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Personal Finance, Real Estate

“Tricky ways real estate agents get you to spend more money”

“1. Playing with the quote…

… “Say you are told that a property will sell between $500,000 and $550,000. You may think that you can pay the low estimate. But in reality you are already setting yourself up to pay the maximum.”…

2. Claiming a property is exclusively listed…

3. Manipulating comparable sales reports…

4. Ending with negotiation fatigue

Brokers know home buying is exhausting — and they may try to capitalize on negotiation fatigue to get you to spend more money…

https://www.bankrate.com/personal-finance/smart-money/tricky-ways-real-estate-agents-spend-more/

“Tricks” is a nice way to put it. What they really mean is “lack of ethics.” In my opinion these types of tactics are scam tactics. Personally I wouldn’t do business with anyone practicing these “tricks.”

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