1) It is a friend of this lowlife “Realtor” and they are aware of the problem with this lot or home and are trying to pass it along to a unknowing family. In a good scenario they would end up spending a fortune to build on the lot. worst scenario you would not be able to build on that lot. Now try to get your money back by re-listing the lot. The lowlife "Realtor" you get will tell you that you are going to have to drop the price that you paid because you paid to much for that lot or house. to pass it on to another sucker. "THIS SCENARIO HAPPENS EVERY DAY IN THIS TOWN WITH THESE LOCAL LOWLIFE "REALTORS" WITH HOMES AND LOTS."
2) Pocket listing, A pocket listing or hip pocket listing is a real estate industry term used in United States which denotes a property where a broker holds a signed listing agreement (or contract) with the seller, whether that be an "Exclusive Right to Sell" or "Exclusive Agency" agreement or contract, but where it is never advertised. In this town number 2 does not happen often.
A few years ago we had a person building really cheap homes below minimum building code and to make a long store short this person built these homes all around the county and city and he is still building in Thomasville, GA., but these homes he build a few years ago were really badly built, now the listing lowlife “Realtor” knew that these homes were being built bad, but she did not give two S**ts. You see she was only interested in the commission. But you see all of these lowlife "Realtors knew that these homes were being built bad they all were more interested in the commission then looking out for their client the buyer. So in Thomasville, GA. And
A long time ago I had my Real Estate license activated in Florida and our broker told us to try and go get the listing from a 'For Sale by Owner" and if we could not get the listing if they would be interested in paying 3% if we bring them a buyer and 99% of the time they would say YES. If you are a true professional Realtor you would look at the "for sale by owner" as a potential home to sell. No, not these lowlife "Realtors" they think they are worth 6% commission for doing nothing. Remember in Georgia these lowlifes "Realtors" are dual agents which means they get the full 6% commission.
Now do you think they deserve 6% commission for selling a home on square footage alone. You see they are so lazy that they do not care to learn anything new a home has or what is so special about a particular listing. I am sure you are aware of these show on TV that sale real estate like "million dollar listing of new York". You sell properties on the custom features a home has. It might be a cliche' but yes that's how real estate agents really work. Not look at a listing and say one has more square footage then the other because any monkey can do that for less than 6%.
they will not tell you how much your house is wroth they will just take the listing and list it, then after a while when you have no showing they come and tell you that you have to low your price, because remember the cheaper you list it the faster they make their full 6% commission and they will not have to split the commission. And in some occasions when they take a listing the seller has to full out a property disclosure and by law they are supposed to list anything wrong with the property. Now it is very interesting how these forms are filled out. If you're buying a home I would take a very good look at this form, because you are going to tell me that you have lived in the house all of your life or had the house built, or lived in the house for a long time and you are going to check mark on "you are not aware of any issues. "YEAH RIGHT" this would be the recommendation of the lowlife "Realtor"