The real estate industry favors sellers, and buyers are under-represented. Here at the blog I’ve done my best to help educate buyers, and give you a fighting chance. Here’s someone who wants to take it further:
No one is fighting for the people buying houses. Everyone in the business is driven by one thing and one thing only: closing sales.
If houses get sold, brokers on both sides get paid and the world keeps spinning. Ads flow to listing sites, inspectors get paid, mortgage brokers get commissions and home improvements continue.
No one is incentivized to STOP you from buying a home.
No one is trying to PROTECT the buyer from making a bad decision (I know, brokers are supposed to … but they don’t get paid unless you buy!).
This becomes super apparent when you look at the descriptions of homes.
Everything is “charming” and a “compound” and “gorgeous” in the descriptions, but when you go see them they are “depressing” and “dark” and “small”!
So here’s a super simple idea: reviews that tell you, in brutally honest fashion, if you should move into this house or not.
If it’s a fair price.
If it’s a horrible block, if it has a bad landlord, or if the methadone clinic is hopping at 3pm when your daughter gets home from school!
Read full article here: