I Know Too Many Things Wrong With This House, So You Better Show It

By
Real Estate Agent with Resident Realty FA.100079118

I was out with an agent on Friday to observe him during listing appointments. During the appointment, the seller said quite a few things that made me jjts about do a spit-take.

I felt that one in particular illustrated England's primary problem with the way they handle the real estate industry.

In England, it is pretty common for agents not to show the houses to potential buyers, but rather have the seller show the property themselves.

This particular agency charges a low, flat rate listing fee rather than a commission; they also charge extra if the seller wants their agents to handle the viewings.

When the agent got to that part of the listing pitch, the seller said "I know more than you do about the house and what problems it has, so I think you should handle the viewings... I'll be too honest".

This was after ahe pointed to a large spot on the wall where moisture was penetrating from outside so badly that the paint had come completely off the wall and there was a wet spot about 6 feet high by 3 feet wide, and said she planned on putting wallpaper on it to cover it up.

After the appontment, I asked the agent how he felt about the seller and the fact that she plans on concealing the water damage. He was not at all concerned about it. He went on to "educate" me on "caveat emptor".

 

Comments (1)

Margaret Goss
Baird & Warner Real Estate - Winnetka, IL
Chicago's North Shore & Winnetka Real Estate

Wow - that's awful. We may have a lot of regulation here, but it helps the consumer and keeps the agent out of court.

Jul 24, 2017 09:28 AM
Kevin Ray

Yeah the Brits pretty much all hate the way the agents work in England, but nobody is doing anything about it. They could definitely benefit from a lot more ethical oversight.

Jul 24, 2017 11:50 PM

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