Do realtors communicate amongst themselves about houses?
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If they had personal knowledge of it. New construction is exempt from using the NC residential disclosure forms. Most folks don't get inspections on new construction.
As a buyer's agent I do things like look in crawlspaces and talk to neighbors. I want my buyer clients to not have any surprises. My business depends on happy clients giving me referrals.
If they had personal knowledge of it. New construction is exempt from using the NC residential disclosure forms. Most folks don't get inspections on new construction.
Bad, bad, bad, bad, bad idea. I have purchased new homes, and paid for inspections. Some of them had a lot more issues than older homes I've purchased. Home builders aren't always perfect and certainly not always ethical.
Most of my buyers get new construction inspected. If they choose not to get it done before closing, I tell them to get it done before their one year builder's warranty is up. I prefer they do it before closing but sometimes they don't listen to me!!!
Thank you for the replies. So say a few realtors showed a house and saw what they thought were negative attributes, would they communicate that to other realtors, to kind of "blacklist" the house and steer their buyers away from it? I recall once being shown a house that had another listing in the neighborhood, but our realtor would not even show us the other house because it was "terrible." Or am I being too cynical, that realtors just want to sell a house and it doesn't matter to them which one it is?
It really depends on the issue. It can't be summed up in such a generalization. I will show my buyers the best houses that meet their needs first and if none of those work I cast a bigger net. Usually the best priced properties are shown the most... If I know something is in poor shape or overpriced MY DUTY to my Buyer is make my buyers aware of these issue followed by "but I would be more than happy to show it to you".
No matter what house I'm showing, I always point out negative things that my client may or may not notice. High tension wires, busy street, construction going on nearby, etc. If I am representing the seller, I include it in my Agent Visual Inspection Disclosure.
Of course I live in CA, the land of lawsuits. Developers have a MUCH higher standard of disclosure than a regular homeowner does. I once worked in a neighborhood that backed to a busy street and high tension power lines, and was across the street from a military base that was about to be closed. My disclosure said that the power lines may cause cancer in children and that the military base might become a prison or a dog pound. Good times. It became a beautiful park.
You mean like "the poop house" or the "pink house" ? Yes.
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