Clearwater Florida – Recently, I read in the New York Times that a couple sued their buyer’s agent who helped them buy a property. The couple say the agent hid information from them about lower priced homes in the neighborhood and this caused them to over pay for the property they purchased.

Real Estate Agents Get Sued by Home Buyer

We’ve all heard of agents being sued because they hid material facts about a property, but this is a landmark case that has come about because of our current Buyer’s Market. A couple of years ago, as prices were going up, home buyers were just happy to buy a property before the market pushed it’s value higher. Today, with falling home prices, many buyers are determined to get the best deal and think the prices could go lower.

Want to See All the Clearwater Homes for Sale?

Call us  at  (727) 422-8901 when you are buying a home in Clearwater because we are very thorough in the real estate analysis we provide for our clients, and we negotiate for the best deal based upon the information we have collected.So, if you are looking for a properties in the Clearwater, Florida area, then call us for personal service. Have questions? Just check out our Tampa Bay customer testimonials (videos) and see that we treat our clients like our family.

P.S. Go ahead an search all the homes, condos and villas for sale in the Clearwater MLS now…
and just so you know, we require no email registration or sign in – like everything else we do – our goal is to continue to provide you with ALL the information available so you can make the best decisions!

Copyright © 2007 Jack and Cyndee Haydon,  REALTORS and  Clearwater Florida Real Estate Consultants and may not be copied, reproduced, distributed, transmitted, displayed or published. All rights reserved. Plagiarism will be detected and is punishable by law.

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7 Comments

  1. Sorry to say, it doesn’t matter so much what the look like on TV- do they have a case? Was it a case of misrepresentation? Thats what the courts will decide.Terry McDonald

  2. This story has hit quite a nerve among current buyers based on the questions I received at an open house last weekend in West Orange, New Jersey…from frightened buyers. Noone had taken the time to show them accurate comps and to educate them on the current market & how it differs community to community.

    Your buyers in Clearwater are lucky to have you as their advocate.

    My phone has been ringing since the New Year from the buyers we have maintained a dialogue with over these past few months…the ones that realize that lower mortgage rates and lowering home prices give them a rare and unique opportunity to purchase the home of their dreams from motivated sellers.

    🙂

  3. It is another case of “it’s not my fault!” Let’s blame the person who thought he or she was trying to help us, or who has the deepest pockets.
    I have heard of people suing fast food places for making them fat, and in my mind, this could qualify as the same type of situation. I guess the courts will decide.

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