is a real estate agent than it's likely they want to make money. We all do. Many of them will also cheat you, and see it as just business .
You can call a real estate agent and they will promiose to get you the cheapest price if yuou are buying and the highest price if you are selling. They can do that for both the buyer and seller. so real estate agents usually go for the highest price as tha tis what they get paid on.
Most Brokers get 6% fees (that's 6% of the gross sale)for houses and commerical buildings, and 10% for farms (10% of the gross sales).
If an agent sees a bargan he may list the price much higer than it will sale for and offer you much less than it is worth after it sits there a while.
I once missed a good deal because I found out the agent did not even give the buyer my bid.
It was a house that would have to be moved, and the owner eventually had to pay someone to tear it down when the real estate company could have gotten him 12,000 for it.
You really have to stay on top of them. They are known to offer friends and relatives properties at a bargan or even buy it themselves.
2006-12-11 21:58:22 · answer #3 · answered by Anonymous · 0⤊ 0⤋
first of all you don't make much sense.And second, everyone has a job and makes money. If you feel you are being cheated , get another agent. its a free country, and you can have any agent you wish represent you.Ever heard of looking out for yourself and shopping for the best deal. you can shop for an agent as well. I suggest you interview at least 5.
2006-12-11 23:25:11 · answer #4 · answered by jassy 3 · 0⤊ 0⤋
One way to tell is by the type of loans they recommend. If they recommend that you get an ARM, balloon, or interest only loan, then they are probably not on your side. They just want to get a deal done.
If they are constantly showing you houses that are too expensive for you, then they just want extra commission...they are not helping you.
2006-12-11 21:56:39 · answer #5 · answered by KC 4 · 0⤊ 0⤋
You are going to add more details. Are you the buyer? seller?
If you are really worried skip the agents (I do) and use a broker directly.
2006-12-11 21:49:45 · answer #6 · answered by Landlord 7 · 1⤊ 0⤋
Huh?
2006-12-11 21:49:09 · answer #7 · answered by Anonymous · 0⤊ 0⤋
They only are lying when there jaws are moving.
2006-12-11 23:04:57 · answer #8 · answered by Anonymous · 0⤊ 0⤋