Friday, December 14, 2007

Crazy Buyers

Crazy by ~ellyrain

But according to some Bay Area real estate agents, the shifting market is bringing out more wacko buyers. Even as the softer market is compelling more real estate agents to hold high-end properties open to the public, many are also stepping up their security measures: asking visitors to sign in at a computer, or requiring that touring agents provide a card at a broker's tour.

"In my experience of 28 years, it doesn't happen often," says Hill & Co.'s Stephanie Ahlberg. "But real estate goes in cycles. And when the market is uncertain, it seems like all the fruits and the nuts come out." She says that in the past few months she's encountered an abundance of bizarre buyers — including those who pretend to be able to afford what they cannot and those who make "ridiculously low offers" on listings.

Impostor buyers: When looky-loos go psycho

2 comments:

Ogg the Caveman said...

*shakes head* There seem to be scam artists everywhere lately, especially in real estate.

Hey, maybe this is a new career opportunity for somebody we all know. Sweet! He wouldn't even need to do the burglary himself. He could just case the joint and then turn the rest over to his Power Team™!

Anonymous said...

The statement: "Real estate goes in cycles..." proves that she has no clue as to the cause.