Do Realtors ever lie about other offers?
Yes, the occasional real estate agent might lie about an offer. However, the vast majority would never do so. In real estate personal recommendations and reputation are critical to success. The loss to an agents professional reputation and the subsequent impact on their business would far outweigh any financial gain.
How do you outsmart a real estate agent?
How to Outsmart the Competition in a Seller’s Market in…
- Get pre-approved for a mortgage.
- Tour homes the moment they hit the market.
- Ask for a commission rebate.
- Make bids based on value, not listing price.
- Offer flexibility to sellers.
Can letting agents lie about offers?
Although they shouldn’t, estate agents can and do lie about offers to make it look to you as a seller that they’re creating lots of interest in your property. An estate agent may also lie about offers so they can push you in the direction of a specific REAL offer, so they can get their hands on their commission ASAP.
How do you tell a realtor you are no longer interested?
The best method is just to send them an email or text that you’re no longer in the market to buy a property. Most realtors may ask what changed or want to understand if there’s something they can do to keep you as a client.
How to tell if a real estate agent is lying?
How to Tell If a Real Estate Agent Is Lying. Real estate agents might lie about the details of their own credentials, the value, and condition of a property, or the amount of interest in a property. To obtain a listing, a real estate agent may also falsely say they have a buyer lined up for the property.
Is there any way to get a home seller to lie?
There is no way!? The reality is that there are some real estate agents out there who say anything to home sellers in order to get a listing or make a sale, even if it means lying.
Why do real estate agents lie about prices?
It’s critical when interviewing real estate agents you ask them to provide you with a comparative market analysisso that you can compare them to one another. Some real estate agents may not purposely be lying about the price they recommend to a seller but it’s being done because of a lack of training and experience. Lies About Brokerage Fees
Do real estate agents lie to sellers about website traffic?
While an agent telling a home seller they are the only agent who has a website is the worse lie, there are also agents who will lie to a seller about the amount of traffic their website generates. Even though an agent may have a website, it does not mean it’s getting local traffic.