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Thomas M.
  • Investor
  • Los Angeles, CA
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52
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Red flag words! Rip off warning!

Thomas M.
  • Investor
  • Los Angeles, CA
Posted Nov 5 2019, 19:00

If you've been investing in LA for a while, you probably know that real estate agents will say ANYTHING to get you to buy and they will rob you blind if you let them. Never leave your wallet on the table around these people. But furthermore, never buy a house that's got any of these words in the MLS description-

NESTLED- never by a house that's "nestled" somewhere. You'll overpay by 300K.

ENTERTAINER'S house/dream/paradise- the word "ENTERTAINER" is used by agents to make you project into the future that you will be throwing some huge party and everyone will love you because your house is so awesome and your party is so cool. Don't buy a house described using this term, you will overpay by 300K. Always remember we are real estate investors. We are not that cool and if we throw a party only a small group of boring people will show up. We are not cool, we are just rich. There's a difference.

What more overused words can you add to my list that agents have been using to trick us?

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