| While we would prefer to think of everyone as | | | | to move to a decision on the house, they will call |
| being honest, some real estate agents can pull the | | | | and tell the buyer that someone else has made |
| wool over the eyes of the clients to the point | | | | an offer on the house. This is a ploy to get the |
| where the clients have been righteously ripped off | | | | buyer stirred up and possibly offer more on the |
| both buyer and seller. There are some tricks in | | | | house than what they originally wanted to spend. |
| their arsenal that will cause a buyer to sometimes | | | | With the offer in hand, the buyer cannot renege |
| commit to a home that they know is way over | | | | that easily and the sale could through for more |
| their price range and simply out of reach. Here I | | | | than what the buyer really wanted to spend on |
| am going to discuss some of these real estate | | | | their purchase. |
| agent tricks so that you as a new home buyer | | | | More often than not, there are no other offers |
| are aware that your agent could be trying to con | | | | on the home. If the seller even catches wind that |
| you. | | | | they will not be able to sell the house for the |
| Nine times out of ten, when you hear a | | | | price they want, they will push their agent to do |
| statement like, we just got three offers on the | | | | whatever it takes to get what they want. |
| house. You need to move fast!, it means that the | | | | Beware of additional offers that suddenly appear |
| real estate agent is trying to pull a fast one over | | | | out of nowhere from your agent or the sellers |
| on you. | | | | agent. If you think there is something fishy about |
| If a house has been on the market for quite a | | | | the other offers, decline putting in one of your |
| long time, the real estate agent may be feeling | | | | own and move to your second choice house. The |
| pressure to get it sold from their boss or the | | | | last thing you want to do is commit to a house |
| seller themselves. | | | | that will cost more than you can afford. |
| In order to get what they feel is the best client | | | | |