I've been a little pissed this weekend after an encounter with an agent at an open house on Saturday. I was bored Saturday morning so I went out for a drive to see if there were any open houses I could look at. I stopped at a few but is seemed like a slow weekend. Must have been the rain. On the way home I noticed some signs, so I followed them to the open house. It was not something I would really be interested in (too big) but I stopped in there anyway since it is in one of my target areas. I was the only person there so the realtard followed me around asking all the usual questions.
Are you looking to buy...when?
Do you have an agent?
What do you think of the house?
I told him the house was bigger than I was looking for and that I thought the price was far too high compared to the other homes for sale in the area (which it was by about $200k at least). He got the usual surprised look and then said that the home was priced lower than the recent comps. He had his laptop on and said he could show me. Logging on to Trulia he brought up the home and at the bottom of the listing on Trulia it listed the recent sales in the area. There were 4 or 5 sales listed in the last couple of months all at surprisingly high prices. I don't use Trulia but it only took a moment for me to realize what I was looking at. This is where I lost it and bit his head off. You see those so called "comps" were the trustee sales, those were the properties going to the bank. I should have asked him if I had a big f'in sign on my forehead that read moron. In a rather agitated tone, I let him know that I was not a retard, and that showing me trustee sales as comps to justify his fantasy price was a stupid thing to do. I was pissed! I could not believe what this dumbass had just tried to do. The sad thing is that for 90% of the buyers it would probably have worked. I just happed to recognize a couple of the so called sales and I knew they were REO properties.
I don't know if it's desperation or what, but I've run into a few gems this last month or two. I've noticed it's mostly the young guys that try this crap. The young gals don't seem to have quite the same knack for the BS. I have not had nearly as much trouble with the older realtors (40+).