Investing in anything can be risky and there's as much money lost as made with poor portfolio management. There's no such thing as a risk-free investment - whatever the publicity and hype says. Generally, the more expansive the promises, the greater the risk and the claims of quick and easy returns are the ones that are most likely to be broken but, with good and careful methodology, there are some sound investment opportunities around - Real Estate in Sarasota Florida is one of the best of them.

Re: Listing "Sold" prices

[Answer] [alt.invest.real-estate] [Newsgroups]

Subject: Re: Listing "Sold" prices
From: em1897@aol.com (Stacy)
Newsgroups: alt.invest.real-estate
Organization: http://groups.google.com
Date: Oct 20 2005 17:30:37
References: 1 2 3 4

Dan G wrote:

It's not that simple, particularly in an area where sale prices are not
public record (non-reporting)
A listing broker does not necessarily have an ethical right to disclose
details of a sale to the public, nor would you necessarily want him to, if
it was your home that sold or was bought. Think about it. Would you want a
listing broker to disclose details of your home sale (or purchase) on a
public web site? I can think of several good reasons why you would not want
that. Not the least of which is the fact that a listing broker has signed a
contract with the seller prohibiting him from doing just that.

If you call that broker, as a buyer, and request a market analysis on
properties that are similar to the property in question, he certainly can
disclose sale prices - although not necessarily that particular one. But
publishing info on a web site is very different.

"Stacy" <em1897@aol.com> wrote in message
news:1129827172.446351.274420@o13g2000cwo.googlegroups.com...

it seems to me that the "broker" is claiming to have sold a property
for that amount to market his ability to "get" a certain price. Seems
easy enough, particularly on a web site, to simply list the selling
price if you're going to put a "SOLD" tag on the listing.

Well thats not the case in the area I'm looking at, but even so, then
don't list a price at all. Having a price of 1.3M with a big SOLD
banner over it when the unit went for 950K is dishonest IMO.

Date	Subject	Author
20.10.	Listing "Sold" prices	Stacy
20.10.	Re: Listing "Sold" prices	Dan G
20.10.	Re: Listing "Sold" prices	Stacy
20.10.	Re: Listing "Sold" prices	Dan G
20.10.	Re: Listing "Sold" prices	Stacy
20.10.	Re: Listing "Sold" prices	Dan G
22.10.	Re: Listing "Sold" prices	tobeok

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