Here at HomeValue.us.org, our goal is to make sure that none of our customers become the victim of a ripoff scheme. That’s why we have several staff members dedicated to nothing but researching the ripoffs that infect the housing market. This week, the HomeValue.us.org staff discovered a new type of real estate ripoff and we want to warn you about it.
This is yet another ripoff instigated by real estate agents – and illustrates why if you don’t want to end up a ripoff victim, you need to research your real estate agent and make sure they have a good reputation.
The way this ripoff works is that the agent has another couple visit the house at the same time you do. This couple is secretly working for the real estate agent. (Often they are their family members.)
After you and this couple tour the home, if it seems like you are interested, the other couple will make an offer on the house right in front of you. This ripoff helps out the agent in two ways: First off, if anther couple likes the home, you are more likely to want to buy it. Secondly, the offer the other couple makes is often more than the home is worth – but you’ll think it’s worth at least that much if that’s what the other couple is willing to pay for it.
In other words, this ripoff gets you coming and going. So, don’t let this tactic pressure you into becoming a ripoff victim. Make a decision on whether or not you want the home on your own. And decide for yourself how much the home is worth – don’t let yourself get influenced by people you don’t know. They may be ripoff artists.
HomeValue.us.org is a public records database that specializes in providing home and property reports to consumers in the United States. Find out information such as the market value, residential foreclosures, neighborhood amenities, previous owners, and more. Visit HomeValue.us.org today to speak with a live representative, call 1-866-605-0312, or email Manager@HomeValue.us.org with any questions or concerns.
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