The Importance of Accurate Listings

By
Real Estate Agent with Long & Foster Hampden MD RE License 579412

The Importance of Accurate Listings

I went out to show three houses last night in the dark to some repeat investor clients.  They were all fixer uppers and we had good flashlights, we got into the first two but the third property the keys didn't work in the door so we weren't able to get inside.  All three properties have the same description, are listed for the same price and the agent told me they were all about 40% done and framed out.  

This afternoon I went back with my client's contractor.  The first one was about 35% done - framed with electric run, the second about 45% done with framing, electric, hvac and some plumbing, the third had no floors, no roof and no windows, actually it did but all floors and roof were in the basement.  The reason the keys didn't work is the owner didn't want anyone falling into a pit.  The agent had no clue, it was obvious from our second and third interchange that she had never even laid eyes on these properties before listing them.  

Is this misrepresentation or omission?  Obviously, she either misunderstood her client, or the client didn't give her all the information or something.  But, this could be actionable, I think.  

Best case practice:  before listing a home, walk the property, take accurate pictures and if necessary measurements and compose an accurate description.  If you choose not to follow best practice in worst case scenario it could get  you fined and possibly lose your license, best case scenario it just makes you look bad to other agents and their clients.  

Posted by


If you are thinking of buying or selling an home in  Maryland give us a call at 410-292-0100 or start your search here and we'll talk about the market conditions and what your home could possibly be worth in today's market place if you are thinking of selling. If you are considering buying a home, there is no better time than now to buy. The tax savings and wealth building alone is worth the plunge into todays market.  Remax New Beginnings and I are connected with some of the brightest and best real estate agents in the world and can assist with your move here in Maryland or anywhere in the United States or abroad.  Ask me how.

June Piper-Brandon ~ Associate Broker ~ CDPE, CIAS, ePro, MRP

Long & Foster Hampden

410-292-0100 - Direct   410-889-9800 Office

City Living Expert

 

 

 

 

 

 

June Piper Brandon - Agent with Century 21 New Millennium

June Piper Brandon - Agent with Century 21 New Millennium

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Best Practices
Groups:
Fixers, Flips, and Rehabs
Bloggers Choice Selections
Dedicated Bloggers
Diary of a Realtor
Addicted to Active Rain
Tags:
realtor best practices
selling fixer uppers
accurate descriptions
selling investment opportunities
selling baltimore homes efficiently

Spam prevention
Show All Comments
Rainmaker
1,065,067
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Agents accurary translates to their credibility. You notice how realtors exaggrate the condition of their property using adjectives on each sentence. It is getting to the point AI are flagging these descriptions as red flag forbidden words.

Jan 27, 2020 02:50 PM #1
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,036,682

June Piper-Brandon

Piecing Dreams One Home at a Time
Take the next step in home ownership now
*
*
*
*
Spam prevention

Additional Information