Puffing In Real Estate
Puffing in real estate is used by real estate agents to exaggerate facts about the property to attract more buyers. Puffing is commonly used in real estate and is not illegal. It is not considered fraud because it expresses an opinion. There are ways that you can avoid dealing with puffing in real estate. To ensure that you are not misled by real estate agents who use puffing, consider some tips below.
• Experience Ensure that you deal with a real estate agent who has been in practice for many years. You should also check on the number of deals made. This will help you know the level of experience the real estate agent has. To tell if an agent is experienced, you need to research more about them. Visit their offices to gather all relevant information about them. That way, it will be easy to know if they have adequate experience.
• Cost You should avoid dealing with a real estate agent who quotes more than the market allows. It is wise that you first check on what the market has to offer before making a deal. Also, keep off an agent who is not willing to negotiate. It is more likely that they are not earning anything if they refuse to negotiate on prices.
• Reviews and ratings You can check past clients’ reviews and ratings. A real estate agent who has positive ratings and reviews does not use puffing in their deals. You will easily trust an agent who has more client reviews and ratings.
• Sugarcoating behavior It is advisable that you keep off a real estate agent who sugar coats words. You need to observe keenly what they say about the property. You should get the exact property as they told you. A real estate agent who uses puffing is more likely to exaggerate their words to attract more buyers.
Conclusion: Puffing in real estate is illegal not unless an agent uses it to manipulate and mislead buyers. it is a common way of drawing the attention of buyers to buy property.