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October 21, 2008

My Buyers are Not Stupid

Filed under: Center City Real Estate,General Real Estate,Of Interest to Buyers,Of Interest To Sellers — Center City Philadelphia Real Estate Agent @ 10:34 am

I love the little tricks that real estate agents sometimes attempt in order to try to “pull one over” on my buyers.

Guess What? They Ain’t fallin’ for it….because I am going to take the time to educate them about the little nuances of realtors here in town.

For instance, that listing where a realtor may have yanked a listing off the market for 2 days, then put it back on the market in order to make it  appear “new”? Not going to happen….the MLS now lists the TOTAL days-on-market and makes apparent just how long your listing has been sitting.

A personal favorite of mine-Realtors who list the properties as having parking, then at the bottom of the MLS sheet it says-seller will pay for one year paid parking in some garage somewhere.

DO YOU THINK I AM NEW TO THIS PLANET? I am not. Neither are my buyers. Nice try though…..

Oh, and the sneaky way you might submit your new condo to the MLS, and “forget” to add in the square footage? This simply tells my buyers that your condo may be overpriced for the size, and you just don’t want to admit it.

I work hard to be truthful and honest with my buyers, and I am going to reveal every trick in the book that realtors may attempt in order to get their listing some ill-deserved attention.

My buyers are not stupid, because I am not stupid. So there 🙂

Mark Wade
Prudential Fox and Roach REALTORS®
530 Walnut St., Suite 260 Philadelphia, PA 19106

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  1. Geez Mark,

    You forget to rant about these tricks:

    (1) reducing the price by just $1 so it shows up as a price reduction
    (2) posting on CraigsList as FSBO and using Trend pictures – duh!
    (3) Repeating the same picture 6 times so you can meet the minimum for some sites

    Take care buddy!


    Comment by Joe White — October 25, 2008 @ 2:54 pm
  2. Can a buyer change mind at the end before closing? if so, what would happen to the whole deal? who keeps the earnest money? How does a buyer get out of this sale contract?


    Comment by Melisa — March 19, 2009 @ 12:38 pm

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