Thanks for the welcome back Rustico and all! I’ve been a bit busy in my life lately, and have neglected the forum’s for a while. I also plan on being more relaxed and “kinder and gentler”!
I appreciate all the arguments so far, for and against the days on market info as well as the many other factors which comprise getting reliable information.
I just want to focus on this one thing though:
– I received a flyer.
– The Days on Market data was a complete lie.
– The Realtor knows this (that the two houses I knew of were on the market for 200 days each but say 44 and 40 days respectively).
– The Realtor crowed about the great reduction in days on market to show the market’s strength, even though knowing that the data is a complete fabrication.
Can you really explain that away SD Realtor?
This is fraud. This is specifically a broker lying and misleading – sending out advertising material which they know to be wrong. Just because this profession does it all the time doesn’t make it right, and it doesn’t say much for it’s trust.
Have we lost all grip with reality? This is sanctioned fraud. Stating (as did the Realtor when I called her up) – that they would run a complete history on any house which a buyer is interested in doesn’t fix it – it’s still fraud.
Example: A used car lot has cars with all sorts of problems. They use a mechanical service to state that the cars are 98 percent defect free. They know that the average car is 75% defect free. They claim that the advertising of the 98% number is ok, because any specific car can be reexamined to find out the truth about it…. But they use the 98% number to mislead the public about the quality of their cars… This is FRAUD!
These folks at Prudential (and probably many others) are specifically making claims which are untrue – because there is no recourse to their falsehoods – other than people making dangerous financial decisions based on Realtors painting a fake, rosy picture.
When will there be recourse to this type of behavior?
p.s. I looked at the listing brokers web site (a different agency) which shows my house as sold at 10% higher (our listing price) then we actually sold at. More deception. and it goes on and on and on!!!
