Housing Pain: Broker Allegedly Swipes Pills

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One more reason

Med-stealing by a real estate agent is pretty extreme and probably fairly rare.

But we can add it to the otherwise long list of reasons to avoid using a realtor altogether if you possibly can. Yes, these people advertise and "show" your home. But if you can somehow lasso a potential buyer and convince him/her that you will sell the house at appraisal minus 6% (giving all the commission savings to the buyer), you have a leg up. Not only that, the buyer will bend over backwards trying to work with you on closing and details if you do this TRUTHFULLY. In this buyers' market, the agent is going to pressure you to be "flexible, competitive, aggressive, etc. etc." on price anyway. The 6% lasso-a-looker fee is the place to start, if you can. The buyer needs it more than the agent does.

Daniel David of NM @ Jul 18, 2008 15:38:46 PM

People wandering through your home

We always tell our clients to secure all valuables, and prescription medications, when their home is on the market. In theory this is to protect the seller from potential buyers with "sticky fingers", but yes there are also agents out there who may steal things.

It's especially important in open house situations where there may be multiple people walking through your home at the same time. There is no way an agent can keep an eye on everyone (and this is just one of several reasons we don't advocate holding open houses).

This broker apparently has an addiction problem, which is sad. That doesn't excuse his actions of course. But it can be prevented. Keep your meds with you, or lock them up.

Jay Thompson of AZ @ Jul 18, 2008 14:55:13 PM

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The Home Front

The Home Front

Associate Editor Luke Mullins tracks the treacherous housing market and explains how to unload a five-bedroom McMansion or even find that dream home.

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