There should be no conflict of interest with your real estate agent. They should work for you and look after your best interests, not the best interests of the home seller.
Houston, TX (PRWEB) May 20, 2013
PropertySearch.us.org hopes to educate their customers so that they do not become victims of ripoff real estate agents, the company said yesterday.
“The majority of real estate agents are good hard working people, a company spokesman said. “But, there are ripoff artists out there. We want people to be able to avoid them.”
Most real estate ripoffs happen because consumers don't know how buying and selling real estate really works, the company said.
“One ripoff is that the real estate agent says they have to charge the buy a commission on the sale,” he said. “If you didn't know any better, that might seem fair. But, the commission is actually paid by the seller. If a real estate agent tries to double bill the commission, it's a ripoff.”
Another ripoff occurs when the real estate agent covers up problems with the home simply to make the sale.
“There should be no conflict of interest with your real estate agent,” he said. “They should work for you and look after your best interests, not the best interests of the home seller.”
One of the ways this ripoff works, he said, is by steering you to property inspectors who are not looking out for you.
“They'll pay a property inspector to give a good report on the house no matter what condition it's in,” he said. “You don't find out about problems that will be expensive to fix until after you move in. That's a ripoff.”
PropertySearch.us.org is the best resource for searching home and property records in North America. With one of the most extensive databases, the company's number one commitment is to help real estate consumers find the reports they are seeking. Visit PropertySearch.us.org to chat with a live representative, call 1-866-434-4253, or email Manager[at]PropertySearch[dot]us[dot]org with any questions or concerns.