Fake News Isn't Limited to Politics

Hi Bill -- ah, yes, those alternate facts can be a bit bothersome in the world of real estate.   

And how about faking something by not mentioning it? Like mentioning that the condo yes, in oceanfront building, but the unit itself does not have water view... And getting someone to come under false pretenses

BLiz- figures are thrown out by some and treated like facts.  It is so important for agents or anyone in business to present the true facts and stats. 

Liz and Bill Spear  I have heard this song before oops I mean news . Yes that is our job to clear up fact from fiction

The is more bad information put into the system than true information.  Hearsay gets carried away.

I heard the roof one myself today...Yes it is roof metal, it was old style pool barn tin.

Uh, YEAH.....and let's throw "misrepresentation" into the mix, since that's often what realtors do, as in the example of the 4th bedroom that you mentioned with no egress. I had an agent who took over a listing of mine because the seller wanted me to put "lakefront" and I was quite clear that it was in fact NOT lakefront, that his property didn't have a physical boundary that his home connected to lakefront, so I couldn't in good conscience describe it that way. And my agency had sold him the property long ago and it was not represented as that then, either. The new listing agent put "lakefront" and I knew that if I called her out on that it would present problems down the road. So! I brought great buyers and told them right up front that it was NOT LAKEFRONT and they were completely okay with that. To this day, I never called out that realtor, but boyhowdy, I'd really like to. 

Bill: Separating fiction from fact can be a tall task. Having an agent like you to help navigate those waters is a smart move for both buyers and sellers in the Cincinnati area.

I got a couple chuckles out of that article but it's absolutely true. Here's the greatest one: But Zillow said...  ;)

Your examples are perfect!  Your posts are always excellent. -Kasey

Ha ha! Remember when they used to call this real estate puffing?

Oh, this got me laughing...also reminded me of a client who insisted a "buddy" (isn't there always a buddy?) who bought a house in a certain neighborhood for $xxx.  I blurted out, "he's lying" before I could stop myself...since I had dug in, I also bet him $100 I could prove it, too, which I proceeded to do...His buddy lied by about $200k, but I graciously declined to take my client's 100 bucks.  LOL  We had a great relationship, so it was all in good fun, but I do try not to blurt out things before I have a chance to think. 

Hi Bill - Overenthusiastic property descriptions are not a rarity, and it's our job to ensure that our clients don't waste their time unnecessarily and fully understand the true nature of the property they're considering.

Excellent analogy, Liz and Bill Spear ... Real estate (and mortgage) info, is just like political and world news in another way too.  Once the bad/incorrect info is out there, the damage is done.  Much harder for professionals to erase or negate the wrong info then present and teach the correct info in the 1st place ... 

Gene